FY2025 Earnings Forecast for HP Issued By Atb Cap Markets

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Research analysts at Atb Cap Markets reduced their FY2025 EPS estimates for 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 estimate 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 data on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $961.03 million. During the same quarter last year, the business posted $0.84 earnings per share. Helmerich & Payne's revenue was up 47.7% on a year-over-year basis.

Several other brokerages have also issued reports on HP. The Goldman Sachs Group decreased their price target on shares of Helmerich & Payne from $25.00 to $17.00 and set a "sell" rating for the company in a research note on Tuesday, June 24th. Susquehanna dropped their target price on shares of Helmerich & Payne from $24.00 to $23.00 and set a "positive" rating for the company in a report on Tuesday. Citigroup reiterated a "neutral" rating and set a $17.00 target price (down from $19.00) on shares of Helmerich & Payne in a research report on Thursday, June 26th. Morgan Stanley dropped their price objective on Helmerich & Payne from $27.00 to $20.00 and set an "underweight" rating for the company in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Helmerich & Payne from $25.00 to $17.00 and set a "neutral" rating on the stock in a report on Wednesday, May 28th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $26.09.

Helmerich & Payne Price Performance

Shares of HP traded down $0.11 during midday trading on Thursday, reaching $16.45. The stock had a trading volume of 1,033,228 shares, compared to its average volume of 1,749,359. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 7.51 and a beta of 0.82. The company's 50-day moving average is $17.39 and its 200 day moving average is $24.20. The company has a current ratio of 1.68, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73. Helmerich & Payne has a 12-month low of $14.65 and a 12-month high of $42.60.

Helmerich & Payne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.00 dividend on an annualized basis and a yield of 6.08%. Helmerich & Payne's dividend payout ratio is currently 45.66%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Intech Investment Management LLC increased its holdings in shares of Helmerich & Payne by 32.1% during the first quarter. Intech Investment Management LLC now owns 90,428 shares of the oil and gas company's stock worth $2,362,000 after buying an additional 21,958 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Helmerich & Payne by 34.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,445 shares of the oil and gas company's stock worth $5,575,000 after purchasing an additional 54,758 shares during the last quarter. Empowered Funds LLC increased its position in Helmerich & Payne by 9.9% during the 1st quarter. Empowered Funds LLC now owns 9,459 shares of the oil and gas company's stock worth $247,000 after buying an additional 852 shares during the period. Caxton Associates LLP acquired a new stake in shares of Helmerich & Payne during the 1st quarter worth approximately $665,000. Finally, Petrus Trust Company LTA bought a new position in Helmerich & Payne in the first quarter valued at about $468,000. 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.