Helmerich & Payne, Inc [NYSE: HP] price plunged by -16.48 percent to reach at -$5.47.
The one-year HP stock forecast points to a potential upside of 31.23. The average equity rating for HP stock is currently 2.56, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Helmerich & Payne, Inc [HP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HP shares is $40.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HP stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Helmerich & Payne, Inc shares, keeping their opinion on the stock as In-line, with their previous recommendation back on January 15, 2025. The new note on the price target was released on January 10, 2025, representing the official price target for Helmerich & Payne, Inc stock. On January 10, 2024, analysts decreased their price target for HP shares from 44 to 40.
The Average True Range (ATR) for Helmerich & Payne, Inc is set at 1.52, with the Price to Sales ratio for HP stock in the period of the last 12 months amounting to 1.01. The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 5.96. Price to Free Cash Flow for HP in the course of the last twelve months was 13.73 with Quick ratio for the last quarter at 2.52.
HP Stock Performance Analysis:
Helmerich & Payne, Inc [HP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.88. With this latest performance, HP shares dropped by -16.15% in over the last four-week period, additionally sinking by -17.71% over the last 6 months – not to mention a drop of -24.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HP stock in for the last two-week period is set at 28.28, with the RSI for the last a single of trading hit 23.21, and the three-weeks RSI is set at 32.51 for Helmerich & Payne, Inc [HP]. The present Moving Average for the last 50 days of trading for this stock 33.44, while it was recorded at 31.26 for the last single week of trading, and 34.90 for the last 200 days.
Insight into Helmerich & Payne, Inc Fundamentals:
Helmerich & Payne, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.52 and a Current Ratio set at 2.81.
HP Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Helmerich & Payne, Inc go to 0.97%.
Helmerich & Payne, Inc [HP] Institutonal Ownership Details
There are presently around $105.60%, or 109.57%% of HP stock, in the hands of institutional investors. The top three institutional holders of HP stocks are: BLACKROCK INC. with ownership of 15.89 million shares, which is approximately 16.0929%. VANGUARD GROUP INC, holding 11.27 million shares of the stock with an approximate value of $$407.37 million in HP stocks shares; and VANGUARD GROUP INC, currently with $$298.42 million in HP stock with ownership which is approximately 8.3616%.
