Dissecting Hess Corporation (NYSE: HES) top performing stock: Get the Stats

Hess Corporation (NYSE: HES) is 7.10% higher on its value in year-to-date trading and has touched a low of $26.06 and a high of $71.66 in the current 52-week trading range. The HES stock was last observed hovering at around $52.80 in the last trading session, with the day’s gains setting it 3.74% off its average median price target of $57.00 for the next 12 months. It is also 25.61% off the consensus price target high of $76.00 offered by 25 analysts, but current levels are -66.29% lower than the price target low of $34.00 for the same period.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $56.54, the stock is 4.11% and 18.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing 7.08% at the moment leaves the stock 23.56% off its SMA200. HES registered -20.21% loss for a year compared to 6-month gain of 16.91%. The firm has a 50-day simple moving average (SMA 50) of $52.18 and a 200-day simple moving average (SMA200) of $46.77.

The stock witnessed a 10.86% loss in the last 1 month and extending the period to 3 months gives it a 43.65%, and is 7.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.83% over the week and 4.18% over the month.

Hess Corporation (HES) has around 1775 employees, a market worth around $17.68B and $5.03B in sales. Profit margin for the company is -64.00%. Distance from 52-week low is 116.96% and -21.10% from its 52-week high. The company has generated returns on investments over the last 12 months (0.80%).

Hess Corporation (HES) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Hess Corporation (HES) is a “Overweight”. 25 analysts offering their recommendations for the stock have an average rating of 2.20, where 9 rate it as a Hold and 2 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Hess Corporation is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at -$0.32 with sales reaching $1.25B over the same period.The EPS is expected to shrink by -24.40% this year, but quarterly earnings will post -28.00% year-over-year. Quarterly sales are estimated to shrink -26.30% in year-over-year returns.

Hess Corporation (HES) Top Institutional Holders

709 institutions hold shares in Hess Corporation (HES), with 33.18M shares held by insiders accounting for 10.88% while institutional investors hold 96.15% of the company’s shares. The shares outstanding are 305.00M, and float is at 273.67M with Short Float at 2.98%. Institutions hold 85.69% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 30.78 million shares valued at $1.26 billion. The investor’s holdings represent 10.02% of the HES Shares outstanding. As of Sep 29, 2020, the second largest holder is FMR, LLC with 29.47 million shares valued at $1.21 billion to account for 9.60% of the shares outstanding. The other top investors are Blackrock Inc. which holds 20.79 million shares representing 6.77% and valued at over $850.73 million, while Dodge & Cox Inc holds 5.96% of the shares totaling 18.31 million with a market value of $749.46 million.

Hess Corporation (HES) Insider Activity

The most recent transaction is an insider sale by Hill Gregory P., the company’s COO and President, E&P. SEC filings show that Hill Gregory P. sold 9,945 shares of the company’s common stock on Nov 09 at a price of $42.57 per share for a total of $0.42 million. Following the sale, the insider now owns 98868.0 shares.

Hess Corporation disclosed in a document filed with the SEC on Aug 12 that Schoonman Geurt G (Senior Vice President) sold a total of 4,686 shares of the company’s common stock. The trade occurred on Aug 12 and was made at $54.08 per share for $0.25 million. Following the transaction, the insider now directly holds 37906.0 shares of the HES stock.

Still, SEC filings show that on Aug 04, Schoonman Geurt G (Senior Vice President) disposed off 12 shares at an average price of $50.31 for $604.0. The insider now directly holds 42,592 shares of Hess Corporation (HES).

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Hess Corporation (HES): Who are the competitors?

The company’s main competitors (and peers) include TOTAL SE (TOT) that is trading -23.06% down over the past 12 months. Exxon Mobil Corporation (XOM) is -38.62% down on the 1-year trading charts. Short interest in the company’s stock has fallen -1.23% from the last report on Nov 12, 2020 to stand at a total of 8.26 million short shares sold with a short interest ratio of 3.34.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free