Hugo Boss (OTCMKTS:BOSSY) Upgraded to “Hold” by Citigroup

Citigroup upgraded shares of Hugo Boss (OTCMKTS:BOSSY) to a hold rating in a research note released on Wednesday morning, Zacks.com reports.

Separately, Stifel Nicolaus lowered Hugo Boss from a buy rating to a hold rating in a report on Monday, July 29th.

Hugo Boss Stock Performance

Shares of BOSSY opened at $8.90 on Wednesday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 10.85 and a beta of 1.19. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.62 and a current ratio of 1.62. Hugo Boss has a 1 year low of $7.47 and a 1 year high of $15.36. The company’s fifty day moving average is $8.38 and its two-hundred day moving average is $9.54.

Hugo Boss (OTCMKTS:BOSSY) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $1.09 billion for the quarter. Hugo Boss had a net margin of 5.27% and a return on equity of 17.07%. On average, sell-side analysts predict that Hugo Boss will post 0.68 earnings per share for the current year.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.