Trade-Ideas LLC identified
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Hess as such a stock due to the following factors:
- HES has 16x the normal benchmarked social activity for this time of the day compared to its average of 3.16 mentions/day.
- HES has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $282.6 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
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More details on HES:
Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The stock currently has a dividend yield of 2.9%. Currently there are 8 analysts that rate Hess a buy, no analysts rate it a sell, and 8 rate it a hold.
The average volume for Hess has been 4.1 million shares per day over the past 30 days. Hess has a market cap of $9.8 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.63 and a short float of 4.5% with 1.43 days to cover. Shares are down 28.2% year-to-date as of the close of trading on Tuesday.
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rates Hess as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.
Highlights from the ratings report include:
- HESS CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, HESS CORP reported lower earnings of $5.20 versus $11.33 in the prior year. For the next year, the market is expecting a contraction of 175.5% in earnings (-$3.93 versus $5.20).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 127.7% when compared to the same quarter one year ago, falling from $1,008.00 million to -$279.00 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, HESS CORP's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to $282.00 million or 78.92% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 47.32%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 185.45% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- You can view the full Hess Ratings Report.