A share price of Helmerich & Payne, Inc [HP] is currently trading at $27.64, up 5.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The HP shares have gain 4.14% over the last week, with a monthly amount drifted -21.72%, and not 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 15, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $39 from $48. Previously, Citigroup upgraded its rating to Buy on January 10, 2025, and kept the price target unchanged to $40. On January 16, 2024, downgrade downgraded it’s rating to Hold. Barclays downgraded its rating to a Equal Weight and decreased its price target to $40 on January 10, 2024. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $41 on January 08, 2024. Seaport Research Partners downgraded its rating to Neutral for this stock on January 02, 2024. In a note dated July 19, 2023, The Benchmark Company upgraded an Buy rating on this stock.
Helmerich & Payne, Inc experienced fluctuations in its stock price throughout the past year between $25.69 and $43.70. 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 $27.64 at the most recent close of the market. An investor can expect a potential return of 79.27% based on the average HP price forecast.
Analyzing the HP fundamentals
Trailing Twelve Months sales for Helmerich & Payne, Inc [NYSE:HP] were 2.76B which represents 0.02% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
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 26.59 points at the first support level, and at 25.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.21, and for the 2nd resistance point, it is at 28.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Helmerich & Payne, Inc [NYSE:HP] is 2.81. On the other hand, the Quick Ratio is 2.52, and the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 0.93 and price to earnings (TTM) ratio is 9.14.
Transactions by insiders
Recent insider trading involved Foutch Randy A, Director, that happened on Feb 18 ’25 when 3800.0 shares were purchased. Director, Chariag Belgacem completed a deal on Feb 10 ’25 to buy 37356.0 shares. Meanwhile, PRESIDENT AND CEO LINDSAY JOHN W bought 20000.0 shares on Feb 10 ’25.
