Federated Hermes Inc.

39.02
0.22 (0.57%)
At close: Jan 28, 2025, 2:00 PM

Federated Hermes Statistics

Share Statistics

Federated Hermes has 81.80M shares outstanding. The number of shares has increased by -3.12% in one year.

Shares Outstanding 81.80M
Shares Change (YoY) n/a
Shares Change (QoQ) -0.96%
Owned by Institutions (%) n/a
Shares Floating 78.12M
Failed to Deliver (FTD) Shares 262
FTD / Avg. Volume 0.04%

Short Selling Information

The latest short interest is 2.76M, so 3.37% of the outstanding shares have been sold short.

Short Interest 2.76M
Short % of Shares Out 3.37%
Short % of Float 3.53%
Short Ratio (days to cover) 5.3

Valuation Ratios

The PE ratio is 9.5 and the forward PE ratio is 10.16. Federated Hermes 's PEG ratio is 0.19.

PE Ratio 9.5
Forward PE 10.16
PS Ratio 1.76
Forward PS 1.7
PB Ratio 2.52
P/FCF Ratio 9.34
PEG Ratio 0.19
Financial Ratio History

Enterprise Valuation

Federated Hermes Inc. has an Enterprise Value (EV) of 2.91B.

EV / Earnings 9.74
EV / Sales 1.81
EV / EBITDA 6.81
EV / EBIT 7.51
EV / FCF 9.58

Financial Position

The company has a current ratio of 2.51, with a Debt / Equity ratio of 0.41.

Current Ratio 2.51
Quick Ratio 2.51
Debt / Equity 0.41
Total Debt / Capitalization 28.87
Cash Flow / Debt 0.68
Interest Coverage 30.96

Financial Efficiency

Return on equity (ROE) is 0.26% and return on capital (ROIC) is 17.81%.

Return on Equity (ROE) 0.26%
Return on Assets (ROA) 0.14%
Return on Capital (ROIC) 17.81%
Revenue Per Employee 804.79K
Profits Per Employee 149.49K
Employee Count 2.00K
Asset Turnover 0.77
Inventory Turnover 0

Taxes

Income Tax 106.55M
Effective Tax Rate 0.26

Stock Price Statistics

The stock price has increased by 8.9% in the last 52 weeks. The beta is 1.11, so Federated Hermes 's price volatility has been higher than the market average.

Beta 1.11
52-Week Price Change 8.9%
50-Day Moving Average 41.01
200-Day Moving Average 36.29
Relative Strength Index (RSI) 41.58
Average Volume (20 Days) 622.64K

Income Statement

In the last 12 months, Federated Hermes had revenue of 1.61B and earned 298.98M in profits. Earnings per share was 3.4.

Revenue 1.61B
Gross Profit 1.05B
Operating Income 387.55M
Net Income 298.98M
EBITDA 427.60M
EBIT 387.55M
Earnings Per Share (EPS) 3.4
Full Income Statement

Balance Sheet

The company has 383.18M in cash and 457.94M in debt, giving a net cash position of -74.76M.

Cash & Cash Equivalents 383.18M
Total Debt 457.94M
Net Cash -74.76M
Retained Earnings 1.19B
Total Assets 2.04B
Working Capital 460.05M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 311.83M and capital expenditures -7.92M, giving a free cash flow of 303.92M.

Operating Cash Flow 311.83M
Capital Expenditures -7.92M
Free Cash Flow 303.92M
FCF Per Share 3.62
Full Cash Flow Statement

Margins

Gross margin is 65%, with operating and profit margins of 24.08% and 18.58%.

Gross Margin 65%
Operating Margin 24.08%
Pretax Margin 25.56%
Profit Margin 18.58%
EBITDA Margin 26.57%
EBIT Margin 24.08%
FCF Margin 18.88%

Dividends & Yields

FHI pays an annual dividend of $1.24, which amounts to a dividend yield of 3.21%.

Dividend Per Share $1.24
Dividend Yield 3.21%
Dividend Growth (YoY) 10.71%
Payout Ratio 39.24%
Earnings Yield 8.77%
FCF Yield 9.58%
Dividend Details

Analyst Forecast

The average price target for FHI is $42.5, which is 9.6% higher than the current price. The consensus rating is "Hold".

Price Target $42.5
Price Target Difference 9.6%
Analyst Consensus Hold
Analyst Count 6
Stock Forecasts

Stock Splits

The last stock split was on Jul 18, 2000. It was a forward split with a ratio of 3:2.

Last Split Date Jul 18, 2000
Split Type forward
Split Ratio 3:2

Scores

Altman Z-Score 4.57
Piotroski F-Score 6