A share price of Hess Corporation [HES] is currently trading at $146.88, up 0.85%. 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 3.44% over the last week, with a monthly amount glided 5.35%, 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 experienced fluctuations in its stock price throughout the past year between $123.79 and $163.98. Currently, Wall Street analysts expect the stock to reach $143.19 within the next 12 months. Hess Corporation [NYSE: HES] shares were valued at $146.88 at the most recent close of the market. An investor can expect a potential drop of -2.51% based on the average HES price forecast.
Analyzing the HES fundamentals
Trailing Twelve Months sales for Hess Corporation [NYSE:HES] were 12.77B which represents 11.89% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.32%, 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 0.26 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.
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 145.55 points at the first support level, and at 144.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.93, and for the 2nd resistance point, it is at 148.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hess Corporation [NYSE:HES] is 1.26. Also, the Quick Ratio is 1.13, while the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 3.56, the price to book ratio is 4.18 and price to earnings (TTM) ratio is 17.14.
Transactions by insiders
Recent insider trading involved Schoonman Geurt G, Senior Vice President, that happened on Nov 07 ’24 when 6000.0 shares were sold. Chief Executive Officer, HESS JOHN B completed a deal on Nov 06 ’24 to sell 0.3 million shares. Meanwhile, Chief Executive Officer HESS JOHN B sold 0.15 million shares on Nov 07 ’24.
