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

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

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. 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) Trading Down 0.7 %

Shares of HNNMY stock opened at $2.61 on Tuesday. The company has a market capitalization of $18.49 billion, a PE ratio of 18.65 and a beta of 1.40. H & M Hennes & Mauritz AB has a 52-week low of $2.46 and a 52-week high of $3.69. The business’s fifty day moving average is $2.67 and its 200 day moving average is $2.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.14.

Analysts Set New Price Targets

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