A share price of Federated Hermes Inc [FHI] is currently trading at $42.18, up 0.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FHI shares have gain 2.63% over the last week, with a monthly amount glided 9.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Federated Hermes Inc [NYSE: FHI] stock has seen the most recent analyst activity on October 28, 2024, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $46 from $35. Previously, UBS started tracking the stock with Neutral rating on January 05, 2024, and set its price target to $35. On January 04, 2024, TD Cowen initiated with a Market Perform rating and assigned a price target of $32 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $47 on April 11, 2023. Keefe Bruyette upgraded its rating to a Outperform and raised its price target to $40 on June 29, 2022. Citigroup downgraded its rating to Sell for this stock on April 12, 2022, and downed its price target to $28.50.
Federated Hermes Inc experienced fluctuations in its stock price throughout the past year between $30.15 and $42.56. Currently, Wall Street analysts expect the stock to reach $34.17 within the next 12 months. Federated Hermes Inc [NYSE: FHI] shares were valued at $42.18 at the most recent close of the market. An investor can expect a potential drop of -18.99% based on the average FHI price forecast.
Analyzing the FHI fundamentals
Trailing Twelve Months sales for Federated Hermes Inc [NYSE:FHI] were 1.60B which represents 1.87% growth. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.24 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.94 points at the first support level, and at 41.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.45, and for the 2nd resistance point, it is at 42.72.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 13.54.
Transactions by insiders
Recent insider trading involved Germain Peter J, EVP, CLO & Sec., that happened on Nov 08 ’24 when 14491.0 shares were sold. Officer, Germain Peter J completed a deal on Nov 08 ’24 to buy 14491.0 shares. Meanwhile, CEO, Hermes Fund Managers Ltd. Nusseibeh Saker Anwar sold 12152.0 shares on Nov 04 ’24.
