Atb Cap Markets Issues Pessimistic Outlook for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Atb Cap Markets lowered their FY2025 earnings estimates for shares of Helmerich & Payne in a report issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will earn $1.06 per share for the year, down from their prior forecast of $1.07. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Atb Cap Markets also issued estimates for Helmerich & Payne's Q4 2025 earnings at $0.15 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.12 EPS, FY2026 earnings at $0.63 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.26 EPS and FY2027 earnings at $0.98 EPS.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.63). Helmerich & Payne had a net margin of 7.15% and a return on equity of 8.25%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $961.03 million. During the same period in the prior year, the business earned $0.84 EPS. The business's revenue for the quarter was up 47.7% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the company. Barclays decreased their price target on Helmerich & Payne from $20.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday, June 20th. The Goldman Sachs Group reduced their target price on shares of Helmerich & Payne from $25.00 to $17.00 and set a "sell" rating on the stock in a research note on Tuesday, June 24th. Morgan Stanley dropped their price target on shares of Helmerich & Payne from $27.00 to $20.00 and set an "underweight" rating for the company in a research note on Friday, May 16th. Wall Street Zen lowered shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, TD Cowen lowered their target price on shares of Helmerich & Payne from $28.00 to $26.00 and set a "hold" rating for the company in a report on Friday, May 9th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $26.09.

Helmerich & Payne Trading Down 0.7%

Shares of NYSE HP traded down $0.11 during midday trading on Thursday, hitting $16.45. The stock had a trading volume of 1,033,228 shares, compared to its average volume of 1,752,669. The firm has a market cap of $1.64 billion, a P/E ratio of 7.51 and a beta of 0.82. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $42.60. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.68 and a quick ratio of 1.32. The company's 50-day simple moving average is $17.24 and its 200 day simple moving average is $23.89.

Helmerich & Payne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.25 dividend. The ex-dividend date is Friday, August 15th. This represents a $1.00 annualized dividend and a yield of 6.08%. Helmerich & Payne's dividend payout ratio (DPR) is presently 45.66%.

Hedge Funds Weigh In On Helmerich & Payne

Several institutional investors and hedge funds have recently made changes to their positions in HP. Dimensional Fund Advisors LP lifted its holdings in Helmerich & Payne by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 5,483,028 shares of the oil and gas company's stock worth $143,209,000 after acquiring an additional 71,168 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Helmerich & Payne by 28.4% during the 1st quarter. Victory Capital Management Inc. now owns 3,553,181 shares of the oil and gas company's stock valued at $92,809,000 after purchasing an additional 786,250 shares in the last quarter. Earnest Partners LLC lifted its holdings in shares of Helmerich & Payne by 1.0% during the 4th quarter. Earnest Partners LLC now owns 3,487,019 shares of the oil and gas company's stock valued at $111,654,000 after purchasing an additional 35,013 shares in the last quarter. American Century Companies Inc. grew its position in shares of Helmerich & Payne by 12.2% in the 1st quarter. American Century Companies Inc. now owns 2,983,840 shares of the oil and gas company's stock valued at $77,938,000 after purchasing an additional 325,484 shares during the period. Finally, Invesco Ltd. increased its stake in Helmerich & Payne by 24.7% during the 1st quarter. Invesco Ltd. now owns 2,704,134 shares of the oil and gas company's stock worth $70,632,000 after purchasing an additional 535,808 shares in the last quarter. Institutional investors and hedge funds 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.