Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 385 shares, a decrease of 45.2% from the April 15th total of 703 shares. Based on an average daily trading volume, of 818 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Hugo Boss Stock Performance

Shares of OTCMKTS:BOSSY opened at $8.49 on Monday. The company has a 50 day moving average of $8.59 and a 200-day moving average of $8.58. The firm has a market cap of $2.93 billion, a P/E ratio of 10.88 and a beta of 0.52. Hugo Boss has a twelve month low of $8.00 and a twelve month high of $10.21. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.57.

Hugo Boss (OTCMKTS:BOSSY) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.19). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. Hugo Boss had a return on equity of 16.12% and a net margin of 5.56%. As a group, analysts anticipate that Hugo Boss will post 0.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on BOSSY. Royal Bank Of Canada lowered Hugo Boss from an “outperform” rating to a “sector perform” rating in a research report on Monday, January 26th. Citigroup reiterated a “neutral” rating on shares of Hugo Boss in a research report on Monday, May 11th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Hugo Boss 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.