Hess (HES) stock forecast for 2024. Forecast tables and graphs.

Hess (HES) stock forecast for 2024

Last update: October 3, 2022 (08:38)

Sector: Energy

The share price of Hess Corporation (HES) now

What analysts predict:: $139.67

52-week high/low: $130.64 / $67.65

50/200 Day Moving Average: $113.95 / $104.22

This figure corresponds to the average price over the previous 50/200 days. For Hess stocks, the 50-day moving average is the support level today.

For Hess stocks, the 200-day moving average is the support level today.

Are you interested in Hess stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Hess stock price in 2024. How much will one Hess share be worth in 2024?

Is it worth taking profit / loss on Hess stock now or waiting? What are analysts' forecasts for Hess stock?

We forecast Hess stock performance using neural networks based on historical data on Hess stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Hess stock prediction results are shown below and presented as a graph, table and text information.

Hess stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Hess analysts is $139.67.

Today 200 Day Moving Average is the support level (104.22 $).

50 Day Moving Average is the support level (113.95 $).





Historical and forecast chart of Hess stock

The chart below shows the historical price of Hess stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Hess stock price can be found in the table below.

Hess (HES) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 121.72 110.19 126.54 12.93 %
Feb 132.39 127.30 140.65 9.49 %
Mar 134.45 121.87 144.13 15.45 %
Apr 133.97 122.72 138.31 11.27 %
May 135.90 122.85 140.30 12.44 %
Jun 138.02 130.23 146.46 11.08 %
Jul 140.67 127.50 144.38 11.69 %
Aug 142.86 137.03 153.49 10.72 %
Sep 126.75 120.66 130.40 7.46 %
Oct 132.22 126.35 139.36 9.34 %
Nov 142.06 137.97 150.58 8.38 %
Dec 143.08 130.03 152.87 14.94 %

Hess information and performance

Hess Corporation, an exploration and production company, is engaged in the exploration, development, production, purchase, transportation and sale of crude oil, liquefied natural gas (NGL) and natural gas. The company operates in two segments: Exploration and Production and Marketing and Refining. The company has manufacturing operations primarily in the USA, Denmark, Malaysia and Thailand, as well as in Malaysia; and exploration activities mainly offshore Guyana, Suriname, Canada and the Gulf of Mexico.

Hess Address

1185 AVENUE OF THE AMERICAS, NEW YORK, NY, US

Market Capitalization: 33 744 930 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 4 757 000 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 53.55

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.262

Price/earnings to growth

DPS: 1.25

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0115

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 4.715

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.634

Quarterly Revenue Growth YOY: 0.881

Trailing PE: 23.09

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.55

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.396

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.76

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 309615000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Hess price target for 2021 by month


Target values for the price of one Hess share for Jan 2024.

The weighted average target price per Hess share in Jan 2024 is: 121.72. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 12.928% volatility is expected.

Pessimistic target level: 110.19

Optimistic target level: 126.54


Target values for the price of one Hess share for Feb 2024.

The weighted average target price per Hess share in Feb 2024 is: 132.39. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.488% volatility is expected.

Pessimistic target level: 127.30

Optimistic target level: 140.65


Target values for the price of one Hess share for Mar 2024.

The weighted average target price per Hess share in Mar 2024 is: 134.45. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 15.448% volatility is expected.

Pessimistic target level: 121.87

Optimistic target level: 144.13


Target values for the price of one Hess share for Apr 2024.

The weighted average target price per Hess share in Apr 2024 is: 133.97. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 11.275% volatility is expected.

Pessimistic target level: 122.72

Optimistic target level: 138.31


Target values for the price of one Hess share for May 2024.

The weighted average target price per Hess share in May 2024 is: 135.90. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.437% volatility is expected.

Pessimistic target level: 122.85

Optimistic target level: 140.30


Target values for the price of one Hess share for Jun 2024.

The weighted average target price per Hess share in Jun 2024 is: 138.02. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.082% volatility is expected.

Pessimistic target level: 130.23

Optimistic target level: 146.46


Target values for the price of one Hess share for Jul 2024.

The weighted average target price per Hess share in Jul 2024 is: 140.67. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.691% volatility is expected.

Pessimistic target level: 127.50

Optimistic target level: 144.38


Target values for the price of one Hess share for Aug 2024.

The weighted average target price per Hess share in Aug 2024 is: 142.86. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.722% volatility is expected.

Pessimistic target level: 137.03

Optimistic target level: 153.49


Target values for the price of one Hess share for Sep 2024.

The weighted average target price per Hess share in Sep 2024 is: 126.75. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 7.465% volatility is expected.

Pessimistic target level: 120.66

Optimistic target level: 130.40


Target values for the price of one Hess share for Oct 2024.

The weighted average target price per Hess share in Oct 2024 is: 132.22. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.335% volatility is expected.

Pessimistic target level: 126.35

Optimistic target level: 139.36


Target values for the price of one Hess share for Nov 2024.

The weighted average target price per Hess share in Nov 2024 is: 142.06. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.377% volatility is expected.

Pessimistic target level: 137.97

Optimistic target level: 150.58


Target values for the price of one Hess share for Dec 2024.

The weighted average target price per Hess share in Dec 2024 is: 143.08. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.938% volatility is expected.

Pessimistic target level: 130.03

Optimistic target level: 152.87




Hess (HES) stock dividend

Hess last paid dividends on 09/16/2022. The next scheduled payment will be on 09/30/2022. The amount of dividends is $1.25 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.