Hess Midstream LP (HESM)
NYSE: HESM · IEX Real-Time Price · USD
38.50
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
38.55
+0.05 (0.13%)
Pre-market: Jul 22, 2024, 7:15 AM EDT
Hess Midstream LP Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Hess Midstream LP stock have an average target of 36.83, with a low estimate of 32 and a high estimate of 40. The average target predicts a decrease of -4.34% from the current stock price of 38.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HESM stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +3.90% | Jul 3, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | -3.90% | Apr 29, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $37 → $38 | Hold | Maintains | $37 → $38 | -1.30% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
| UBS | UBS | Strong Buy Maintains $35 → $38 | Strong Buy | Maintains | $35 → $38 | -1.30% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
1.52B
from 1.35B
Increased by 12.86%
Revenue Next Year
1.70B
from 1.52B
Increased by 11.43%
EPS This Year
2.72
from 2.08
Increased by 30.79%
EPS Next Year
3.23
from 2.72
Increased by 18.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 1.9B |
| Avg | 1.5B | 1.7B | 1.7B |
| Low | 1.4B | 1.6B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.8% | 16.4% | 14.5% |
| Avg | 12.9% | 11.4% | 2.9% |
| Low | 7.4% | 5.5% | -18.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.08 | 3.82 | 4.39 | 3.78 | 3.89 |
| Avg | 2.72 | 3.23 | 3.78 | 3.67 | 3.77 |
| Low | 2.42 | 2.64 | 3.26 | 3.53 | 3.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 47.9% | 40.5% | 35.8% | 0.1% | 5.8% |
| Avg | 30.8% | 18.8% | 16.9% | -2.8% | 2.8% |
| Low | 16.4% | -3.1% | 1.0% | -6.6% | -1.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.