Federated Hermes, Inc. (FHI)
NYSE: FHI · Real-Time Price · USD
42.34
+0.63 (1.51%)
Nov 22, 2024, 4:00 PM EST - Market closed

Federated Hermes Statistics

Total Valuation

FHI has a market cap or net worth of $3.30 billion. The enterprise value is $3.24 billion.

Market Cap 3.30B
Enterprise Value 3.24B

Important Dates

The last earnings date was Thursday, October 24, 2024, after market close.

Earnings Date Oct 24, 2024
Ex-Dividend Date Nov 8, 2024

Share Statistics

FHI has 77.93 million shares outstanding. The number of shares has decreased by -4.99% in one year.

Current Share Class 77.92M
Shares Outstanding 77.93M
Shares Change (YoY) -4.99%
Shares Change (QoQ) -1.65%
Owned by Insiders (%) 4.28%
Owned by Institutions (%) 82.82%
Float 74.55M

Valuation Ratios

The trailing PE ratio is 13.38 and the forward PE ratio is 10.41. FHI's PEG ratio is 1.12.

PE Ratio 13.38
Forward PE 10.41
PS Ratio 2.13
Forward PS 1.93
PB Ratio 3.05
P/TBV Ratio n/a
P/FCF Ratio 9.60
P/OCF Ratio 9.44
PEG Ratio 1.12
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.67, with an EV/FCF ratio of 9.41.

EV / Earnings 12.73
EV / Sales 2.02
EV / EBITDA 8.67
EV / EBIT 9.24
EV / FCF 9.41

Financial Position

The company has a current ratio of 2.75, with a Debt / Equity ratio of 0.39.

Current Ratio 2.75
Quick Ratio 2.60
Debt / Equity 0.39
Debt / EBITDA 1.14
Debt / FCF 1.30
Interest Coverage 27.75

Financial Efficiency

Return on equity (ROE) is 23.46% and return on invested capital (ROIC) is 13.62%.

Return on Equity (ROE) 23.46%
Return on Assets (ROA) 10.63%
Return on Capital (ROIC) 13.62%
Revenue Per Employee $789,584
Profits Per Employee $125,507
Employee Count 2,025
Asset Turnover 0.78
Inventory Turnover n/a

Taxes

In the past 12 months, FHI has paid $115.96 million in taxes.

Income Tax 115.96M
Effective Tax Rate 30.00%

Stock Price Statistics

The stock price has increased by +34.54% in the last 52 weeks. The beta is 1.11, so FHI's price volatility has been higher than the market average.

Beta (5Y) 1.11
52-Week Price Change +34.54%
50-Day Moving Average 38.68
200-Day Moving Average 35.24
Relative Strength Index (RSI) 66.41
Average Volume (20 Days) 670,230

Short Selling Information

The latest short interest is 1.91 million, so 2.46% of the outstanding shares have been sold short.

Short Interest 1.91M
Short Previous Month 2.97M
Short % of Shares Out 2.46%
Short % of Float 2.57%
Short Ratio (days to cover) 3.01

Income Statement

In the last 12 months, FHI had revenue of $1.60 billion and earned $254.15 million in profits. Earnings per share was $3.16.

Revenue 1.60B
Gross Profit 1.07B
Operating Income 350.21M
Pretax Income 363.70M
Net Income 254.15M
EBITDA 373.10M
EBIT 350.21M
Earnings Per Share (EPS) $3.16
Full Income Statement

Balance Sheet

The company has $565.03 million in cash and $447.82 million in debt, giving a net cash position of $117.21 million or $1.50 per share.

Cash & Cash Equivalents 565.03M
Total Debt 447.82M
Net Cash 117.21M
Net Cash Per Share $1.50
Equity (Book Value) 1.14B
Book Value Per Share 13.90
Working Capital 460.05M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $349.49 million and capital expenditures -$5.63 million, giving a free cash flow of $343.86 million.

Operating Cash Flow 349.49M
Capital Expenditures -5.63M
Free Cash Flow 343.86M
FCF Per Share $4.41
Full Cash Flow Statement

Margins

Gross margin is 66.80%, with operating and profit margins of 21.90% and 16.62%.

Gross Margin 66.80%
Operating Margin 21.90%
Pretax Margin 24.18%
Profit Margin 16.62%
EBITDA Margin 23.33%
EBIT Margin 21.90%
FCF Margin 20.54%

Dividends & Yields

This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 2.93%.

Dividend Per Share $1.24
Dividend Yield 2.93%
Dividend Growth (YoY) -21.40%
Years of Dividend Growth 2
Payout Ratio 39.20%
Buyback Yield 4.99%
Shareholder Yield 7.91%
Earnings Yield 7.70%
FCF Yield 10.42%
Dividend Details

Analyst Forecast

The average price target for FHI is $43.33, which is 2.34% higher than the current price. The consensus rating is "Buy".

Price Target $43.33
Price Target Difference 2.34%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 1.13%
EPS Growth Forecast (5Y) 4.03%
Stock Forecasts

Stock Splits

The last stock split was on July 18, 2000. It was a forward split with a ratio of 1.5:1.

Last Split Date Jul 18, 2000
Split Type Forward
Split Ratio 1.5:1

Scores

FHI has an Altman Z-Score of 4.27 and a Piotroski F-Score of 5.

Altman Z-Score 4.27
Piotroski F-Score 5