Q1 EPS Forecast for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for shares of 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 of $0.70 per share for the quarter, down from their previous estimate 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.

A number of other research firms also recently commented on HP. Citigroup dropped their price objective on Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a report on Friday, September 13th. Royal Bank of Canada cut 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 report on Friday. The Goldman Sachs Group decreased their price objective on shares of Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating for the company in a report on Thursday, August 29th. Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a report on Monday, August 5th. Finally, Barclays decreased their price target on shares of Helmerich & Payne from $42.00 to $39.00 and set an “equal weight” rating for the company in a report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.00.

Helmerich & Payne Stock Performance

HP stock opened at $33.62 on Monday. Helmerich & Payne has a twelve month low of $29.46 and a twelve month high of $44.11. The company has a quick ratio of 1.87, a current ratio of 2.67 and a debt-to-equity ratio of 0.61. The company has a market cap of $3.32 billion, a P/E ratio of 9.77, a price-to-earnings-growth ratio of 3.59 and a beta of 1.40. The business’s fifty day moving average is $33.53 and its 200-day moving average is $35.09.

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

Helmerich & Payne Announces Dividend

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

Hedge Funds Weigh In On Helmerich & Payne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HP. Arizona State Retirement System grew its stake in shares of Helmerich & Payne by 1.3% during the 2nd quarter. Arizona State Retirement System now owns 27,667 shares of the oil and gas company’s stock worth $1,000,000 after acquiring an additional 342 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Helmerich & Payne by 2.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 22,002 shares of the oil and gas company’s stock valued at $795,000 after purchasing an additional 513 shares in the last quarter. KBC Group NV increased its stake in Helmerich & Payne by 20.3% in the 3rd quarter. KBC Group NV now owns 3,130 shares of the oil and gas company’s stock valued at $95,000 after buying an additional 529 shares during the last quarter. Covestor Ltd lifted its position in Helmerich & Payne by 76.9% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock worth $45,000 after buying an additional 643 shares in the last quarter. Finally, Headlands Technologies LLC boosted its stake in shares of Helmerich & Payne by 96.9% during the 2nd 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 during the last quarter. 96.05% of the stock is owned by institutional investors and hedge funds.

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.