Jefferies Group Weighs in on HENNES & MAURITZ’s FY2018 Earnings (OTCMKTS:HNNMY)

HENNES & MAURITZ (OTCMKTS:HNNMY) – Analysts at Jefferies Group increased their FY2018 earnings estimates for HENNES & MAURITZ in a report issued on Wednesday, Zacks Investment Research reports. Jefferies Group analyst J. Grzinic now expects that the company will post earnings of $0.23 per share for the year, up from their previous forecast of $0.22.

HENNES & MAURITZ (OTCMKTS:HNNMY) last posted its quarterly earnings results on Wednesday, January 31st. The company reported $0.06 EPS for the quarter. The firm had revenue of $6.16 billion for the quarter. HENNES & MAURITZ had a net margin of 8.09% and a return on equity of 29.03%.

Separately, Zacks Investment Research lowered shares of HENNES & MAURITZ from a “hold” rating to a “sell” rating in a research note on Monday, November 6th.

HENNES & MAURITZ (HNNMY) traded up $0.02 during trading hours on Friday, reaching $3.50. 64,980 shares of the company were exchanged, compared to its average volume of 161,995. HENNES & MAURITZ has a 52 week low of $3.27 and a 52 week high of $5.53. The stock has a market capitalization of $25,415.69, a price-to-earnings ratio of 15.13, a PEG ratio of 5.04 and a beta of 0.85.

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HENNES & MAURITZ Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies. It offers sportswear, underwear, shoes, bags, jewelry, scarves, hats, belts, beauty products, stationery, ready-to-wear, and jeans wear; hair styling, body care, and make-up accessories; and homeware accessories for the living room, kitchen, bedroom, bathroom and children’s room.

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