The stock of Helmerich & Payne, Inc (HP) has gone up by 0.68% for the week, with a 16.56% rise in the past month and a 2.50% rise in the past quarter. The volatility ratio for the week is 3.49%, and the volatility levels for the past 30 days are 3.05% for HP. The simple moving average for the past 20 days is 6.66% for HP’s stock, with a 1.02% simple moving average for the past 200 days.
Is It Worth Investing in Helmerich & Payne, Inc (NYSE: HP) Right Now?
The price-to-earnings ratio for Helmerich & Payne, Inc (NYSE: HP) is above average at 10.43x. The 36-month beta value for HP is also noteworthy at 1.38. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for HP is 95.03M, and at present, short sellers hold a 11.93% of that float. The average trading volume of HP on January 23, 2025 was 1.33M shares.
HP) stock’s latest price update
Helmerich & Payne, Inc (NYSE: HP) has seen a decline in its stock price by -1.92 in relation to its previous close of 36.38. However, the company has experienced a 0.68% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-20 that HP’s acquisition of KCA Deutag marks a milestone, positioning it as a global drilling powerhouse and providing a robust geographic and operational mix.
Analysts’ Opinion of HP
Many brokerage firms have already submitted their reports for HP stocks, with Evercore ISI repeating the rating for HP by listing it as a “In-line.” The predicted price for HP in the upcoming period, according to Evercore ISI is $39 based on the research report published on January 15, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see HP reach a price target of $40. The rating they have provided for HP stocks is “Buy” according to the report published on January 10th, 2025.
HP Trading at 5.03% from the 50-Day Moving Average
After a stumble in the market that brought HP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.35% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 3.49%, as shares surge +17.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.91% lower at present.
During the last 5 trading sessions, HP rose by +0.68%, which changed the moving average for the period of 200-days by -17.04% in comparison to the 20-day moving average, which settled at $33.45. In addition, Helmerich & Payne, Inc saw 11.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HP starting from Vann J Kevin, who purchase 3,300 shares at the price of $30.19 back on Sep 27 ’24. After this action, Vann J Kevin now owns 3,300 shares of Helmerich & Payne, Inc, valued at $99,627 using the latest closing price.
Smith Mark W., the SENIOR VP AND CFO of Helmerich & Payne, Inc, sale 16,000 shares at $40.49 during a trade that took place back on Apr 29 ’24, which means that Smith Mark W. is holding 144,870 shares at $647,840 based on the most recent closing price.
Stock Fundamentals for HP
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.26 for the gross margin
The net margin for Helmerich & Payne, Inc stands at 0.12. The total capital return value is set at 0.08. Equity return is now at value 11.93, with 6.59 for asset returns.
Based on Helmerich & Payne, Inc (HP), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 15.38.
Currently, EBITDA for the company is 849.27 million with net debt to EBITDA at 1.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.87. The receivables turnover for the company is 6.51for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.65.
Conclusion
In summary, Helmerich & Payne, Inc (HP) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
