Zacks Research Has Optimistic Outlook of HP FY2025 Earnings

Key Points

• Analysts at Zacks Research have raised their FY2025 EPS estimate for Helmerich & Payne to $1.10 per share, slightly above their previous estimate of $1.08.
• Despite the positive EPS revision, several firms have cut their target prices for the stock, with Goldman Sachs reducing their target from $25.00 to $17.00 and Morgan Stanley from $27.00 to $20.00.
• Helmerich & Payne will pay a quarterly dividend of $0.25 on December 2nd, reflecting an annualized dividend yield of 4.8% with a current payout ratio of -303.03%.

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Investment analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for Helmerich & Payne in a report issued on Thursday, September 11th. Zacks Research analyst Team now anticipates that the oil and gas company will earn $1.10 per share for the year, up from their prior forecast of $1.08. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne's Q4 2025 earnings at $0.15 EPS, Q1 2026 earnings at $0.17 EPS, Q1 2027 earnings at $0.36 EPS and FY2027 earnings at $1.23 EPS.

Helmerich & Payne (NYSE:HP - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The oil and gas company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. Helmerich & Payne had a positive return on equity of 5.81% and a negative net margin of 0.90%.The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the firm posted $0.92 EPS. The business's quarterly revenue was up 49.2% compared to the same quarter last year.

Several other research analysts also recently commented on the company. Piper Sandler increased their price objective on Helmerich & Payne from $20.00 to $21.00 and gave the company a "neutral" rating in a research note on Thursday, August 14th. Barclays reduced their price objective on Helmerich & Payne from $20.00 to $17.00 and set an "equal weight" rating for the company in a research note on Friday, June 20th. The Goldman Sachs Group reduced their price objective on Helmerich & Payne from $25.00 to $17.00 and set a "sell" rating for the company in a research note on Tuesday, June 24th. TD Cowen increased their price objective on Helmerich & Payne from $26.00 to $27.00 and gave the company a "hold" rating in a research note on Tuesday, August 19th. Finally, Citigroup reissued a "neutral" rating and issued a $17.00 price objective (down from $19.00) on shares of Helmerich & Payne in a research note on Thursday, June 26th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Helmerich & Payne currently has an average rating of "Reduce" and an average target price of $22.20.

Helmerich & Payne Price Performance

Shares of HP stock traded down $0.11 during trading hours on Friday, hitting $20.97. 1,533,090 shares of the company's stock were exchanged, compared to its average volume of 1,983,630. The company has a quick ratio of 1.43, a current ratio of 1.84 and a debt-to-equity ratio of 0.76. The firm has a market cap of $2.09 billion, a P/E ratio of -63.55 and a beta of 0.95. The firm has a 50 day moving average of $17.85 and a two-hundred day moving average of $19.22. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $37.46.

Institutional Investors Weigh In On Helmerich & Payne

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Orion Porfolio Solutions LLC raised its position in shares of Helmerich & Payne by 10.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 18,523 shares of the oil and gas company's stock worth $281,000 after acquiring an additional 1,792 shares in the last quarter. Caxton Associates LLP increased its position in Helmerich & Payne by 666.7% during the second quarter. Caxton Associates LLP now owns 195,313 shares of the oil and gas company's stock worth $2,961,000 after buying an additional 169,839 shares during the period. Rexford Capital Inc. acquired a new position in Helmerich & Payne during the second quarter worth approximately $168,000. Public Sector Pension Investment Board increased its position in Helmerich & Payne by 7.4% during the second quarter. Public Sector Pension Investment Board now owns 338,405 shares of the oil and gas company's stock worth $5,130,000 after buying an additional 23,261 shares during the period. Finally, FORA Capital LLC acquired a new position in Helmerich & Payne during the second quarter worth approximately $500,000. Institutional investors and hedge funds own 96.05% of the company's stock.

Insider Activity

In other news, CAO Sara Marie Momper sold 6,700 shares of Helmerich & Payne stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $17.83, for a total value of $119,461.00. Following the completion of the transaction, the chief accounting officer owned 21,908 shares in the company, valued at approximately $390,619.64. This trade represents a 23.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 4.51% of the company's stock.

Helmerich & Payne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Tuesday, November 18th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Tuesday, November 18th. Helmerich & Payne's dividend payout ratio (DPR) is -303.03%.

Helmerich & Payne Company Profile

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.