Ratios Revealed: Decoding Helmerich & Payne, Inc. (HP)’s Financial Health

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The closing price of Helmerich & Payne, Inc. (NYSE: HP) was $34.90 for the day, down -3.38% from the previous closing price of $36.12. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 1.02 million shares were traded. HP stock price reached its highest trading level at $35.65 during the session, while it also had its lowest trading level at $34.88.


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 9.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.

On January 10, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $44 to $40.

Piper Sandler Downgraded its Overweight to Neutral on January 08, 2024, whereas the target price for the stock was revised from $47 to $41.

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 Apr 29 ’24 when Smith Mark W. sold 16,000 shares for $40.49 per share. The transaction valued at 647,840 led to the insider holds 144,870 shares of the business.

Hair Cara M. sold 9,910 shares of HP for $398,580 on Apr 29 ’24. The SVP, CORP. SERVICES & CLO now owns 137,764 shares after completing the transaction at $40.22 per share. On Mar 01 ’24, another insider, Lennox Michael, who serves as the SVP, US LAND OPS, DRILLING SUB of the company, sold 2,324 shares for $38.81 each. As a result, the insider received 90,194 and left with 100,322 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 3449048576 and an Enterprise Value of 3713908224. As of this moment, Helmerich’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.03, and their Forward P/E ratio for the next fiscal year is 9.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.351 whereas that against EBITDA is 4.424.

Stock Price History:

Over the past 52 weeks, HP has reached a high of $45.93, while it has fallen to a 52-week low of $31.31. The 50-Day Moving Average of the stock is -12.76%, while the 200-Day Moving Average is calculated to be -10.49%.

Shares Statistics:

HP traded an average of 1.06M shares per day over the past three months and 875840 shares per day over the past ten days. A total of 99.43M shares are outstanding, with a floating share count of 95.14M. Insiders hold about 3.63% of the company’s shares, while institutions hold 105.99% stake in the company. Shares short for HP as of 1715731200 were 9837479 with a Short Ratio of 9.25, compared to 1713139200 on 11556203. Therefore, it implies a Short% of Shares Outstanding of 9837479 and a Short% of Float of 14.899999.

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 0.027685493The stock’s 5-year Average Dividend Yield is 6.02.

Most Popular