In mainland Europe, one of the world's leading fashion retailers saw its share price fall more than 13% after it warned bad weather would be affecting its sales. H&M posted a 50% increase in operating profits to SKr7.1 billion ($672.5 million) from March to May, however, investors appeared to be more interested in what comes next for the Swedish retailer.
H&M is turning the page. More margin expansion is on the horizon. Valuations are not that demanding relative to improved fundamentals.
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) has earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on 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 report on Friday. View Our Latest Report on H & M Hennes & Mauritz AB (publ) H & M Hennes & Mauritz AB (publ) Price Performance OTCMKTS:HNNMY opened at $3.35 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.08 and a quick ratio of 0.56. H & M Hennes & Mauritz AB has a one year low of $2.43 and a one year high of $3.56. The company has a fifty day moving average price of $3.06 and a 200 day moving average price of $3.05. The stock has a market cap of $24.04 billion, a P/E ratio of 30.46 and a beta of 1.47. H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last announced its quarterly earnings data on Wednesday, March 27th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.02% and a return on equity of 20.67%. The business had revenue of $5.19 billion during the quarter, compared to analyst estimates of $5.08 billion. Analysts anticipate that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current year. H & M Hennes & Mauritz AB (publ) Increases Dividend The firm also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Tuesday, May 7th will be issued a dividend of $0.062 per share. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio (DPR) is presently 90.92%. About H & M Hennes & Mauritz AB (publ) (Get Free Report 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. See Also Five stocks we like better than H & M Hennes & Mauritz AB (publ) About the Markup Calculator MarketBeat Week in Review – 5/13 – 5/17 Stock Market Sectors: What Are They and How Many Are There? Take-Two Interactive Software Offers 2nd Chance for Investors What is Forex and How Does it Work? Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook