Hess Corporation (NYSE:HES) went down by -0.21% from its latest closing price when compared to the 1-year high value of $74.11 and move down -20.31%, while HES stocks collected +0.62% of gains with the last five trading sessions. Press Release reported on 12/04/19 that Hess Announces Regular Quarterly Dividend On Common Stock
Hess Corporation (NYSE:HES) Worth an Investment?
Hess Corporation (NYSE: HES) The 36 Months beta value for HES stocks is at 2.02, while of the analysts out of 0 who provided ratings for Hess Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $71.75 which is $10.38 above current price. HES currently has a short float of 4.88% and public float of 270.11M with average trading volume of 2.66M shares.
HES Market Performance
HES stocks went up by 0.62% for the week, with the monthly drop of -15.38% and a quarterly performance of -2.96%, while its annual performance rate touched 18.51%. The simple moving average for the period of the last 20 days is -4.53% for HES stocks with the simple moving average of -1.50% for the last 200 days.
Analysts’ Opinion on Hess Corporation (NYSE:HES)
Many brokerage firms have already submitted their reports for HES stocks, with JP Morgan repeating the rating for HES shares by setting it to “Neutral”. The predicted price for HES socks in the upcoming period according to JP Morgan is $86 based on the research report published on December 10, 2019.
Cowen, on the other hand, stated in their research note that they expect to see HES stock at the price of $86. The rating they have provided for HES stocks is “Market Perform” according to the report published on December 5, 2019.
Scotia Howard Weil gave “Sector Underperform” rating to HES stocks, setting the target price at $86 in the report published on November 13, 2019.
HES Stocks -5.97% Far from 50 Day Moving Average
After a stumble in the market that brought HES to its low price for the period of the last 52 weeks, Hess Corporation was unable to take a rebound, for now settling with -16.88% of loss for the given period.
The stock volatility was left at 2.48%, however, within the period of a single month, the volatility rate increased by 1.74%, while the shares sank at the distance of -14.22% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +1.62% upper at the present time.
In the course of the last 5 trading sessions, HES went up by +0.62%, which changed the moving average for the period of 200 days to the total of +5.95% of gains for the stock in comparison to the 20-day moving average settled at $64.01. In addition, Hess Corporation saw 52.10% in overturn over the period of a single year with a tendency to cut further gains.
HES Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Hess Corporation (HES), starting from Lynch Richard D., who sold 36,329 shares at the price of $73.75 back on Nov 12. After this action, Rushing now owns 15,246 shares of Hess Corporation, valued at $2,679,288 with the latest closing price.
Turner Michael R, the Senior Vice President of Hess Corporation, sold 32,746 shares at the value of $69.00 during a trade that took place back on Sep 16, which means that Turner Michael R is holding 54,904 shares at the value of $2,259,474 based on the most recent closing price.
HES Stock Fundamentals
The current profitability levels are settled at +6.86 for the present operating margin and +13.94 for gross margin. The net margin for Hess Corporation stands at -4.59. Total capital return value is set at 2.28, while invested capital returns managed to touch -1.67. Equity return holds the value -2.20%, with -1.00% for asset returns.
Based on Hess Corporation (HES), the company’s capital structure generated 69.29 points for debt to equity in total, while total debt to capital is set at the value of 40.93. Total debt to assets is settled at the value of 31.13 with long-term debt to equity ratio rests at 1.01 and long-term debt to capital is 68.60.
EBITDA value lies at 8.91 B with total debt to EBITDA carrying the value of 2.70. The value for Enterprise to Sales is 3.71 with debt to enterprise value settled at 0.39. The receivables turnover for Hess Corporation is 6.06 with the total asset turnover at the value of 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.