Helmerich & Payne, Inc (NYSE: HP): Reassessing Prospects

Helmerich & Payne, Inc (HP) concluded trading on Thursday at a closing price of $15.62, with 3.32 million shares of worth about $51.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -53.57% during that period and on May 22, 2025 the price saw a gain of about 2.70%. Currently the company’s common shares owned by public are about 99.42M shares, out of which, 95.47M shares are available for trading.

Stock saw a price change of -14.03% in past 5 days and over the past one month there was a price change of -21.11%. Year-to-date (YTD), HP shares are showing a performance of -51.22% which decreased to -59.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.21 but also hit the highest price of $42.39 during that period. The average intraday trading volume for Helmerich & Payne, Inc shares is 1.87 million. The stock is currently trading -15.47% below its 20-day simple moving average (SMA20), while that difference is down -25.88% for SMA50 and it goes to -47.06% lower than SMA200.

Helmerich & Payne, Inc (NYSE: HP) currently have 99.42M outstanding shares and institutions hold larger chunk of about 102.10% of that.

The stock has a current market capitalization of $1.55B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 7.12, while it has posted earnings per share of $2.19 in the same period. It has Quick Ratio of 1.32 while making debt-to-equity ratio of 0.76. 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 4.01% while standing at 3.13% over the month.

Stock’s fiscal year EPS is expected to drop by -58.30% while it is estimated to decrease by -1.15% 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 Citigroup on May 19, 2025 offering a Neutral rating for the stock and assigned a target price of $19 to it. Coverage by TD Cowen stated Helmerich & Payne, Inc (HP) stock as a Hold in their note to investors on May 09, 2025, suggesting a price target of $26 for the stock. On March 27, 2025, Morgan Stanley Resumed their recommendations, while on January 15, 2025, Evercore ISI Downgrade their ratings for the stock with a price target of $39. Stock get a Buy rating from Citigroup on January 10, 2025.

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