Helmerich & Payne, Inc (HP) concluded trading on Thursday at a closing price of $27.72, with 8.0 million shares of worth about $221.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.71% during that period and on February 06, 2025 the price saw a loss of about -16.48%. Currently the company’s common shares owned by public are about 99.19M shares, out of which, 96.74M shares are available for trading.
Stock saw a price change of -12.88% in past 5 days and over the past one month there was a price change of -16.15%. Year-to-date (YTD), HP shares are showing a performance of -13.43% which decreased to -24.30% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.46 but also hit the highest price of $43.70 during that period. The average intraday trading volume for Helmerich & Payne, Inc shares is 1.40 million. The stock is currently trading -18.14% below its 20-day simple moving average (SMA20), while that difference is down -17.10% for SMA50 and it goes to -20.37% lower than SMA200.
Helmerich & Payne, Inc (NYSE: HP) currently have 99.19M outstanding shares and institutions hold larger chunk of about 104.98% of that.
The stock has a current market capitalization of $2.79B and its 3Y-monthly beta is at 1.38. PE ratio of stock for trailing 12 months is 9.17, while it has posted earnings per share of $3.02 in the same period. Its PEG reads 9.45 and has Quick Ratio of 2.52 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HP, volatility over the week remained 5.71% while standing at 3.71% over the month.
Stock’s fiscal year EPS is expected to drop by -10.69% while it is estimated to increase by 14.78% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on January 15, 2025 offering an In-line rating for the stock and assigned a target price range of between $48 and $39 to it. Coverage by Citigroup stated Helmerich & Payne, Inc (HP) stock as a Buy in their note to investors on January 10, 2025, suggesting a price target of $40 for the stock. On January 16, 2024, The Benchmark Company Downgrade their recommendations, while on January 10, 2024, Barclays Downgrade their ratings for the stock with a price target of $40. Stock get a Neutral rating from Piper Sandler on January 08, 2024.
