Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Helmerich & Payne, Inc (NYSE: HP) closed the day trading at $19.23 up 0.10% from the previous closing price of $19.21. In other words, the price has increased by $0.10 from its previous closing price. On the day, 2.02 million shares were traded.
Ratios:
For a better understanding of HP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.41. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, Helmerich’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.36, and their Forward P/E ratio for the next fiscal year is 6.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.65.
Stock Price History:
Over the past 52 weeks, HP has reached a high of $43.00, while it has fallen to a 52-week low of $17.82. The 50-Day Moving Average of the stock is -24.43%, while the 200-Day Moving Average is calculated to be -39.96%.
Shares Statistics:
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 105.25% stake in the company.
