Erste Group Bank Comments on OTCMKTS:HESAY FY2026 Earnings

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) – Investment analysts at Erste Group Bank lowered their FY2026 earnings estimates for shares of Hermes International in a research report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $4.92 for the year, down from their previous estimate of $5.17. The consensus estimate for Hermes International’s current full-year earnings is $4.92 per share. Erste Group Bank also issued estimates for Hermes International’s FY2027 earnings at $5.44 EPS.

Several other research firms have also issued reports on HESAY. Royal Bank Of Canada lowered Hermes International from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, August 18th. Zacks Research cut Hermes International from a “hold” rating to a “strong sell” rating in a research report on Monday. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. UBS Group downgraded Hermes International from a “neutral” rating to a “sell” rating in a research note on Monday, October 5th. Finally, The Goldman Sachs Group initiated coverage on Hermes International in a report on Monday, October 5th. They set a “sell” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Hermes International Trading Down 0.1%

Hermes International stock opened at $143.79 on Tuesday. Hermes International has a 52 week low of $140.93 and a 52 week high of $265.89. The stock has a 50-day simple moving average of $165.87 and a 200 day simple moving average of $181.48.

About Hermes International

Hermès International is a French luxury-goods company known for its craftsmanship, distinctive design and long-standing heritage. The business was founded in Paris in 1837 by Thierry Hermès as a harness and saddlery workshop, and it has evolved into a global luxury brand while retaining a strong connection to artisanal production.

The company offers a broad range of products, including leather goods and saddlery, silk and textiles, ready-to-wear clothing, footwear, fashion accessories, jewelry, watches, fragrances, beauty products and home furnishings.