Hess Corporation (NYSE:HES) currently has a daily average trading volume of 1.98M but it saw 1946320 shares traded in last market. With a market cap of 40.54B USD, the company’s current market price of $131.07 came falling about -1.14 while comparing to the previous closing price of $132.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $161.69 and as low as $123.79.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Overweight” in its note to investors issued on December 09, 2024, recommending a price target of between $151 and $193 for it. Wolfe Research upgraded its recommendation for the stock as a “Outperform” from “Peer Perform” on September 30, 2024 while assigning a price target of $150.
Over the week, HES’s stock price is moving -0.74% down while it is -2.07% when we observe its performance for the past one month. Year-to-date it is -1.46% down and over the past year, the stock is showing a downside performance of -12.78%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 1.14 while estimate for next year EPS is 5.62. In next quarter, company is expected to be making quarterly sales of $2.75B as analysts are expecting the sales for current fiscal year at $11.36B and seeing the company making $13.22B in sales next year. Moreover, analysts are in estimates of $2.69B for current-quarter revenue.
Currently, Hess Corporation’s total number of outstanding shares is 309.27M with 8.81% of that held by the insiders while 78.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.79% and return on equity (ROE) at 20.82%. It has a price to earnings ratio (P/E ratio) of 18.15 while having a 15.62 of forward P/E ratio. Stock’s beta reads 0.63. Stock has a price to book (P/B) ratio of 3.52 while price to sale or P/S ratio amounts to 3.24. Its return on asset (ROA) is 8.59% on average.
