In recent trading session, Hess Corporation (NYSE:HES) saw 1.52 million shares changing hands at last check today with its beta currently measuring 1.23. Company’s recent per share price level of $158.91 trading at $2.14 or 1.37% at last check today assigns it a market valuation of $48.96B. That closing price of HES’s stock is at a discount of -5.56% from its 52-week high price of $167.75 and is indicating a premium of 21.8% from its 52-week low price of $124.27. Taking a look at company’s average trading volume volume of 2.59 million if we extend that period to 3-months.
Hess Corporation (NYSE:HES) trade information
Upright in the green today for gaining 1.37%, in the last five days HES remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $158.91 price level, adding 3.09% to its value on the day. Hess Corporation’s shares saw a change of 10.23% in year-to-date performance and have moved -1.57% in past 5-day. Hess Corporation (NYSE:HES) showed a performance of 1.75% in past 30-days.
Hess Corporation (HES) estimates and forecasts
Statistics highlight that Hess Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 10.05% of value to its shares in past 6 months, showing an annual growth rate of 81.58% while that of industry is 4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 12.50% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3B for the same. And 8 analysts are in estimates of company making revenue of 3.04B in the next quarter. Company posted 2.32B and 2.34B of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 82.63% while estimates for its earnings growth in next 5 years are of 7.95%.
HES Dividends
Hess Corporation is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
