Hugo Boss (OTCMKTS:BOSSY – Get Free Report) posted its earnings results on Tuesday. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.34), Zacks reports. Hugo Boss had a net margin of 5.56% and a return on equity of 15.66%.
Hugo Boss Price Performance
BOSSY stock remained flat at $8.79 during trading on Tuesday. The company had a trading volume of 318 shares, compared to its average volume of 24. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 11.27 and a beta of 0.54. Hugo Boss has a 1 year low of $8.00 and a 1 year high of $10.08. The company has a fifty day simple moving average of $8.59 and a 200-day simple moving average of $8.58. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.56.
Wall Street Analysts Forecast Growth
BOSSY has been the topic of a number of research reports. Citigroup restated a “neutral” rating on shares of Hugo Boss in a research note on Monday, May 11th. DZ Bank cut Hugo Boss from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently 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.
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