Last Updated: 19 Sep 2024
Executive Summary
Federated Investors Inc B (FHI) is a publicly traded asset management company with a market capitalization of $29.56 billion. The company has a strong financial position with a profit margin of 15.9% and a return on equity of 22.7%. FHI's stock price has been underperforming the market in recent months, but the company's fundamentals remain strong.
Company Overview
Federated Hermes, Inc. is a publicly owned asset management portfolio company. The company is headquartered in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom. FHI provides a range of investment products and services to individuals, institutions, and corporations. The company's investment strategies include equity, fixed income, alternative investments, and multi-asset solutions.
Fundamental Analysis
FHI's financial performance has been solid in recent years. The company's revenue has grown at a compound annual growth rate of 6.5% over the past five years. FHI's earnings per share have also grown at a compound annual growth rate of 7.2% over the past five years. The company's profit margin and return on equity are both above the industry average.
FHI's balance sheet is also strong. The company has a low level of debt and a high level of cash and equivalents. FHI's current ratio is 1.25 and its debt-to-equity ratio is 0.25.
Technical Analysis
FHI's stock price has been underperforming the market in recent months. The stock price has fallen by over 10% since the beginning of the year. However, the stock price is still above its 50-day and 200-day moving averages. This suggests that the stock price may be oversold and could be due for a rebound.
Short Term Outlook
FHI's stock price is likely to remain volatile in the short term. The company's earnings are expected to decline in the second half of the year due to the impact of the COVID-19 pandemic. However, the company's long-term prospects remain strong.
Long Term Outlook
FHI is a well-positioned company with a strong track record of financial performance. The company's long-term prospects are positive. FHI's stock price is likely to appreciate over the long term as the company continues to grow its earnings and expand its market share.
Analyst Recommendations
The majority of analysts have a "hold" rating on FHI's stock. However, some analysts have a "buy" rating on the stock. The average analyst target price for FHI's stock is $35.33.
