Hermes International (HESAY) Projected to Release Quarterly Earnings on Wednesday

Hermes International (OTCMKTS:HESAY) is projected to announce its resultson Wednesday, July 29th. Analysts expect Hermes International to post earnings of $2.39 per share and revenue of $9.2817 billion for the quarter.

Hermes International Stock Up 5.2%

Hermes International stock traded up $9.65 during midday trading on Tuesday, reaching $195.59. The company’s stock had a trading volume of 52,094 shares, compared to its average volume of 90,703. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. The stock’s 50-day simple moving average is $188.72 and its 200-day simple moving average is $209.05. Hermes International has a 52-week low of $178.23 and a 52-week high of $288.15.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Zacks Research downgraded shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Hermes International currently has an average rating of “Moderate Buy”.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.