Analysts Swing to Diverse Views for Hess Corporation (HES), DXC Technology Company (DXC)

Shares of Hess Corporation (NYSE:HES) opened at $62.35, and ended -0.79% lower at $61.84. Nearly 2.09 million shares were traded by the close, lower than its average daily volume of 4.01 million shares.

Hess Corporation (HES) Analyst Opinion

Hess Corporation has a consensus hold rating from 22 Wall Street analysts, and the number of shares currently sold short amount to at least 9.06% of shares outstanding. The stock sank -0.82% last month and is up 30.27 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover HES having a buy-equivalent rating. Analysts have placed a $62.58 price target on Hess Corporation, suggesting a 1.2% gain from recent close. It’s currently trading about -6.15% below its 52-week high.

Hess Corporation Earnings Surprise

Hess Corporation (HES) surprised the stock market in its last reported earnings when it earned -$0.27 a piece versus the consensus-estimated -$0.49. Its revenue totaled $1.17 billion down -28.24% from the previous quarter.

Hess Corporation (NYSE:HES) Intraday View

This stock (HES) is ahead of its 52-week low with 66.01%. Its last month’s stock price volatility remained 2.25% which for the week stands at 2.41%. The share price has moved backward from its 20 days moving average, trading at a distance of -0.92% and stays 5.85% away from its 50 days moving average. Over the last five days, shares have managed 0.06% gains and now is up 25.92% since hitting its 200-day moving average of $51.85. Hess Corporation (HES) has made its way to a 12-month gain of 42.19%.

Turning to DXC Technology Company (NYSE:DXC), its shares were trading at $85.54 a gain of $1.14, on the trading floor. The stock, after opening at $84.39, touched a high of $85.82 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. DXC Technology Company has 3 buy ratings, 6 holds and 0 sells even after the stock tumbled -8.3% from its high of $93.28 to a $24.43 billion market value through last close.

DXC Technology Company (DXC) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.18 to 2.18 during a month. Analysts set a 12-month price target of $106 a share. The target implies a 23.92% spike from where the shares are currently trading. Also, the current price highlights a discount of 27.43% to analysts’ high consensus price target.

DXC Technology Company (NYSE:DXC) Intraday Trading

The counter witnessed a trading volume of 1.56 million shares versus an average volume of 2.34 million shares during last trading session. Its last month’s stock price volatility remained 1.83% which for the week approaches 2.33%. The lowest price the stock reached in the last trading day was $84.17 and compares with the $63.58 52-week low. The stock recovered 34.53% since its low point and has performed 4.21% year-to-date.