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Helmerich & Payne, Inc (NYSE: HP) closed the day trading at $35.31 down -1.04% from the previous closing price of $35.68. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 0.86 million shares were traded. HP stock price reached its highest trading level at $35.97 during the session, while it also had its lowest trading level at $35.15.
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 6.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.39. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
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 Sep 27 ’24 when Vann J Kevin bought 3,300 shares for $30.19 per share. The transaction valued at 99,627 led to the insider holds 3,300 shares of the business.
Smith Mark W. sold 16,000 shares of HP for $647,840 on Apr 29 ’24. The SENIOR VP AND CFO now owns 144,870 shares after completing the transaction at $40.49 per share. On Apr 29 ’24, another insider, Hair Cara M., who serves as the SVP, CORP. SERVICES & CLO of the company, sold 9,910 shares for $40.22 each. As a result, the insider received 398,580 and left with 137,764 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 3552715776 and an Enterprise Value of 4758975488. As of this moment, Helmerich’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.32, and their Forward P/E ratio for the next fiscal year is 9.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 1.726 whereas that against EBITDA is 5.692.
Stock Price History:
The Beta on a monthly basis for HP is 1.38, which has changed by -0.00943923 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, HP has reached a high of $43.70, while it has fallen to a 52-week low of $29.46. The 50-Day Moving Average of the stock is 3.99%, while the 200-Day Moving Average is calculated to be 0.08%.
Shares Statistics:
Over the past 3-months, HP traded about 1.34M shares per day on average, while over the past 10 days, HP traded about 1212780 shares per day. A total of 98.76M shares are outstanding, with a floating share count of 95.03M. Insiders hold about 3.78% of the company’s shares, while institutions hold 105.35% stake in the company. Shares short for HP as of 1735603200 were 11340906 with a Short Ratio of 8.49, compared to 1732838400 on 12066530. Therefore, it implies a Short% of Shares Outstanding of 11340906 and a Short% of Float of 17.169999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.8. The current Payout Ratio is 44.07% for HP, which recently paid a dividend on 2024-11-18 with an ex-dividend date of 1739491200. Stock splits for the company last occurred on 2006-07-10 when the company split stock in a 2:1 ratio.
