Ratio Examination: Hess Corporation (HES)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Hess Corporation (NYSE: HES) closed at $156.72 down -1.11% from its previous closing price of $158.48. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 2.42 million shares were traded. HES stock price reached its highest trading level at $158.1 during the session, while it also had its lowest trading level at $154.8475.

Ratios:

For a deeper understanding of Hess Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.91.

On November 02, 2023, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $189 to $166.

On April 19, 2023, UBS started tracking the stock assigning a Buy rating and target price of $184.UBS initiated its Buy rating on April 19, 2023, with a $184 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 20 ’24 when Schoonman Geurt G sold 13,921 shares for $151.08 per share. The transaction valued at 2,103,130 led to the insider holds 33,581 shares of the business.

Slentz Andrew P sold 20,254 shares of HES for $3,060,074 on Mar 19 ’24. The Senior Vice President now owns 43,788 shares after completing the transaction at $151.08 per share. On Mar 07 ’24, another insider, Hill Gregory P., who serves as the COO and President, E&P of the company, sold 4,708 shares for $144.52 each. As a result, the insider received 680,400 and left with 125,670 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HES now has a Market Capitalization of 48287313920 and an Enterprise Value of 56995282944. As of this moment, Hess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.03, and their Forward P/E ratio for the next fiscal year is 13.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 4.89. Its current Enterprise Value per Revenue stands at 5.096 whereas that against EBITDA is 9.589.

Stock Price History:

The Beta on a monthly basis for HES is 1.21, which has changed by 0.1773721 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, HES has reached a high of $167.75, while it has fallen to a 52-week low of $124.27. The 50-Day Moving Average of the stock is 1.74%, while the 200-Day Moving Average is calculated to be 4.66%.

Shares Statistics:

For the past three months, HES has traded an average of 2.63M shares per day and 2947300 over the past ten days. A total of 307.16M shares are outstanding, with a floating share count of 278.70M. Insiders hold about 9.54% of the company’s shares, while institutions hold 73.22% stake in the company. Shares short for HES as of 1714435200 were 5117167 with a Short Ratio of 1.95, compared to 1711584000 on 5802123. Therefore, it implies a Short% of Shares Outstanding of 5117167 and a Short% of Float of 2.08.

Dividends & Splits

According to the company, the forward annual dividend rate for HES is 1.75, from 1.75 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011042403The stock’s 5-year Average Dividend Yield is 1.44. The current Payout Ratio is 38.95% for HES, which recently paid a dividend on 2024-03-15 with an ex-dividend date of 1710460800. Stock splits for the company last occurred on 2006-06-01 when the company split stock in a 3:1 ratio.

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