Helmerich & Payne, Inc. (NYSE: HP) on Tuesday, plunged -1.03% from the previous trading day, before settling in for the closing price of $41.63. Within the past 52 weeks, HP’s price has moved between $29.73 and $46.13.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 10.61%. The company achieved an average annual earnings per share of -15.25%. With a float of $95.21 million, this company’s outstanding shares have now reached $99.43 million.
The extent of productivity of a business whose workforce counts for 6200 workers is very important to gauge.
Helmerich & Payne, Inc. (HP) Insider Updates
Observing investor behavior towards Oil & Gas Drilling industry stocks is more important than anything else. The insider ownership of Helmerich & Payne, Inc. is 3.66%, while institutional ownership is 107.76%. The most recent insider transaction that took place on Mar 01 ’24, was worth 90,194. In this transaction SVP, US LAND OPS, DRILLING SUB of this company sold 2,324 shares at a rate of $38.81, taking the stock ownership to the 100,322 shares. Before that another transaction happened on Feb 29 ’24, when Company’s SVP, US LAND OPS, DRILLING SUB sold 10,176 for $38.51, making the entire transaction worth $391,878. This insider now owns 102,646 shares in total.
Helmerich & Payne, Inc. (HP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 334.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.25% per share during the next fiscal year.
Helmerich & Payne, Inc. (NYSE: HP) Trading Performance Indicators
Helmerich & Payne, Inc. (HP) is currently performing well based on its current performance indicators. A quick ratio of 1.89 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 10.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.19, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 3.80 in one year’s time.
Technical Analysis of Helmerich & Payne, Inc. (HP)
The latest stats from [Helmerich & Payne, Inc., HP] show that its last 5-days average volume of 0.97 million was inferior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.17%. Additionally, its Average True Range was 1.13.
During the past 100 days, Helmerich & Payne, Inc.’s (HP) raw stochastic average was set at 75.63%, which indicates a significant increase from 18.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.38% in the past 14 days, which was lower than the 32.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.11, while its 200-day Moving Average is $39.61. Now, the first resistance to watch is $41.62. This is followed by the second major resistance level at $42.05. The third major resistance level sits at $42.59. If the price goes on to break the first support level at $40.65, it is likely to go to the next support level at $40.11. Assuming the price breaks the second support level, the third support level stands at $39.68.
Helmerich & Payne, Inc. (NYSE: HP) Key Stats
Market capitalization of the company is 4.07 billion based on 98,827K outstanding shares. Right now, sales total 2,872 M and income totals 434,100 K. The company made 677,150 K in profit during its latest quarter, and 95,170 K in sales during its previous quarter.
