Hennes & Mauritz AB (HNNMY) – What Are Analysts Saying About This Stock?

Hennes & Mauritz AB (OTCMKTS:HNNMY) has been assigned an average rating of “Reduce” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several equities analysts recently issued reports on HNNMY shares. Citigroup reissued a “neutral” rating on shares of Hennes & Mauritz in a research report on Tuesday, August 18th. Zacks Research raised Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a research report on Friday, August 14th.

Hennes & Mauritz Stock Performance

Shares of Hennes & Mauritz stock opened at $3.50 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 1.16. Hennes & Mauritz has a 12-month low of $3.07 and a 12-month high of $4.25. The firm has a market capitalization of $24.58 billion, a price-to-earnings ratio of 20.59 and a beta of 1.17. The firm’s 50 day simple moving average is $3.41 and its two-hundred day simple moving average is $3.60.

Hennes & Mauritz (OTCMKTS:HNNMY) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. Hennes & Mauritz had a net margin of 5.94% and a return on equity of 33.70%. The business had revenue of $5.98 billion during the quarter, compared to analysts’ expectations of $5.84 billion. Analysts predict that Hennes & Mauritz will post 0.17 EPS for the current year.

Hennes & Mauritz Company Profile

Hennes & Mauritz AB, commonly known as H&M Group, is a Swedish fashion and retail company that designs, sources and sells clothing, accessories, footwear, beauty products and home furnishings. Its brands serve a broad range of customers through physical stores, digital platforms and e-commerce channels.

The company’s portfolio includes H&M, COS, Weekday, & Other Stories, ARKET and other fashion and lifestyle concepts. H&M is known for offering trend-focused apparel and accessories, while the group’s other brands generally target distinct segments ranging from contemporary and premium fashion to home goods and resale.

H&M was founded in 1947 by Erling Persson in Västerås, Sweden, originally under the name Hennes.