Atb Cap Markets Issues Negative Forecast for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Equities researchers at Atb Cap Markets dropped their Q1 2025 earnings per share estimates for shares of Helmerich & Payne in a research report issued to clients and investors 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 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.

HP has been the topic of a number of other research reports. Royal Bank of Canada reduced 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 dropped their price target on Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating for the company in a research note on Thursday, August 29th. Evercore ISI raised Helmerich & Payne to a “strong-buy” rating in a research report on Friday, July 26th. Barclays lowered their price objective on Helmerich & Payne from $42.00 to $39.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 16th. Finally, Citigroup lowered their price objective on Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, September 13th. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Helmerich & Payne presently has a consensus rating of “Hold” and an average price target of $39.00.

Helmerich & Payne Price Performance

NYSE:HP opened at $33.85 on Monday. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of 3.59 and a beta of 1.40. The company has a quick ratio of 1.87, a current ratio of 2.67 and a debt-to-equity ratio of 0.61. Helmerich & Payne has a 12-month low of $29.46 and a 12-month high of $44.11. The stock’s 50 day moving average price is $33.48 and its two-hundred day moving average price is $35.12.

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

Institutional Trading of Helmerich & Payne

A number of institutional investors and hedge funds have recently bought and sold shares of HP. Dimensional Fund Advisors LP boosted its stake in shares of Helmerich & Payne by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,576,795 shares of the oil and gas company’s stock worth $201,543,000 after purchasing an additional 176,179 shares during the period. State Street Corp raised its holdings in shares of Helmerich & Payne by 0.8% in the 3rd quarter. State Street Corp now owns 4,182,972 shares of the oil and gas company’s stock valued at $127,246,000 after purchasing an additional 34,395 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Helmerich & Payne by 9.4% in the 2nd quarter. Pacer Advisors Inc. now owns 3,826,851 shares of the oil and gas company’s stock valued at $138,302,000 after purchasing an additional 327,802 shares in the last quarter. Earnest Partners LLC raised its stake in shares of Helmerich & Payne by 15.7% during the 2nd quarter. Earnest Partners LLC now owns 3,469,609 shares of the oil and gas company’s stock worth $125,392,000 after acquiring an additional 471,420 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Helmerich & Payne by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,247,214 shares of the oil and gas company’s stock worth $68,373,000 after acquiring an additional 22,875 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors.

Helmerich & Payne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, November 18th. This represents a $1.00 annualized dividend and a dividend yield of 2.95%. Helmerich & Payne’s payout ratio is 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.