Hess Corporation [HES] stock is trading at $140.34, down -0.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HES shares have gain 5.04% over the last week, with a monthly amount glided 8.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hess Corporation [NYSE: HES] stock has seen the most recent analyst activity on September 30, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $150 for it. On November 07, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $171 on the stock. Bernstein downgraded its rating to a Mkt Perform and decreased its price target to $166 on November 02, 2023. UBS initiated its recommendation with a Buy and recommended $184 as its price target on April 19, 2023. Goldman downgraded its rating to Neutral for this stock on January 27, 2023, and upped its price target to $170. In a note dated January 12, 2023, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $181.
Hess Corporation [HES] stock has fluctuated between $123.79 and $167.75 over the past year. Currently, Wall Street analysts expect the stock to reach $141.36 within the next 12 months. Hess Corporation [NYSE: HES] shares were valued at $140.34 at the most recent close of the market. An investor can expect a potential return of 0.73% based on the average HES price forecast.
Analyzing the HES fundamentals
Hess Corporation [NYSE:HES] reported sales of 12.43B for the trailing twelve months, which represents a growth of 36.78%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.28 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 138.97 points at the first support level, and at 137.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 142.33, and for the 2nd resistance point, it is at 144.31.
Ratios To Look Out For
For context, Hess Corporation’s Current Ratio is 1.27. Also, the Quick Ratio is 1.14, while the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 3.48, the price to book ratio is 4.12 and price to earnings (TTM) ratio is 16.33.
Transactions by insiders
Recent insider trading involved Schoonman Geurt G, Senior Vice President, that happened on Mar 20 ’24 when 13921.0 shares were sold. Senior Vice President, Slentz Andrew P completed a deal on Mar 19 ’24 to sell 20254.0 shares. Meanwhile, EVP, Gen Counsel & Secretary Goodell Timothy B. sold 2701.0 shares on Mar 07 ’24.
