Helmerich & Payne, Inc (NYSE: HP) on Tuesday, soared 0.20% from the previous trading day, before settling in for the closing price of $35.18. Within the past 52 weeks, HP’s price has moved between $29.46 and $43.70.
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A company in the Energy sector has jumped its sales by 7.30% annually for the last half of the decade. The company achieved an average annual earnings per share of -10.54%. With a float of $95.16 million, this company’s outstanding shares have now reached $98.76 million.
In an organization with 7000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 26.47%, operating margin of 16.23%, and the pretax margin is 17.45%.
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 3.64%, while institutional ownership is 108.09%. The most recent insider transaction that took place on Sep 27 ’24, was worth 99,627. In this transaction SENIOR VP AND CFO of this company bought 3,300 shares at a rate of $30.19, taking the stock ownership to the 3,300 shares. Before that another transaction happened on Apr 29 ’24, when Company’s SENIOR VP AND CFO sold 16,000 for $40.49, making the entire transaction worth $647,840. This insider now owns 144,870 shares in total.
Helmerich & Payne, Inc (HP) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -10.54% 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 2.38 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 1.26. Likewise, its price to free cash flow for the trailing twelve months is 18.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.42, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.64 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 1.22 million. That was inferior than the volume of 1.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.71%. Additionally, its Average True Range was 1.28.
During the past 100 days, Helmerich & Payne, Inc’s (HP) raw stochastic average was set at 44.06%, which indicates a significant decrease from 64.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.03% in the past 14 days, which was lower than the 42.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.21, while its 200-day Moving Average is $36.51. However, in the short run, Helmerich & Payne, Inc’s stock first resistance to watch stands at $35.82. Second resistance stands at $36.39. The third major resistance level sits at $36.98. If the price goes on to break the first support level at $34.66, it is likely to go to the next support level at $34.07. Assuming the price breaks the second support level, the third support level stands at $33.50.
Helmerich & Payne, Inc (NYSE: HP) Key Stats
Market capitalization of the company is 3.48 billion based on 98,755K outstanding shares. Right now, sales total 2,757 M and income totals 344,170 K. The company made 693,790 K in profit during its latest quarter, and 75,480 K in sales during its previous quarter.
