Q2 EPS Estimate for Helmerich & Payne Raised by Analyst

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Investment analysts at Atb Cap Markets raised their Q2 2025 earnings per share (EPS) estimates for shares of Helmerich & Payne in a research report issued to clients and investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will post earnings per share of $0.74 for the quarter, up from their previous estimate of $0.73. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.12 per share. Atb Cap Markets also issued estimates for Helmerich & Payne's Q3 2025 earnings at $0.77 EPS, FY2025 earnings at $3.04 EPS and FY2027 earnings at $4.41 EPS.

Several other equities research analysts have also issued reports on the company. Citigroup dropped their price target on Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating on the stock in a research report on Friday, September 13th. Benchmark restated a "hold" rating on shares of Helmerich & Payne in a research note on Thursday, November 21st. The Goldman Sachs Group cut their price target on Helmerich & Payne from $38.00 to $34.00 and set a "sell" rating on the stock in a report on Thursday, August 29th. Barclays dropped their target price on Helmerich & Payne from $39.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada lowered their price target on shares of Helmerich & Payne from $44.00 to $41.00 and set a "sector perform" rating for the company in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $38.57.

Helmerich & Payne Stock Down 0.8 %

Helmerich & Payne stock traded down $0.26 during midday trading on Friday, hitting $33.57. The stock had a trading volume of 218,621 shares, compared to its average volume of 1,373,340. The company has a current ratio of 2.67, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The business has a fifty day moving average price of $34.67 and a 200 day moving average price of $34.65. Helmerich & Payne has a 12 month low of $29.46 and a 12 month high of $44.11. The stock has a market cap of $3.32 billion, a P/E ratio of 9.83, a P/E/G ratio of 4.21 and a beta of 1.39.

Helmerich & Payne (NYSE:HP - Get Free Report) last posted its quarterly earnings data on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Helmerich & Payne had a net margin of 12.48% and a return on equity of 12.44%. The firm had revenue of $693.79 million for the quarter, compared to the consensus estimate of $695.99 million. During the same period in the prior year, the firm posted $0.69 EPS. The firm's revenue was up 5.2% compared to the same quarter last year.

Hedge Funds Weigh In On Helmerich & Payne

Hedge funds have recently made changes to their positions in the business. State of New Jersey Common Pension Fund D boosted its holdings in shares of Helmerich & Payne by 18.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 58,634 shares of the oil and gas company's stock worth $1,784,000 after buying an additional 9,004 shares during the period. Petrus Trust Company LTA acquired a new position in Helmerich & Payne in the 3rd quarter worth approximately $619,000. William B. Walkup & Associates Inc. purchased a new position in Helmerich & Payne during the 2nd quarter worth approximately $1,274,000. Canada Pension Plan Investment Board raised its stake in Helmerich & Payne by 120.6% during the 2nd quarter. Canada Pension Plan Investment Board now owns 367,100 shares of the oil and gas company's stock valued at $13,267,000 after purchasing an additional 200,700 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Helmerich & Payne by 88.1% in the second quarter. Sei Investments Co. now owns 53,124 shares of the oil and gas company's stock valued at $1,920,000 after purchasing an additional 24,875 shares in the last quarter. Institutional investors and hedge funds own 96.05% of the company's stock.

Helmerich & Payne Company Profile

Founded in 1920, Helmerich & Payne, Inc (H&P) NYSE: HP is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.