H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.15 and traded as low as $2.78. H & M Hennes & Mauritz AB (publ) shares last traded at $2.80, with a volume of 68,278 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on HNNMY shares. Barclays upgraded H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research note on Friday, September 27th. Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Finally, Redburn Atlantic cut H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on HNNMY
H & M Hennes & Mauritz AB (publ) Stock Performance
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. Equities analysts anticipate that H & M Hennes & Mauritz AB will post 0.14 earnings per share for the current fiscal year.
H & M Hennes & Mauritz AB (publ) Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were given a $0.0625 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 Friday, November 8th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio is 58.34%.
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.
Featured Stories
- Five stocks we like better than H & M Hennes & Mauritz AB (publ)
- Using the MarketBeat Dividend Tax Calculator
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Retail Stocks Investing, Explained
- Texas Instruments: The Old-School Tech Titan Still Delivering
- How to Use the MarketBeat Excel Dividend Calculator
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for H & M Hennes & Mauritz AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H & M Hennes & Mauritz AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.