In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Helmerich & Payne, Inc (NYSE: HP) was $19.82 for the day, down -0.75% from the previous closing price of $19.97. In other words, the price has decreased by $-0.75 from its previous closing price. On the day, 1.24 million shares were traded. HP stock price reached its highest trading level at $20.32 during the session, while it also had its lowest trading level at $19.56.
Ratios:
Our analysis of HP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.70. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 2.81. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.60.
On January 15, 2025, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $48 to $39.
Citigroup Upgraded its Neutral to Buy on January 10, 2025, while the target price for the stock was maintained at $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 18 ’25 when Foutch Randy A bought 3,800 shares for $26.25 per share. The transaction valued at 99,750 led to the insider holds 30,624 shares of the business.
Chariag Belgacem bought 37,356 shares of HP for $1,011,600 on Feb 10 ’25. The Director now owns 54,606 shares after completing the transaction at $27.08 per share. On Feb 10 ’25, another insider, LINDSAY JOHN W, who serves as the PRESIDENT AND CEO of the company, bought 20,000 shares for $27.55 each. As a result, the insider paid 551,000 and bolstered with 691,214 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HP now has a Market Capitalization of 1969683840 and an Enterprise Value of 3224861952. As of this moment, Helmerich’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.55, and their Forward P/E ratio for the next fiscal year is 6.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 3.932.
Stock Price History:
The Beta on a monthly basis for HP is 0.91, which has changed by -0.496059 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, HP has reached a high of $42.39, while it has fallen to a 52-week low of $17.82. The 50-Day Moving Average of the stock is -16.81%, while the 200-Day Moving Average is calculated to be -36.72%.
Shares Statistics:
HP traded an average of 1.88M shares per day over the past three months and 1537170 shares per day over the past ten days. A total of 99.19M shares are outstanding, with a floating share count of 95.43M. Insiders hold about 3.97% of the company’s shares, while institutions hold 104.59% stake in the company. Shares short for HP as of 1744675200 were 7126866 with a Short Ratio of 3.79, compared to 1741910400 on 7659442. Therefore, it implies a Short% of Shares Outstanding of 7126866 and a Short% of Float of 10.5900005.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, HP has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.050075114The stock’s 5-year Average Dividend Yield is 5.5. The current Payout Ratio is 44.07% for HP, which recently paid a dividend on 2025-02-14 with an ex-dividend date of 1747267200. Stock splits for the company last occurred on 2006-07-10 when the company split stock in a 2:1 ratio.
