Hermes International (HESAY) Expected to Announce Earnings on Wednesday

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

Hermes International Price Performance

Shares of OTCMKTS:HESAY opened at $186.46 on Friday. The firm’s 50 day simple moving average is $188.69 and its 200-day simple moving average is $209.78. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11. Hermes International has a one year low of $178.23 and a one year high of $288.15.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Zacks Research cut Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Hermes International currently has an average rating of “Moderate Buy”.

Hermes International Company Profile

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.