Understanding Federated Hermes (FHI) Stock – Key Insights for Investors

By Harris Dyer • Thursday, September 07 12:13 • Permanent Link

Join us for a quick overview of Federated Hermes, a Asset Management company whose shares moved -1.0% today. Here are some facts about the stock that should help you see the bigger picture:

Federated Hermes has moved -1.0% over the last year, and the S&P 500 logged a change of 12.0%
FHI has an average analyst rating of buy and is -7.78% away from its mean target price of $37.4 per share
Its trailing earnings per share (EPS) is $3.0
Federated Hermes has a trailing 12 month Price to Earnings (P/E) ratio of 11.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $3.63 and its forward P/E ratio is 9.5
The company has a Price to Book (P/B) ratio of 2.55 in contrast to the S&P 500's average ratio of 2.95
Federated Hermes is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
FHI has reported YOY quarterly earnings growth of 26.9% and gross profit margins of 0.7%
The company has a free cash flow of $259.82 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Federated Hermes, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.