How to Buy Hess Stock
Hess Corp
Hess is a oil and gas company located in New York, United States, which is part of the Energy sector, and is traded under the ticker HES on the NYSE exchange.
Hess stock last closed at $151.78, up 0.65% from the previous day, and has increased 4.1% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Hess stock is currently +22.14% from its 52-week low of $124.27, and -9.52% from its 52-week high of $167.75.
As of Apr 18, 2024, there are 307.15M shares of HES outstanding. The market value of HES is $46.62B. In the last 24 hours, 1M HES shares were traded.
How to Buy Hess Stock
Not sure how to invest in Hess stock? Here's how.
- Choose where to buy Hess stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Hess stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Hess stock: The Hess ticker symbol is HES. Is Hess stock a good investment? Should you buy shares of HES? How do HES's underlying business fundamentals look? Do top analysts think Hess is a good buy? Why has HES's stock price moved recently? (Hint: Our stock market research tools can help you decide if HES is a good stock to buy).
- Make your HES buy order: Decide if you will purchase HES shares at the current market price or use a limit order to buy HES shares at a given price.
- Get key alerts regarding your HES investment: Create a watchlist to important notifications about your investment in Hess shares.
Step 1: Choose where to buy Hess stock
You will need a brokerage account in order to access the NYSE market and buy HES shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to invest in HES stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the stock trading app, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your brokerage account.
Step 4: Evaluate Hess stock
Once you have figured out the best place to buy Hess stock, it's very important to research their stock before you invest, so you can understand the risk and upside.
Hess stock data
Fundamentals of HES
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HES's stock page.
What is the fair value of HES stock?
You can use many financial metrics, analyses, models, and charts to gauge HES's intrinsic value.
Using relative valuations metrics:
- HES may be overvalued based on its P/E ratio of 33.58x, relative to Oil & Gas E&P industry P/E ratio of 13.12x
- HES could be overvalued based on its P/B ratio of 5.19x, relative to Oil & Gas E&P industry P/B ratio of 2.11x
- HES may be undervalued based on its PEG ratio of 0.39x
You can do more valuation analysis on HES's stock here.
Is HES a healthy company?
Positive Financial Indicators:
- HES has cash burn of 166000000. It has enough cash and short-term investments to cover this for at least one year.
- HES has $1.69B in cash and short term investments. This is sufficient to cover its annual cash burn of $166.00M.
- There are more short-term assets than short-term liabilities on the HES balance sheet.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the HES balance sheet.
- Total HES debt is higher than 5 years ago, relative to shareholder equity.
- HES profit margin has gone down from 18.1% to 13% in the past year.
- HES has a relatively high debt to equity ratio of 1.6.
Is it a good time to buy HES stock, according to analysts?
Out of 7 sell side analysts who give recommendations on HES, the consensus analyst rating on HES is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent HES Analyst Upgrades/Downgrades
Bob Brackett, a top 20% analyst from Bernstein downgrades HES to a hold rating and lowers their HES price target from $189.00 to $166.00, on Nov 2, 2023.
Bernstein's Bob Brackett downgraded their rating on Hess (NYSE: HES) from Buy to Hold on 2023/11/02. The analyst also lowered their price target by 12.2% from $189 to $166.
The company's sale to Chevron was the reason for their downgrade, Brackett explained.
Their price target cut reflects the fact that "the price of Hess stock is now linked to Chevron, the analyst added.
Roger Read, a top 3% analyst from Wells Fargo downgrades HES to a hold rating and raises their HES price target from $170.00 to $171.00, on Oct 24, 2023.
You can dive deeper into what analysts are saying on the Hess stock forecast page.
HES Technical Indicators
HES Earnings
Last year, HES earnings were $1.38B. In the last two year, HES's earnings have grown by 57.59% per year. This was faster than the Oil & Gas E&P industry average of 15.49%.
Last year, HES revenue was $10.65B. Over the past five year, HES's revenue has grown by 10.48% per year. This was slower than the Oil & Gas E&P industry average of 19.65%.
Find out more about HES's earnings and revenue performance here.
Are HES insiders buying or selling the stock?
In the past year, executives and large shareholders at HES have sold more shares than they have bought.
Geurt G. Schoonman, Senior Vice President of HES, was the latest HES insider to buy. They bought $261,439.36 worth of HES stock on Mar 20, 2024.
Dig into more about who owns HES stock here.
Does HES provide a stable income stream?
Hess pays a dividend of 1.15%, compared to the Oil & Gas E&P industry's average dividend yield of 3.64%. If you owned $1,000 of HES stock, you would have been paid $11.53 last year.
Hess dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Hess dividend yield and history here.
What others are saying about HES
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your HES buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your HES investment
Now that you own some HES stock, you'll want to stay up-to-date on your investment.
Start a watchlist to get notified of important updates regarding your HES stock.
HES Feed
How to Buy Stock in Hess
To reiterate, here are the 6 steps to buy Hess stock:
- Choose where to buy Hess stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Hess stock
- Make your HES buy order
- Get key alerts regarding your HES investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Hess, get started below.
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