Helmerich & Payne, Inc [HP] stock prices are down -0.04% to $25.28 at the moment. 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 0.12% over the last week, with a monthly amount drifted -7.80%, 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.
The stock price of Helmerich & Payne, Inc [HP] has been fluctuating between $23.80 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 $25.28 at the most recent close of the market. An investor can expect a potential return of 96.0% based on the average HP price forecast.
Analyzing the HP fundamentals
The Helmerich & Payne, Inc [NYSE:HP] reported sales of 2.76B for trailing twelve months, representing a surge of 0.02%. 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 24.80 points at the first support level, and at 24.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.70, and for the 2nd resistance point, it is at 26.13.
Ratios To Look Out For
It’s worth pointing out that Helmerich & Payne, Inc [NYSE:HP]’s Current Ratio is 2.81. As well, the Quick Ratio is 2.52, while the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 8.36.
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.
