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HP HP Latest Topics

Helmerich & Payne (NYSE:HP) lowered to “Underperform” at Wolfe research | HP0-M44 Latest subjects and Questions and Answers

Wolfe research decreased shares of Helmerich & Payne (NYSE:HP) from a peer function ranking to an underperform ranking in a file published on Monday morning, The Fly stories.

HP has been the subject matter of a few different experiences. Barclays upped their target rate on shares of Helmerich & Payne from $14.00 to $18.00 and gave the inventory an equal weight ranking in a research record on Tuesday, November 24th. Rowe upped their target cost on shares of Helmerich & Payne from $18.00 to $25.00 and gave the stock a positive score in a research document on Monday, November twenty third. Smith Barney Citigroup lowered shares of Helmerich & Payne from a neutral score to a sell rating and upped their target cost for the inventory from $19.00 to $20.00 in a research document on Tuesday, December fifteenth. financial institution of the usa downgraded shares of Helmerich & Payne from a neutral score to an underperform score and set a $23.00 cost goal for the enterprise. in a analysis notice on Monday, December seventh. finally, ValuEngine raised shares of Helmerich & Payne from a grasp rating to a purchase score in a research notice on Tuesday, December 1st. Seven equities research analysts have rated the stock with a sell rating, seven have assigned a dangle ranking and 9 have given a buy rating to the inventory. Helmerich & Payne has an ordinary score of cling and a typical fee goal of $22.16.

NYSE:HP opened at $25.21 on Monday. The firm has a market cap of $2.seventy one billion, a PE ratio of -5.49 and a beta of two.27. Helmerich & Payne has a 12 month low of $12.forty and a 12 month excessive of $forty six.78. The enterprise has a brief ratio of three.92, a latest ratio of 4.40 and a debt-to-equity ratio of 0.14. The business’s 50-day moving commonplace rate is $24.28 and its two-hundred day relocating ordinary cost is $18.74.

Helmerich & Payne (NYSE:HP) last released its quarterly profits results on Wednesday, November 18th. The oil and gas enterprise stated ($0.74) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.eighty) by way of $0.06. Helmerich & Payne had a terrible web margin of 27.88% and a terrible return on equity of two.80%. The enterprise had profits of $208.27 million for the quarter, compared to analyst estimates of $212.37 million. throughout the same length within the old 12 months, the business earned $0.38 revenue per share. On usual, research analysts are expecting that Helmerich & Payne will post -2.74 EPS for the existing fiscal 12 months.

The company additionally recently declared a quarterly dividend, which may be paid on Monday, March 1st. Stockholders of listing on Friday, February 12th might be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of three.ninety seven%. The ex-dividend date is Thursday, February eleventh. Helmerich & Payne’s dividend payout ratio (DPR) is right now -116.28%.

In different news, SVP Michael Lennox bought 1,437 shares of the company’s stock in a transaction that came about on Tuesday, December fifteenth. The shares were sold at a normal cost of $24.05, for a total price of $34,559.eighty five. Following the completion of the transaction, the senior vice president now owns forty,713 shares in the business, valued at $979,147.sixty five. The transaction turned into disclosed in a submitting with the Securities & change commission, which can be accessed through this link. Insiders bought 5,890 shares of company inventory valued at $122,235 within the ultimate quarter. corporate insiders own four.fifty four% of the enterprise’s inventory.

a few institutional investors and hedge cash have these days made changes to their positions in the inventory. Thrivent economic for Lutherans boosted its holdings in Helmerich & Payne by using 139.3% all through the third quarter. Thrivent financial for Lutherans now owns 2,one hundred and one,895 shares of the oil and fuel company’s stock value $30,793,000 after purchasing an further 1,223,630 shares during the remaining quarter. Magnolia group LLC boosted its holdings in Helmerich & Payne by way of 171.7% all through the third quarter. Magnolia neighborhood LLC now owns 2,001,700 shares of the oil and gas business’s stock value $29,325,000 after purchasing an further 1,265,000 shares right through the last quarter. principal fiscal neighborhood Inc. boosted its holdings in Helmerich & Payne by 34.1% throughout the third quarter. major fiscal community Inc. now owns 1,387,084 shares of the oil and gasoline enterprise’s inventory worth $20,321,000 after deciding to buy an extra 352,816 shares all through the ultimate quarter. Van ECK friends Corp boosted its holdings in Helmerich & Payne by using 32.1% throughout the third quarter. Van ECK acquaintances Corp now owns 1,359,090 shares of the oil and fuel enterprise’s stock price $19,911,000 after procuring an additional 330,236 shares right through the remaining quarter. ultimately, Two Sigma Advisers LP boosted its holdings in Helmerich & Payne by 65.8% throughout the 2nd quarter. Two Sigma Advisers LP now owns 1,195,600 shares of the oil and fuel enterprise’s inventory worth $23,326,000 after paying for an further 474,300 shares all through the final quarter. Institutional buyers and hedge funds personal 82.13% of the enterprise’s inventory.

About Helmerich & Payne

centered in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is dedicated to providing trade main stages of drilling productiveness and reliability. H&P operates with the maximum stage of integrity, protection and innovation to bring superior effects for its purchasers and returns for shareholders.

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The Fly

Analyst Recommendations for Helmerich & Payne (NYSE:HP)

acquire news & rankings for Helmerich & Payne every day - Enter your e-mail handle below to get hold of a concise daily abstract of the latest news and analysts' ratings for Helmerich & Payne and linked corporations with MarketBeat.com's FREE every day e-mail publication.


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