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

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) released its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate 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 H & M Hennes & Mauritz AB (publ) stock traded down $0.10 during trading on Friday, hitting $2.65. 21,577 shares of the stock traded hands, compared to its average volume of 90,720. The firm’s fifty day moving average is $2.71 and its 200-day moving average is $2.96. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of 22.09 and a beta of 1.43. H & M Hennes & Mauritz AB has a 52 week low of $2.46 and a 52 week high of $3.69. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

Analyst Ratings Changes

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

About H & M Hennes & Mauritz AB (publ)

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.