Yes it's possible, what you do with it is up to you. A hermie will still grow bud, however - it is capable of pollinating itself, and any other female it is around.
IMO, if it hermed because of a shit load of stress, let it run its course and collect the seeds (fem seeds) and try again. BUT if it hermed because of bad genetics, KILL IT NOW. This is assuming that you dont have any 'good' females around. if you do, kill it or move it VERY far away from the other plants. and wash your hands if you get pollen on them.