Now that Helmerich & Payne, Inc.’s volume has hit 1.16 million, investors get a glimpse of its size.

On Tuesday, Helmerich & Payne, Inc. (NYSE: HP) was -3.65% down from the session before settling in for the closing price of $40.82. A 52-week range for HP has been $29.73 – $46.13.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Energy sector has jumped its sales by 10.61% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -15.57%. With a float of $95.11 million, this company’s outstanding shares have now reached $99.43 million.

In an organization with 6200 employees, it is important to assess its efficiency.

Helmerich & Payne, Inc. (HP) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Helmerich & Payne, Inc. stocks. The insider ownership of Helmerich & Payne, Inc. is 3.66%, while institutional ownership is 107.67%. The most recent insider transaction that took place on Apr 29 ’24, was worth 647,840. In this transaction SENIOR VP AND CFO of this company sold 16,000 shares at a rate of $40.49, taking the stock ownership to the 144,870 shares. Before that another transaction happened on Apr 29 ’24, when Company’s SVP, CORP. SERVICES & CLO sold 9,910 for $40.22, making the entire transaction worth $398,580. This insider now owns 137,764 shares in total.

Helmerich & Payne, Inc. (HP) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 1.09 earnings per share (EPS) during the time that was better than consensus figure (set at 0.91) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -15.57% per share during the next fiscal year.

Helmerich & Payne, Inc. (NYSE: HP) Trading Performance Indicators

You can see what Helmerich & Payne, Inc. (HP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 10.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.48, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 3.76 in one year’s time.

Technical Analysis of Helmerich & Payne, Inc. (HP)

Let’s dig in a bit further. During the last 5-days, its volume was 1.54 million. That was better than the volume of 1.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.88%. Additionally, its Average True Range was 1.35.

During the past 100 days, Helmerich & Payne, Inc.’s (HP) raw stochastic average was set at 59.97%, which indicates a significant increase from 7.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.49% in the past 14 days, which was lower than the 33.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.72, while its 200-day Moving Average is $39.84. However, in the short run, Helmerich & Payne, Inc.’s stock first resistance to watch stands at $40.20. Second resistance stands at $41.06. The third major resistance level sits at $41.56. If the price goes on to break the first support level at $38.84, it is likely to go to the next support level at $38.34. Assuming the price breaks the second support level, the third support level stands at $37.48.

Helmerich & Payne, Inc. (NYSE: HP) Key Stats

There are 98,725K outstanding shares of the company, which has a market capitalization of 3.88 billion. As of now, sales total 2,872 M while income totals 434,100 K. Its latest quarter income was 687,940 K while its last quarter net income were 84,830 K.