Hugo Boss (OTCMKTS:BOSSY) Shares Gap Up – Still a Buy?

Hugo Boss (OTCMKTS:BOSSY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $8.18, but opened at $8.70. Hugo Boss shares last traded at $8.70, with a volume of 100 shares traded.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Hugo Boss to a “hold” rating in a research note on Monday, December 8th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Hugo Boss Price Performance

The stock’s 50 day simple moving average is $8.92 and its two-hundred day simple moving average is $9.34. The stock has a market capitalization of $3.00 billion, a PE ratio of 12.08 and a beta of 0.63.

Hugo Boss (OTCMKTS:BOSSY) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. Hugo Boss had a net margin of 5.31% and a return on equity of 15.59%. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.01 billion. As a group, equities research analysts predict that Hugo Boss will post 0.63 earnings per share for the current fiscal year.

About Hugo Boss

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.