Hess Midstream LP (NYSE: HESM): To Buy Or Not To Buy, That Is The Question

Hess Midstream LP (HESM) concluded trading on Thursday at a closing price of $37.28, with 6.19 million shares of worth about $230.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.36% during that period and on May 29, 2025 the price saw a loss of about -2.38%. Currently the company’s common shares owned by public are about 116.78M shares, out of which, 115.15M shares are available for trading.

Stock saw a price change of -2.13% in past 5 days and over the past one month there was a price change of -3.19%. Year-to-date (YTD), HESM shares are showing a performance of 0.68% which increased to 5.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.59 but also hit the highest price of $44.05 during that period. The average intraday trading volume for Hess Midstream LP shares is 1.10 million. The stock is currently trading -1.70% below its 20-day simple moving average (SMA20), while that difference is down -3.88% for SMA50 and it goes to -1.49% lower than SMA200.

Hess Midstream LP (NYSE: HESM) currently have 116.78M outstanding shares and institutions hold larger chunk of about 93.10% of that.

The stock has a current market capitalization of $8.03B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 14.66, while it has posted earnings per share of $2.54 in the same period. Its PEG reads 1.15 and has Quick Ratio of 0.81 while making debt-to-equity ratio of 5.94. 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 1.51% while standing at 1.50% over the month.

Analysts are in expectations that Hess Midstream LP (HESM) stock would likely to be making an EPS of 0.75 in the current quarter, while forecast for next quarter EPS is 0.83 and it is 3.69 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.69 which is 0.82 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.59 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 14.64% while it is estimated to increase by 14.18% in next year. EPS is likely to grow at an annualized rate of 12.78% for next 5-years, compared to annual growth of -7.52% 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.

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