Equities research analysts forecast that Hess Midstream Partners LP (NASDAQ:HESM) will report earnings per share (EPS) of $0.22 for the current quarter, according to Zacks. Two analysts have provided estimates for Hess Midstream Partners’ earnings. The lowest EPS estimate is $0.17 and the highest is $0.27. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Hess Midstream Partners will report full year earnings of $0.97 per share for the current year, with EPS estimates ranging from $0.81 to $1.09. For the next year, analysts expect that the business will report earnings of $1.21 per share, with EPS estimates ranging from $1.02 to $1.30. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Hess Midstream Partners.
HESM has been the topic of several recent analyst reports. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Hess Midstream Partners in a report on Monday, May 1st. They issued a “buy” rating and a $32.00 target price on the stock. Scotiabank set a $31.00 target price on shares of Hess Midstream Partners and gave the company a “buy” rating in a report on Friday, May 19th. Citigroup Inc. initiated coverage on shares of Hess Midstream Partners in a report on Tuesday, May 2nd.
They issued a “neutral” rating and a $28.00 target price on the stock. J P Morgan Chase & Co initiated coverage on shares of Hess Midstream Partners in a report on Monday, May 1st. They issued an “overweight” rating and a $30.00 target price on the stock. Finally, Morgan Stanley initiated coverage on shares of Hess Midstream Partners in a report on Monday, May 1st. They issued a “weight” rating and a $27.00 target price on the stock. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $29.60.
In related news, Director Gregory P. Hill purchased 4,350 shares of the firm’s stock in a transaction that occurred on Monday, April 10th. The shares were bought at an average cost of $23.00 per share, with a total value of $100,050.00. Following the acquisition, the director now owns 4,350 shares of the company’s stock, valued at approximately $100,050. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible here. Also, COO John A.
In related news, Director Gregory P. Hill purchased 4,350 shares of the firm’s stock in a transaction that occurred on Monday, April 10th. The shares were bought at an average cost of $23.00 per share, with a total value of $100,050.00. Following the acquisition, the director now owns 4,350 shares of the company’s stock, valued at approximately $100,050. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible here. Also, COO John A.
Gatling purchased 15,000 shares of the firm’s stock in a transaction that occurred on Monday, April 10th. The shares were bought at an average cost of $23.00 per share, for a total transaction of $345,000.00. Following the completion of the acquisition, the chief operating officer now directly owns 15,000 shares in the company, valued at approximately $345,000. The disclosure for this purchase can be found here. Insiders have purchased a total of 267,100 shares of company stock worth $6,143,300 over the last ninety days.
Hess Midstream Partners (NASDAQ:HESM) traded up 0.15% during trading on Monday, reaching $19.42. 129,449 shares of the company’s stock were exchanged. Hess Midstream Partners has a 52-week low of $18.62 and a 52-week high of $26.78. The stock’s 50 day moving average price is $23.94 and its 200 day moving average price is $24.52. The firm has a market cap of $1.06 billion and a P/E ratio of 4.76.
By: Lauren Steadman (Transcript Daily).
Photo: The Business Journals.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
Hess Midstream Partners (NASDAQ:HESM) traded up 0.15% during trading on Monday, reaching $19.42. 129,449 shares of the company’s stock were exchanged. Hess Midstream Partners has a 52-week low of $18.62 and a 52-week high of $26.78. The stock’s 50 day moving average price is $23.94 and its 200 day moving average price is $24.52. The firm has a market cap of $1.06 billion and a P/E ratio of 4.76.
By: Lauren Steadman (Transcript Daily).
Photo: The Business Journals.
Review: Emerging Market Formulations & Research Unit, Flagship Records.