Q1 EPS Estimates for Helmerich & Payne Cut by Zacks Research

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for Helmerich & Payne in a research note issued to investors on Thursday, December 19th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings of $0.63 per share for the quarter, down from their previous estimate of $0.65. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Helmerich & Payne's Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.41 EPS and FY2027 earnings at $3.69 EPS.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its 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 business had revenue of $693.79 million during the quarter, compared to analyst estimates of $695.99 million. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. Helmerich & Payne's revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS.

Other research analysts also recently issued reports about the company. Royal Bank of Canada dropped their price target on Helmerich & Payne from $44.00 to $41.00 and set a "sector perform" rating for the company in a research note on Friday, November 15th. The Goldman Sachs Group reduced their price target on shares of Helmerich & Payne from $38.00 to $34.00 and set a "sell" rating on the stock in a research note on Thursday, August 29th. Barclays dropped their price objective 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. Benchmark reiterated a "hold" rating on shares of Helmerich & Payne in a research note on Thursday, November 21st. Finally, Citigroup reduced their price objective on Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating for the company in a research note on Friday, September 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Helmerich & Payne presently has an average rating of "Hold" and an average target price of $38.57.

Helmerich & Payne Stock Performance

Shares of NYSE HP traded up $0.05 during trading on Monday, hitting $30.50. The company had a trading volume of 1,081,179 shares, compared to its average volume of 1,399,340. The stock has a 50 day simple moving average of $34.27 and a 200 day simple moving average of $34.42. The firm has a market capitalization of $3.01 billion, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 4.21 and a beta of 1.39. Helmerich & Payne has a 12 month low of $29.46 and a 12 month high of $44.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.40 and a current ratio of 2.67.

Helmerich & Payne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 3.28%. Helmerich & Payne's dividend payout ratio is currently 29.07%.

Institutional Trading of Helmerich & Payne

Several hedge funds have recently made changes to their positions in HP. Covestor Ltd boosted its position in Helmerich & Payne by 76.9% in the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company's stock valued at $45,000 after buying an additional 643 shares during the period. Blue Trust Inc. raised its position in Helmerich & Payne by 127.8% in the 3rd quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company's stock valued at $46,000 after purchasing an additional 854 shares in the last quarter. Quarry LP purchased a new position in shares of Helmerich & Payne in the 3rd quarter valued at about $48,000. Headlands Technologies LLC grew its position in shares of Helmerich & Payne by 96.9% during the second quarter. Headlands Technologies LLC now owns 1,538 shares of the oil and gas company's stock worth $56,000 after buying an additional 757 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of Helmerich & Payne during the third quarter worth approximately $61,000. Institutional investors and hedge funds own 96.05% of the company's stock.

About Helmerich & Payne

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.