Hess Midstream LP (HESM) concluded trading on Thursday at a closing price of $41.91, with 3.55 million shares of worth about $148.59 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.11% during that period and on January 30, 2025 the price saw a gain of about 0.50%. Currently the company’s common shares owned by public are about 104.07M shares, out of which, 102.46M shares are available for trading.
Stock saw a price change of 2.62% in past 5 days and over the past one month there was a price change of 14.70%. Year-to-date (YTD), HESM shares are showing a performance of 13.18% which increased to 23.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.15 but also hit the highest price of $42.15 during that period. The average intraday trading volume for Hess Midstream LP shares is 875.52K. The stock is currently trading 5.66% above its 20-day simple moving average (SMA20), while that difference is up 10.87% for SMA50 and it goes to 15.29% higher than SMA200.
Hess Midstream LP (NYSE: HESM) currently have 104.07M outstanding shares and institutions hold larger chunk of about 91.58% of that.
The stock has a current market capitalization of $9.14B and its 3Y-monthly beta is at 1.50. PE ratio of stock for trailing 12 months is 16.83, while it has posted earnings per share of $2.49 in the same period. Its PEG reads 2.28 and has Quick Ratio of 0.70 while making debt-to-equity ratio of 6.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HESM, volatility over the week remained 3.18% while standing at 2.53% over the month.
Stock’s fiscal year EPS is expected to rise by 21.03% while it is estimated to increase by 16.01% in next year. EPS is likely to grow at an annualized rate of 7.38% for next 5-years, compared to annual growth of -7.64% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on March 08, 2024 offering a Neutral rating for the stock and assigned a target price of $37 to it. Coverage by Goldman stated Hess Midstream LP (HESM) stock as a Buy in their note to investors on October 06, 2023, suggesting a price target of $32 for the stock. On May 10, 2023, UBS Initiated their recommendations, while on April 21, 2023, Raymond James Initiated their ratings for the stock with a price target of $35. Stock get a Buy rating from Citigroup on December 09, 2022.
