Hess Corporation (HES) is expecting 23.99% growth in the next quarter: What can investors do to maximize their returns?

Hess Corporation (NYSE: HES) kicked off on Tuesday, up 0.60% from the previous trading day, before settling in for the closing price of $157.35. Over the past 52 weeks, HES has traded in a range of $123.79-$163.98.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 23.09%. While this was happening, its average annual earnings per share was recorded -18.06%. With a float of $285.88 million, this company’s outstanding shares have now reached $308.29 million.

Considering the fact that the conglomerate employs 1797 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 63.02%, operating margin of 42.68%, and the pretax margin is 33.9%.

Hess Corporation (HES) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Hess Corporation is 7.27%, while institutional ownership is 81.14%. The most recent insider transaction that took place on Mar 20 ’25, was worth 9,063,880. In this transaction COO and President, E&P of this company sold 57,858 shares at a rate of $156.66, taking the stock ownership to the 142,594 shares. Before that another transaction happened on Mar 20 ’25, when Company’s Officer proposed sale 57,858 for $156.38, making the entire transaction worth $9,047,834.

Hess Corporation (HES) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.68 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -18.06% per share during the next fiscal year.

Hess Corporation (NYSE: HES) Trading Performance Indicators

Take a look at Hess Corporation’s (HES) current performance indicators. Last quarter, stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78. Likewise, its price to free cash flow for the trailing twelve months is 74.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.98, a number that is poised to hit 1.80 in the next quarter and is forecasted to reach 10.77 in one year’s time.

Technical Analysis of Hess Corporation (HES)

Compared to the last year’s volume of 2.01 million, its volume of 2.28 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 91.42%. Additionally, its Average True Range was 3.32.

During the past 100 days, Hess Corporation’s (HES) raw stochastic average was set at 94.56%, which indicates a significant increase from 91.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.47% in the past 14 days, which was lower than the 22.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $147.11, while its 200-day Moving Average is $141.86. Nevertheless, the first resistance level for the watch stands at $159.68 in the near term. At $161.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $162.05. If the price goes on to break the first support level at $157.31, it is likely to go to the next support level at $156.32. Should the price break the second support level, the third support level stands at $154.94.

Hess Corporation (NYSE: HES) Key Stats

The company with the Market Capitalisation of 48.80 billion has total of 308,292K Shares Outstanding. Its annual sales at the moment are 13,018 M in contrast with the sum of 2,769 M annual income. Company’s last quarter sales were recorded 3,225 M and last quarter income was 542,000 K.