Helmerich & Payne, Inc [HP] stock prices are up 4.78% to $20.59 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HP shares have gain 11.78% over the last week, with a monthly amount drifted -19.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Evercore ISI downgraded its rating to In-line on January 15, 2025, and dropped its price target to $39. On January 10, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $40 on the stock. The Benchmark Company downgraded its rating to a Hold. Barclays downgraded its rating to a Equal Weight and reduced its price target to $40 on January 10, 2024. Piper Sandler downgraded its rating to Neutral for this stock on January 08, 2024, and downed its price target to $41. In a note dated January 02, 2024, Seaport Research Partners downgraded an Neutral rating on this stock.
The stock price of Helmerich & Payne, Inc [HP] has been fluctuating between $17.82 and $42.39 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 $20.59 at the most recent close of the market. An investor can expect a potential return of 140.65% 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 20.09 points at the first support level, and at 19.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.98, and for the 2nd resistance point, it is at 21.38.
Ratios To Look Out For
It’s worth pointing out that Helmerich & Payne, Inc [NYSE:HP]’s Current Ratio 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 0.74, the price to book ratio is 0.69 and price to earnings (TTM) ratio is 6.81.
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.
