Federated Hermes Inc (NYSE:FHI) shares, rose in value on Friday, March 28, with the stock price down by -1.29% to the previous day’s close as strong demand from buyers drove the stock to $40.69.
Actively observing the price movement in the last trading, the stock closed the session at $41.22, falling within a range of $40.0 and $41.08. The value of beta (5-year monthly) was 1.056 whereas the PE ratio was 12.75 over 12-month period. Referring to stock’s 52-week performance, its high was $43.92, and the low was $31.23. On the whole, FHI has fluctuated by 6.63% over the past month.
With the market capitalization of Federated Hermes Inc currently standing at about $3.31 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 1.24, with its dividend yield at 3.05%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.74B, with a low estimate of 419M and a high estimate of 429M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 425.43M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FHI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.87, with the price of FHI currently trading nearly 3.29% and 4.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.40, while the 7-day volatility ratio is showing 2.09% which for the 30-day chart, stands at 2.57%. Furthermore, Federated Hermes Inc (FHI)’s beta value is 0.84, and its average true range (ATR) is 0.94.
A comparison of Federated Hermes Inc (FHI) with its peers suggests the former has fared considerably weaker in the market. FHI showed an intraday change of -1.29% in last session, and over the past year, it grew by 17.63%%.
Data on historical trading for Federated Hermes Inc (NYSE:FHI) indicates that the trading volumes over the past 10 days have averaged 1.41 and over the past 3 months, they’ve averaged 879.62K. According to company’s latest data on outstanding shares, there are 81.76 million shares outstanding.
Nearly 4.72% of Federated Hermes Inc’s shares belong to company insiders and institutional investors own 80.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.45 million shares as on 2025-03-14, resulting in a short ratio of 2.74. According to the data, the short interest in Federated Hermes Inc (FHI) stood at 314.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.12 million. The stock has fallen by -1.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FHI stock heading into the next quarter.
