Atb Cap Markets Has Pessimistic Outlook of HP Q1 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Equities research analysts at Atb Cap Markets cut their Q1 2025 earnings per share estimates for Helmerich & Payne in a research note issued on Thursday, November 14th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will post earnings per share of $0.70 for the quarter, down from their previous forecast of $0.84. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share. Atb Cap Markets also issued estimates for Helmerich & Payne’s Q2 2025 earnings at $0.73 EPS.

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

Other research analysts have also issued research reports about the stock. Citigroup cut their target price on shares of Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, September 13th. Evercore ISI raised Helmerich & Payne to a “strong-buy” rating in a research report on Friday, July 26th. Royal Bank of Canada lowered their target price on Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating on the stock in a report on Friday. The Goldman Sachs Group cut their price target on Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating for the company in a report on Thursday, August 29th. Finally, Barclays lowered their price objective on shares of Helmerich & Payne from $42.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.00.

Helmerich & Payne Price Performance

Shares of Helmerich & Payne stock opened at $33.62 on Monday. The company has a current ratio of 2.67, a quick ratio of 1.87 and a debt-to-equity ratio of 0.61. The firm has a fifty day simple moving average of $33.53 and a 200-day simple moving average of $35.09. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.59 and a beta of 1.40. Helmerich & Payne has a 1-year low of $29.46 and a 1-year high of $44.11.

Institutional Trading of Helmerich & Payne

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd increased its position in shares of Helmerich & Payne by 253.4% during the 1st quarter. Covestor Ltd now owns 940 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 674 shares in the last quarter. Blue Trust Inc. grew its stake in Helmerich & Payne by 127.8% during the third quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company’s stock worth $46,000 after buying an additional 854 shares during the last quarter. Headlands Technologies LLC increased its holdings in shares of Helmerich & Payne by 96.9% during the second quarter. Headlands Technologies LLC now owns 1,538 shares of the oil and gas company’s stock worth $56,000 after buying an additional 757 shares in the last quarter. Quarry LP bought a new position in shares of Helmerich & Payne in the third quarter valued at approximately $48,000. Finally, Eastern Bank acquired a new position in shares of Helmerich & Payne in the 3rd quarter worth approximately $61,000. Institutional investors own 96.05% of the company’s stock.

Helmerich & Payne Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Monday, November 18th. Helmerich & Payne’s dividend payout ratio (DPR) is presently 29.07%.

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.