FY2024 EPS Estimates for OTCMKTS:HNNMY Lowered by Analyst

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) – Equities research analysts at Telsey Advisory Group reduced their FY2024 EPS estimates for shares of H & M Hennes & Mauritz AB (publ) in a research report issued on Thursday, January 23rd. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $0.13 per share for the year, down from their prior estimate of $0.15. The consensus estimate for H & M Hennes & Mauritz AB (publ)’s current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for H & M Hennes & Mauritz AB (publ)’s Q4 2024 earnings at $0.03 EPS and FY2025 earnings at $0.16 EPS.

A number of other analysts also recently issued reports on the company. Redburn Atlantic downgraded H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th. Finally, Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Down 0.4 %

Shares of H & M Hennes & Mauritz AB (publ) stock opened at $2.66 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The firm has a market cap of $18.83 billion, a price-to-earnings ratio of 22.25 and a beta of 1.43. H & M Hennes & Mauritz AB has a twelve month low of $2.46 and a twelve month high of $3.69. The business has a 50-day moving average price of $2.71 and a 200-day moving average price of $2.98.

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.