H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Releases Earnings Results, Beats Expectations By $0.01 EPS

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) announced its quarterly earnings results on Wednesday. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01, Zacks reports. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%.

H & M Hennes & Mauritz AB (publ) Price Performance

Shares of HNNMY stock traded down $0.10 on Friday, reaching $2.65. The company’s stock had a trading volume of 21,577 shares, compared to its average volume of 90,720. The stock’s fifty day simple moving average is $2.71 and its 200-day simple moving average is $2.96. H & M Hennes & Mauritz AB has a 1 year low of $2.46 and a 1 year high of $3.69. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $18.76 billion, a price-to-earnings ratio of 22.09 and a beta of 1.43.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HNNMY shares. Royal Bank of Canada cut shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.