Hugo Boss (OTCMKTS:BOSSY) Announces Earnings Results, Misses Estimates By $0.51 EPS

Hugo Boss (OTCMKTS:BOSSY) released its quarterly earnings data on Tuesday. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.51), Zacks reports. Hugo Boss had a return on equity of 14.10% and a net margin of 5.34%.

Hugo Boss Trading Up 0.3%

Shares of Hugo Boss stock opened at $8.88 on Tuesday. Hugo Boss has a 12-month low of $8.00 and a 12-month high of $9.70. The company has a current ratio of 1.77, a quick ratio of 0.79 and a debt-to-equity ratio of 0.49. The stock has a market cap of $3.06 billion, a PE ratio of 12.00 and a beta of 0.61. The company has a 50-day moving average of $8.93 and a two-hundred day moving average of $8.69.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BOSSY shares. Citigroup reissued a “neutral” rating on shares of Hugo Boss in a report on Wednesday, August 5th. Berenberg Bank raised shares of Hugo Boss to a “strong-buy” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Hugo Boss has a consensus rating of “Hold”.

About Hugo Boss

Hugo Boss AG is a German fashion and lifestyle company headquartered in Metzingen, Germany. Founded in 1924 by Hugo Ferdinand Boss, the company has developed into an international apparel business serving customers through its own retail stores, online channels, wholesale partners and selected digital platforms.

The company operates primarily through its BOSS and HUGO brands. BOSS offers modern businesswear, casual clothing, footwear and accessories for men and women, while HUGO focuses on contemporary, fashion-oriented collections.