Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share (EPS) estimates for Helmerich & Payne in a report issued on Thursday, November 14th. Seaport Res Ptn analyst T. Curran now expects that the oil and gas company will earn $0.42 per share for the quarter, down from their previous forecast of $0.53. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.57 per share. Seaport Res Ptn also issued estimates for Helmerich & Payne's Q2 2025 earnings at $0.67 EPS and FY2025 earnings at $3.00 EPS.
Helmerich & Payne (NYSE:HP - Get Free Report) last released its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share for the quarter, hitting analysts' consensus estimates of $0.76. The firm had revenue of $693.79 million during the quarter, compared to analysts' expectations of $695.99 million. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. Helmerich & Payne's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.69 EPS.
HP has been the topic of a number of other research reports. The Goldman Sachs Group cut their price objective on shares of Helmerich & Payne from $38.00 to $34.00 and set a "sell" rating on the stock in a report on Thursday, August 29th. Evercore ISI upgraded Helmerich & Payne to a "strong-buy" rating in a research note on Friday, July 26th. Royal Bank of Canada reduced their price target on Helmerich & Payne from $44.00 to $41.00 and set a "sector perform" rating for the company in a report on Friday. Citigroup dropped their price objective on Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating on the stock in a report on Friday, September 13th. Finally, Barclays reduced their target price on Helmerich & Payne from $42.00 to $39.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $39.00.
Check Out Our Latest Analysis on Helmerich & Payne
Helmerich & Payne Stock Up 0.1 %
Shares of HP stock traded up $0.02 on Monday, hitting $33.62. The stock had a trading volume of 1,323,658 shares, compared to its average volume of 1,386,097. The stock's 50 day moving average is $33.48 and its 200-day moving average is $35.12. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of 3.59 and a beta of 1.40. Helmerich & Payne has a 52-week low of $29.46 and a 52-week high of $44.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.87 and a current ratio of 2.67.
Helmerich & Payne Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, November 18th. This represents a $1.00 annualized dividend and a yield of 2.97%. Helmerich & Payne's payout ratio is 29.07%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in Helmerich & Payne by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,247,214 shares of the oil and gas company's stock worth $68,373,000 after acquiring an additional 22,875 shares during the last quarter. Barclays PLC raised its position in shares of Helmerich & Payne by 320.2% during the 3rd quarter. Barclays PLC now owns 198,415 shares of the oil and gas company's stock worth $6,035,000 after purchasing an additional 151,196 shares during the period. MML Investors Services LLC lifted its holdings in shares of Helmerich & Payne by 9.3% in the 3rd quarter. MML Investors Services LLC now owns 28,034 shares of the oil and gas company's stock worth $853,000 after purchasing an additional 2,392 shares during the last quarter. Dean Investment Associates LLC bought a new stake in shares of Helmerich & Payne in the 3rd quarter worth approximately $3,047,000. Finally, XTX Topco Ltd acquired a new position in Helmerich & Payne during the 3rd quarter valued at approximately $892,000. 96.05% of the stock is currently owned by institutional investors.
Helmerich & Payne Company Profile
(
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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.
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