Hugo Boss (BOSSY) Projected to Announce Earnings on Tuesday

Hugo Boss (OTCMKTS:BOSSY) is expected to be posting its resultson Tuesday, August 4th. Analysts expect Hugo Boss to announce earnings of $0.4512 per share and revenue of $1.0325 billion for the quarter.

Hugo Boss (OTCMKTS:BOSSY) last released its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.19). The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Hugo Boss had a return on equity of 15.66% and a net margin of 5.56%. On average, analysts expect Hugo Boss to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hugo Boss Stock Performance

OTCMKTS BOSSY opened at $8.50 on Monday. The company has a fifty day simple moving average of $8.59 and a two-hundred day simple moving average of $8.58. The stock has a market cap of $2.87 billion, a P/E ratio of 10.90 and a beta of 0.54. Hugo Boss has a 12-month low of $8.00 and a 12-month high of $10.08. The company has a current ratio of 1.56, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55.

Analysts Set New Price Targets

A number of brokerages have commented on BOSSY. Citigroup reaffirmed a “neutral” rating on shares of Hugo Boss in a research report on Monday, May 11th. DZ Bank lowered Hugo Boss from a “strong-buy” rating to a “hold” rating in a report on Friday, June 12th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.