Helmerich & Payne, Inc (NYSE:HP) shares, rose in value on Friday, March 28, with the stock price down by -1.86% to the previous day’s close as strong demand from buyers drove the stock to $25.26.
Actively observing the price movement in the last trading, the stock closed the session at $25.74, falling within a range of $24.9 and $25.645. The value of beta (5-year monthly) was 1.406 whereas the PE ratio was 8.35 over 12-month period. Referring to stock’s 52-week performance, its high was $43.70, and the low was $23.80. On the whole, HP has fluctuated by -4.21% over the past month.
With the market capitalization of Helmerich & Payne, Inc currently standing at about $2.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 3.95%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.69B, with a low estimate of 825.5M and a high estimate of 1.03B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 961.03M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 83.52, with the price of HP currently trading nearly -0.35% and -10.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.47, while the 7-day volatility ratio is showing 2.34% which for the 30-day chart, stands at 3.72%. Furthermore, Helmerich & Payne, Inc (HP)’s beta value is 1.00, and its average true range (ATR) is 0.96.
A comparison of Helmerich & Payne, Inc (HP) with its peers suggests the former has fared considerably weaker in the market. HP showed an intraday change of -1.86% in last session, and over the past year, it shrunk by -38.34%%.
Data on historical trading for Helmerich & Payne, Inc (NYSE:HP) indicates that the trading volumes over the past 10 days have averaged 1.46 and over the past 3 months, they’ve averaged 1.64 million. According to company’s latest data on outstanding shares, there are 99.19 million shares outstanding.
Nearly 3.97% of Helmerich & Payne, Inc’s shares belong to company insiders and institutional investors own 105.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.66 million shares as on 2025-03-14, resulting in a short ratio of 4.39. According to the data, the short interest in Helmerich & Payne, Inc (HP) stood at 1138.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 8.57 million. The stock has fallen by -21.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HP stock heading into the next quarter.
