H & M Hennes & Mauritz AB (publ) (HNNMY) to Release Earnings on Wednesday

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) is expected to post its quarterly earnings results on Wednesday, March 26th. Analysts expect H & M Hennes & Mauritz AB (publ) to post earnings of $0.02 per share and revenue of $56.15 billion for the quarter.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. On average, analysts expect H & M Hennes & Mauritz AB (publ) to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

H & M Hennes & Mauritz AB (publ) Stock Down 2.0 %

HNNMY stock opened at $2.63 on Monday. The business’s 50-day moving average price is $2.67 and its 200-day moving average price is $2.87. The stock has a market cap of $18.60 billion, a P/E ratio of 18.77 and a beta of 1.40. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. H & M Hennes & Mauritz AB has a twelve month low of $2.46 and a twelve month high of $3.69.

Analyst Ratings Changes

Several research analysts recently weighed in on HNNMY shares. Royal Bank of Canada downgraded shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Barclays downgraded H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, H & M Hennes & Mauritz AB (publ) presently has an average rating of “Hold”.

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.