H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Average Recommendation of “Hold” from Analysts

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) has been given a consensus rating of “Hold” by the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Separately, Royal Bank of Canada upgraded H & M Hennes & Mauritz AB (publ) from a “sector perform” rating to an “outperform” rating in a research note on Friday, May 17th.

H & M Hennes & Mauritz AB (publ) Trading Up 0.6 %

Shares of OTCMKTS HNNMY opened at $3.54 on Tuesday. The business has a fifty day simple moving average of $3.28 and a 200 day simple moving average of $3.11. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 32.18 and a beta of 1.47. H & M Hennes & Mauritz AB has a one year low of $2.52 and a one year high of $3.57.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its earnings results on Wednesday, March 27th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The business had revenue of $5.19 billion during the quarter, compared to analyst estimates of $5.08 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 20.67% and a net margin of 4.02%. On average, research analysts anticipate that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 7th were given a $0.062 dividend. This is a boost from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio is 72.73%.

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.