Q1 EPS Estimate for Helmerich & Payne Decreased by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share (EPS) estimates for shares of Helmerich & Payne in a report released on Thursday, November 14th. Seaport Res Ptn analyst T. Curran now forecasts that the oil and gas company will earn $0.42 per share for the quarter, down from their previous forecast of $0.53. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share. Seaport Res Ptn also issued estimates for Helmerich & Payne’s Q2 2025 earnings at $0.67 EPS and FY2025 earnings at $3.00 EPS.

Several other equities analysts have also recently issued reports on the company. Citigroup dropped their target price on Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, September 13th. Evercore ISI upgraded Helmerich & Payne to a “strong-buy” rating in a research report on Friday, July 26th. Barclays reduced their target price on Helmerich & Payne from $42.00 to $39.00 and set an “equal weight” rating for the company in a report on Wednesday, October 16th. Royal Bank of Canada lowered their price target on shares of Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating on the stock in a research note on Friday. Finally, Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Helmerich & Payne currently has an average rating of “Hold” and an average price target of $39.00.

Helmerich & Payne Stock Up 0.1 %

HP stock opened at $33.62 on Monday. The stock has a market capitalization of $3.32 billion, a PE ratio of 9.77, a price-to-earnings-growth ratio of 3.59 and a beta of 1.40. The company has a fifty day moving average of $33.53 and a 200-day moving average of $35.09. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.87 and a current ratio of 2.67. Helmerich & Payne has a one year low of $29.46 and a one year high of $44.11.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. The business had revenue of $693.79 million during the quarter, compared to analysts’ expectations of $695.99 million. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.69 earnings per share.

Helmerich & Payne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Monday, November 18th. Helmerich & Payne’s payout ratio is currently 29.07%.

Hedge Funds Weigh In On Helmerich & Payne

Several hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. lifted its stake in shares of Helmerich & Payne by 38.1% during the second quarter. American Century Companies Inc. now owns 1,862,362 shares of the oil and gas company’s stock valued at $67,306,000 after buying an additional 513,647 shares during the period. Earnest Partners LLC raised its holdings in Helmerich & Payne by 15.7% in the 2nd quarter. Earnest Partners LLC now owns 3,469,609 shares of the oil and gas company’s stock valued at $125,392,000 after acquiring an additional 471,420 shares during the last quarter. LSV Asset Management lifted its stake in shares of Helmerich & Payne by 51.7% during the 2nd quarter. LSV Asset Management now owns 1,189,318 shares of the oil and gas company’s stock worth $42,982,000 after purchasing an additional 405,179 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Helmerich & Payne by 9.4% during the second quarter. Pacer Advisors Inc. now owns 3,826,851 shares of the oil and gas company’s stock worth $138,302,000 after purchasing an additional 327,802 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Helmerich & Payne by 1,241.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 348,571 shares of the oil and gas company’s stock valued at $10,604,000 after purchasing an additional 322,578 shares during the period. Hedge funds and other institutional investors own 96.05% of the company’s stock.

About Helmerich & Payne

Founded in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.