At the time of writing, Helmerich & Payne, Inc [HP] stock is trading at $35.25, up 2.89%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HP shares have gain 6.40% over the last week, with a monthly amount glided 4.01%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Helmerich & Payne, Inc [NYSE: HP] stock has seen the most recent analyst activity on January 10, 2025, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $40 for it. Previously, The Benchmark Company downgraded its rating to Hold on January 16, 2024. On January 10, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $40 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $41 on January 08, 2024. Seaport Research Partners downgraded its rating to a Neutral. The Benchmark Company upgraded its rating to Buy for this stock on July 19, 2023. In a note dated July 10, 2023, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $53 to $45.
For the past year, the stock price of Helmerich & Payne, Inc fluctuated between $29.46 and $43.70. Currently, Wall Street analysts expect the stock to reach $48.5 within the next 12 months. Helmerich & Payne, Inc [NYSE: HP] shares were valued at $35.25 at the most recent close of the market. An investor can expect a potential return of 37.59% based on the average HP price forecast.
Analyzing the HP fundamentals
According to Helmerich & Payne, Inc [NYSE:HP], the company’s sales were 2.76B for trailing twelve months, which represents an 5.18% jump. 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 of0.64.
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 34.62 points at the first support level, and at 33.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.72, and for the 2nd resistance point, it is at 36.18.
Ratios To Look Out For
It is important to note that Helmerich & Payne, Inc [NYSE:HP] has a current ratio of 2.65. As well, the Quick Ratio is 2.38, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 10.30.
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.
