Ratings for Helmerich & Payne HP were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 1 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 1 | 0 |
Analysts have set 12-month price targets for Helmerich & Payne, revealing an average target of $45.5, a high estimate of $50.00, and a low estimate of $41.00. Highlighting a 5.7% decrease, the current average has fallen from the previous average price target of $48.25.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Helmerich & Payne's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ian Macpherson | Piper Sandler | Lowers | Neutral | $41.00 | $47.00 |
| Charles Minervino | Susquehanna | Lowers | Positive | $50.00 | $53.00 |
| Luke Lemoine | Piper Sandler | Lowers | Overweight | $47.00 | $51.00 |
| Daniel Kutz | Morgan Stanley | Raises | Underweight | $44.00 | $42.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Helmerich & Payne. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Helmerich & Payne compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Helmerich & Payne's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Helmerich & Payne's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Helmerich & Payne analyst ratings.
About Helmerich & Payne
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small but growing presence internationally.
Understanding the Numbers: Helmerich & Payne's Finances
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Positive Revenue Trend: Examining Helmerich & Payne's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.48% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Helmerich & Payne's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 10.88%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Helmerich & Payne's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.62%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Helmerich & Payne's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.65% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Helmerich & Payne's debt-to-equity ratio is below the industry average at 0.22, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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