Hess (NYSE:HES – Get Free Report) had its value goal diminished by funding analysts at UBS Group from $192.00 to $173.00 in a analysis report issued on Wednesday, Benzinga experiences. The agency presently has a “purchase” score on the oil and gasoline producer’s inventory. UBS Group’s value goal factors to a possible upside of 29.59% from the corporate’s earlier shut.
Quite a few different brokerages additionally lately weighed in on HES. Piper Sandler decreased their value goal on shares of Hess from $173.00 to $167.00 in a analysis report on Friday, September thirteenth. Citigroup decreased their value goal on shares of Hess from $160.00 to $145.00 and set a “impartial” score for the corporate in a analysis report on Thursday, September fifth. Mizuho decreased their value goal on shares of Hess from $210.00 to $194.00 and set a “impartial” score for the corporate in a analysis report on Monday. Sanford C. Bernstein upgraded shares of Hess from a “market carry out” score to an “outperform” score and upped their value goal for the inventory from $166.00 to $172.00 in a analysis report on Wednesday, July seventeenth. Lastly, StockNews.com initiated protection on shares of Hess in a analysis report on Friday, June twenty eighth. They issued a “maintain” score for the corporate. Eight equities analysis analysts have rated the inventory with a maintain score and 6 have issued a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, the inventory has a consensus score of “Maintain” and a consensus goal value of $171.31.
Learn Our Newest Evaluation on Hess
Hess Buying and selling Up 1.6 %
NYSE HES opened at $133.50 on Wednesday. The corporate has a market capitalization of $41.13 billion, a PE ratio of 20.44 and a beta of 1.15. The corporate has a fifty day transferring common of $138.44 and a 200 day transferring common of $147.08. Hess has a 1 yr low of $123.79 and a 1 yr excessive of $167.75. The corporate has a debt-to-equity ratio of 0.78, a present ratio of 1.27 and a fast ratio of 1.14.
Hess (NYSE:HES – Get Free Report) final posted its earnings outcomes on Wednesday, July thirty first. The oil and gasoline producer reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.14. The corporate had income of $3.26 billion in the course of the quarter, in comparison with the consensus estimate of $3.24 billion. Hess had a internet margin of 21.22% and a return on fairness of 27.43%. The agency’s quarterly income was up 40.3% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the agency posted $0.65 earnings per share. Analysis analysts forecast that Hess will submit 11.04 earnings per share for the present yr.
Institutional Buying and selling of Hess
A number of giant buyers have lately purchased and bought shares of the enterprise. New Covenant Belief Firm N.A. bought a brand new stake in shares of Hess within the 1st quarter valued at roughly $25,000. Rise Advisors LLC bought a brand new stake in shares of Hess within the 1st quarter valued at roughly $27,000. Cape Funding Advisory Inc. bought a brand new stake in shares of Hess within the 4th quarter valued at roughly $32,000. Riverview Belief Co bought a brand new place in shares of Hess in the course of the 1st quarter value roughly $36,000. Lastly, EverSource Wealth Advisors LLC boosted its place in shares of Hess by 47.6% in the course of the 1st quarter. EverSource Wealth Advisors LLC now owns 273 shares of the oil and gasoline producer’s inventory value $43,000 after buying a further 88 shares in the course of the interval. Hedge funds and different institutional buyers personal 88.51% of the corporate’s inventory.
Hess Firm Profile
Hess Company, an exploration and manufacturing firm, explores, develops, produces, purchases, transports, and sells crude oil, pure gasoline liquids (NGLs), and pure gasoline. The corporate operates in two segments, Exploration and Manufacturing, and Midstream. It conducts manufacturing operations primarily in the US, Guyana, the Malaysia/Thailand Joint Growth Space, and Malaysia; and exploration actions principally offshore Guyana, the U.S.
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