Previous Close | 2,132.00 |
Open | 2,127.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 2,079.00 - 2,140.00 |
52 Week Range | 1,641.00 - 2,436.00 |
Volume | |
Avg. Volume | 63,872 |
Market Cap | 222.567B |
Beta (5Y Monthly) | 0.71 |
PE Ratio (TTM) | 50.04 |
EPS (TTM) | 42.43 |
Earnings Date | Jul 25, 2024 |
Forward Dividend & Yield | 15.00 (0.70%) |
Ex-Dividend Date | May 02, 2024 |
1y Target Est | 2,391.30 |
RELEASE Paris, October 9, 2024 INFORMATION RELATING TO THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES COMPRISING THE SHARE CAPITAL In accordance with the provisions of Article L. 233-8 of the French Commercial Code (Code de commerce) and Article 223-16 of the General Regulations of French Autorité des Marchés Financiers (AMF), Hermès international publishes each month, before the 15th day of the following month, the total number of voting rights and the number of shares comprising the share capita
The People's Bank of China has announced a new stimulus package designed to reinvigorate the nation's economy. This news has sparked a widespread rally in Chinese stocks, lifting European luxury brands as well. Companies like LVMH Moët (MC.PA) and Hermès (RMS.PA) are seeing gains, as investors anticipate increased demand for luxury goods in China due to the stimulus measures. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
It's an age-old question among investors: which is better, growth investing or value investing? After the Federal Reserve's interest rate cut this week kicked off a highly-anticipated easing cycle, Catalysts hosts Seana Smith and Madison Mills spoke with a panel of experts about how the two investment strategies could play out in the months to come. Vontobel portfolio manager Markus Hansen and Greenwich Wealth's CIO Vahan Janjigian join Catalysts to lay out their investment thesis. Vahan favors value over growth — but says he's not a strict value investor. "What I really favor is stocks that are undervalued," he says, "and in many cases, that can be growth stocks." In terms of investments, Vahan notes he's leaning toward traditional value stocks, like IBM (IBM), Verizon (VZ), and Pfizer (PFE). And in the wake of the Fed's latest rate cut, Vahan sees small caps (IWM) as benefitting from changes to the yield curve. "I think as things normalize, we'll get back to what's considered normal. And that means value stocks outperform growth stocks and small cap stocks outperform large cap stocks." Markus and his team at Vontobel are quality growth focused. He says post-rate cut, he expects dividends will get a lot of love from investors. That's why he's favoring "good old fashioned names" like Coca-Cola (KO), Walmart (WMT), Home Depot (HD), and PepsiCo (PEP) for their sustained dividend growth. Luxury is also a sector he finds compelling for its wide economic moat. "It requires time to build that heritage, and to be the top brand," he says, and that longevity makes companies like Hermes (RMS.PA), Ferrari (RACE), and Richemont (CFR.SW) compelling. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Kathleen Welch