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

Hugo Boss (OTCMKTS:BOSSY) released its quarterly earnings results on Tuesday. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates 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 BOSSY stock opened at $8.88 on Tuesday. The stock has a 50-day simple moving average of $8.93 and a 200 day simple moving average of $8.69. Hugo Boss has a fifty-two week low of $8.00 and a fifty-two week high of $9.70. The stock has a market capitalization of $3.06 billion, a P/E ratio of 11.96 and a beta of 0.61. The company has a quick ratio of 0.79, a current ratio of 1.77 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

BOSSY has been the topic of a number of research analyst reports. Berenberg Bank upgraded shares of Hugo Boss to a “strong-buy” rating in a research note on Tuesday, August 11th. Citigroup restated a “neutral” rating on shares of Hugo Boss in a research report on Wednesday, August 5th. One 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.com, the company presently 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.