Brokers Issue New Targets On Hess Corporation (NYSE:HES)

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However previously on 4/28/16 it was downgraded by UBS from Buy to Neutral. (NYSE:HES) to Outperform in a statement released on 04/10/2017.

Most recently Hess Corp. Equities research analysts predict that Hess Corp. will post ($3.04) earnings per share for the current fiscal year.

Hess Corporation (HES) now has a Return on Assets (ROA) value of -18.7 Percent.

Hess Corp. had a negative net margin of 126.59% and a negative return on equity of 7.51%. (NYSE:HES) last posted its earnings results on Wednesday, January 25th.

FY 2017 EPS estimate stands at a loss of $3.75, FY 2018 EPS estimate calls for a loss $1.46 and FY 2019 EPS calls for a loss of $0.76. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.23 billion. EPS growth in past five years was -44.70%. Hess Corp. The business's revenue for the quarter was down.1% compared to the same quarter a year ago.

A number of equities research analysts recently weighed in on the stock.

The volume of the particular stock is the shares bought and sold in a single trading day.

10/31/2016 - Hess Corporation had its "buy" rating reiterated by analysts at Goldman Sachs.

Hess Corporation has a consensus outperform rating from 25 Wall Street analysts, and the number of shares now sold short amount to at least 10.42% of shares outstanding. Finally, Scotiabank reissued a "buy" rating and set a $65.00 target price on shares of Hess Corp.in a research report on Tuesday, March 14th.

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Hess Corporation had its "buy" rating reiterated by analysts at KLR Group. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock.

WARNING: This article was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another website, it was illegally copied and republished in violation of global copyright & trademark laws. Two analysts have issued estimates for Hess Corp.'s earnings, with the lowest EPS estimate coming in at ($1.27) and the highest estimate coming in at ($0.40). Over the 52-week time span, the stock notched a high price of $65.56 and its minimum price was $45.12. (NYSE:HES) traded down 1.06% during midday trading on Friday, hitting $50.57. The original version of this article can be read at https://baseballnewssource.com/markets/hess-corp-target-of-unusually-high-options-trading-hes/591963.html.

COPYRIGHT VIOLATION NOTICE: "Hess Corp". The company has market cap of $15.74 billion. The company's 50 day moving average is $49.11 and its 200-day moving average is $53.41. Stock traders acquired 500 call options on the stock.

On 3/2/2016 Hess Corp. announced a quarterly dividend of $0.25 2.08% with an ex dividend date of 3/15/2016 which will be payable on 3/31/2016. Hess Corp.'s dividend payout ratio (DPR) is presently -5.06%. Also, CEO John B. Hess sold 43,711 shares of the company's stock in a transaction that occurred on Friday, February 3rd.

On 3/7/2017 Michael R Turner, Insider, sold 1,192 with an average share price of $51.03 per share and the total transaction amounting to $60,827.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

In related news, SVP Timothy B. Goodell sold 2,904 shares of Hess Corp. stock in a transaction that occurred on Tuesday, March 7th. The shares were sold at an average price of $53.59, for a total value of $273,952.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,123 shares of company stock worth $4,463,844. The volatility in the previous week has experienced by 2.57% and observed of 2.77% in the previous month.87.50% ownership is held by institutional investors while insiders hold ownership of 0.80%.

Hedge funds have recently modified their holdings of the stock. MSI Financial Services Inc raised its position in shares of Hess Corp.by 110.1% in the third quarter. Municipal Employees Retirement System of MI now owns 8,350 shares of the company's stock valued at $448,000 after buying an additional 30 shares during the period. Shell Asset Management Co. increased its stake in shares of Hess Corp.by 0.5% in the third quarter. The Panagora Asset Management Inc holds 1.37 million shares with $169.31M value, up from 1.35 million last quarter. Henderson Group PLC now owns 174,932 shares of the company's stock worth $9,379,000 after buying an additional 56,765 shares in the last quarter. Finally, Wesbanco Bank Inc. bought a new stake in shares of Hess Corp. during the fourth quarter valued at approximately $216,000. They now have a Dollars 63 price target on the stock.

Hess Corporation (HES) has made its way to a 12-month decline of -6.97%. The Firm is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids and natural gas.

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