Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 454 shares, a decline of 70.3% from the August 31st total of 1,531 shares. Based on an average trading volume of 110 shares, the days-to-cover ratio is presently 4.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Citigroup reissued a “neutral” rating on shares of Hugo Boss in a report on Wednesday, August 5th. DZ Bank downgraded Hugo Boss from a “strong-buy” rating to a “hold” rating in a report on Friday, June 12th. Finally, Berenberg Bank upgraded Hugo Boss to a “strong-buy” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Hugo Boss Stock Performance

Shares of Hugo Boss stock opened at $8.75 on Friday. The stock has a market cap of $3.02 billion, a PE ratio of 11.82 and a beta of 0.56. The firm has a fifty day moving average price of $8.94 and a 200 day moving average price of $8.72. Hugo Boss has a 1 year low of $8.00 and a 1 year high of $9.98. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.77 and a quick ratio of 0.79.

Hugo Boss (OTCMKTS:BOSSY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.34). Hugo Boss had a net margin of 5.34% and a return on equity of 14.10%. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Equities research analysts predict that Hugo Boss will post 0.63 earnings per share for the current year.

Hugo Boss Company Profile

Hugo Boss AG is a Germany-based fashion company that develops, markets and sells premium clothing, footwear and accessories under its BOSS and HUGO brands. Its product range includes tailored clothing, casualwear, athleisure, shoes, bags, watches, eyewear and fragrances for men and women.

The company was founded in 1924 by Hugo Ferdinand Boss and is headquartered in Metzingen, Germany. Hugo Boss serves customers internationally through its own retail stores, online channels, wholesale partners and selected distribution outlets across Europe, the Americas, Asia-Pacific and other global markets.

Hugo Boss is led by Chief Executive Officer Daniel Grieder, who has overseen the company since 2021.