The long-term trend of the EPS is an important number as it indicates the present value of Hess Midstream Partners LP. It is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 12.90 % over the last twelve months. The long-term trend in EPS shows how well the management of Hess Midstream Partners LP is adding value for shareholders.



Hess Midstream Partners LP is in the energy sector and is part of the oil and gas midstream industry. The company CEO is John B. Hess. Hess Midstream Partners LP owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Its segments are Gathering, Processing and Storage and Terminaling and Export.

Previous Intraday Performance:

The HESM shares had a previous change of -2.93% which opened at 20.44 and closed at 19.91. It moved to an intraday high of 20.45 and a low of 19.78.

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Historical Performance:

Over the last five trading days, HESM shares returned 5.57% and in the past 30 trading days it returned -11.96%. Over three months, it changed -13.73%. In one year it has changed 12.44% and within that year its 52-week high was 24.51 and its 52-week low was 18.51. HESM stock is 7.56% above its 52 Week Low.

Our calculations result in a 200 day moving average of 20.47 and a 50 day moving average of 21.42. Right now, HESM stock is trading -2.73% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

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Liquidity:

The company has a market cap of $1.1b with 54.6m shares outstanding and a float of 54.4m shares. Trading volume was 117,049 shares and has experienced an average volume of 72,483 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Hess Midstream Partners LP was 1.9 which ended on 31st of December 2017, which according to the previous close, that is a PE of 10.48. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.32. The trailing twelve month EPS is 1.22, which comes to a trailing twelve month PE of 16.32.

Below was the last reported quarterly earnings per share:
09-30-2018:  0.34
06-30-2018:  0.32
03-31-2018:  0.30
12-31-2017:  0.26



The dividend per share is currently 1.43, which is a dividend yield of 7.18%. HESM stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.

Base on our calculations, the intrinsic value per share is 104.41, which means it might be undervalued and has a margin of safety of 80.93%

Indicators Also to Watch:

Based on the latest filings, there is 38.90% of institutional ownership. Short-interest was 42,542, which was 0.08% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.77. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.97

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 2.48%, profit margin is 55.08%, price-to-sales is 1.75 and price-to-book is 2.16.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 5  : Financial Safety Result
 2  : Past Performance Result
 4  : Valuation Result
 2  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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