|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||578.30 - 602.90|
|52-week range||535.00 - 758.50|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||24.29|
|Earnings date||25 Jul 2022 - 29 Jul 2022|
|Forward dividend & yield||10.00 (1.84%)|
|Ex-dividend date||26 Apr 2022|
|1y target est||791.73|
Hermès International's (OTC: HESAY) stock shed about 40% of its market value this year as inflation, rising interest rates, and other macro headwinds drove investors from growth stocks toward value stocks.
LVMH chairman and CEO Bernard Arnault said on Thursday the French luxury goods giant was on a "very good track" regarding its performance for the first six months of the year. "I am optimistic, you will see the numbers," Arnault told reporters during a tech event in Paris, referring to his group which owns labels Louis Vuitton and Dior. Arnault said he was optimistic central banks in the United States and Europe could slow inflation without triggering a recession, noting “the global economy is at a turning point."
The legendary investor Peter Lynch once said, "Everyone says they're a long-term investor until the market has one of its major corrections." That resilient business model makes P&G a great long-term investment.