Closing Figures: Helmerich & Payne, Inc (HP)’s Negative Finish at 25.71, Down -2.13

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After finishing at $26.27 in the prior trading day, Helmerich & Payne, Inc (NYSE: HP) closed at $25.71, down -2.13%. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 1.66 million shares were traded.

Ratios:

Our goal is to gain a better understanding of HP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.58. 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $39 from $48 previously.

On January 10, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $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 8.50, and their Forward P/E ratio for the next fiscal year is 7.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 0.87.

Stock Price History:

Over the past 52 weeks, HP has reached a high of $43.70, while it has fallen to a 52-week low of $25.69. The 50-Day Moving Average of the stock is -19.92%, while the 200-Day Moving Average is calculated to be -24.98%.

Shares Statistics:

A total of 99.19M shares are outstanding, with a floating share count of 95.55M. Insiders hold about 3.85% of the company’s shares, while institutions hold 104.81% stake in the company.

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