HENNES & MAURIT/ADR (OTCMKTS:HNNMY) Earning Very Negative News Coverage, Study Shows

News articles about HENNES & MAURIT/ADR (OTCMKTS:HNNMY) have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HENNES & MAURIT/ADR earned a media sentiment score of -3.33 on their scale. InfoTrie also assigned news stories about the company an news buzz score of 3 out of 10, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the next several days.

Several equities research analysts recently commented on the company. Jefferies Financial Group reaffirmed a “hold” rating on shares of HENNES & MAURIT/ADR in a report on Thursday, April 23rd. Morgan Stanley raised HENNES & MAURIT/ADR from an “underweight” rating to an “equal weight” rating in a report on Tuesday, May 12th. Goldman Sachs Group cut HENNES & MAURIT/ADR from a “neutral” rating to a “sell” rating in a report on Sunday, May 10th. Zacks Investment Research raised HENNES & MAURIT/ADR from a “hold” rating to a “buy” rating and set a $3.50 price target for the company in a report on Wednesday, June 3rd. Finally, Barclays started coverage on HENNES & MAURIT/ADR in a report on Wednesday, April 15th. They issued an “overweight” rating for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $3.50.

Shares of HNNMY traded down $0.18 during midday trading on Friday, hitting $2.87. 31,434 shares of the stock were exchanged, compared to its average volume of 70,991. HENNES & MAURIT/ADR has a 52-week low of $1.88 and a 52-week high of $4.36. The stock has a fifty day simple moving average of $2.91 and a 200 day simple moving average of $3.31. The firm has a market cap of $22.28 billion, a P/E ratio of 15.94 and a beta of 1.29. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.46 and a current ratio of 1.14.

HENNES & MAURIT/ADR (OTCMKTS:HNNMY) last announced its quarterly earnings data on Friday, April 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $5.76 billion for the quarter, compared to analysts’ expectations of $5.60 billion. HENNES & MAURIT/ADR had a return on equity of 26.51% and a net margin of 6.16%. As a group, equities research analysts forecast that HENNES & MAURIT/ADR will post 0.03 EPS for the current fiscal year.

HENNES & MAURIT/ADR Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies worldwide. It offers sportswear, underwear, shoes, bags, beauty products, stationery, ready-to-wear, jeans, home textiles, and homeware; and interior products for living rooms, kitchens, bedrooms, bathrooms, and kids' rooms.

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