Hess Midstream LP (HESM) saw an uptrend of 1.08% in the recent trading with $1220000.0 being its most recent. The current price level -12.89% lower than the highest price of $44.05 marked by the stock while trading over the past 52-weeks, whereas it is 14.23% higher than the lowest price of $33.59 the company dropped to over past 52-weeks. The latest news story on HESM appeared in (Benzinga) under the title “Why Hess Midstream, CMS Energy, And Comcast Are Winners For Passive Income” on Jun-12-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.
Hess Midstream LP Earnings – What Happened With HESM
Coming around sales and income figures on HESM Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Hess Midstream LP – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 116.78 million. HESM does have institutional investors; and they hold 93.30% of the stock.
As on 2024-06-30, ALPS ADVISORS INC was the top most holder in Hess Midstream LP (NYSE:HESM) with an ownership of 16.05 million shares of the company or 19.1558 of the stake worth $584.96 million. The filing also reveals TORTOISE CAPITAL ADVISORS, L.L.C. as the second largest holder in the company with a control over 8.8643 of the outstanding shares. Its stake is worth $270.69 million for having 7.43 million shares in hand.
GOLDMAN SACHS GROUP INC also came holding a key position in the company during the recent quarter and it now holds 6.5318 of the outstanding shares. With this there are now 341.0 institutions which have possession in HESM’s shares.
Key Metrics forHESM
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Hess Midstream LP has a debt to equity ratio of 5.94.
Technical Analysis of Hess Midstream LP (NYSE:HESM) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Hess Midstream LP (HESM), we notice that the stock’s 20-day average volume is at 1,481,290 shares. And to end with, HESM’s 100-day average volume are 1,303,304 shares.
