Helmerich & Payne, Inc [HP] stock is trading at $34.43, up 2.08%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HP shares have gain 1.44% over the last week, with a monthly amount glided 2.08%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Helmerich & Payne, Inc [NYSE: HP] stock has seen the most recent analyst activity on January 16, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Barclays downgraded its rating to Equal Weight on January 10, 2024, and dropped its price target to $40. On January 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $41 on the stock. Seaport Research Partners downgraded its rating to a Neutral. The Benchmark Company upgraded its rating to a Buy. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on July 10, 2023, and downed its price target to $45. In a note dated June 28, 2023, CapitalOne initiated an Equal Weight rating and provided a target price of $40 on this stock.
Helmerich & Payne, Inc [HP] stock has fluctuated between $29.46 and $43.70 over the past year. Currently, Wall Street analysts expect the stock to reach $49.55 within the next 12 months. Helmerich & Payne, Inc [NYSE: HP] shares were valued at $34.43 at the most recent close of the market. An investor can expect a potential return of 43.92% based on the average HP price forecast.
Analyzing the HP fundamentals
Helmerich & Payne, Inc [NYSE:HP] reported sales of 2.76B for the trailing twelve months, which represents a growth of 5.18%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.69 points at the first support level, and at 32.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.22, and for the 2nd resistance point, it is at 36.00.
Ratios To Look Out For
For context, Helmerich & Payne, Inc’s Current Ratio is 2.65. Further, the Quick Ratio stands at 2.38, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 1.23, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 10.06.
Transactions by insiders
Recent insider trading involved Vann J Kevin, SENIOR VP AND CFO, that happened on Sep 27 ’24 when 3300.0 shares were purchased. SENIOR VP AND CFO, Smith Mark W. completed a deal on Apr 29 ’24 to sell 16000.0 shares. Meanwhile, SVP, CORP. SERVICES & CLO Hair Cara M. sold 9910.0 shares on Apr 29 ’24.
