$1.94M in average volume shows that Helmerich & Payne, Inc (HP) is heading in the right direction

Helmerich & Payne, Inc (NYSE: HP) on Friday, soared 2.89% from the previous trading day, before settling in for the closing price of $16.28. Within the past 52 weeks, HP’s price has moved between $14.65 and $42.39.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Energy sector was -0.30%. The company achieved an average annual earnings per share of -61.64%. With a float of $95.47 million, this company’s outstanding shares have now reached $99.42 million.

Considering the fact that the conglomerate employs 7000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.39%, operating margin of 11.35%, and the pretax margin is 11.66%.

Helmerich & Payne, Inc (HP) Insider Activity

Observing investor behavior towards Oil & Gas Drilling industry stocks is more important than anything else. The insider ownership of Helmerich & Payne, Inc is 3.97%, while institutional ownership is 101.50%. The most recent insider transaction that took place on Feb 18 ’25, was worth 99,750. In this transaction Director of this company bought 3,800 shares at a rate of $26.25, taking the stock ownership to the 30,624 shares. Before that another transaction happened on Feb 10 ’25, when Company’s Director bought 37,356 for $27.08, making the entire transaction worth $1,011,600. This insider now owns 54,606 shares in total.

Helmerich & Payne, Inc (HP) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -61.64% 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 1.32 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 0.54. Likewise, its price to free cash flow for the trailing twelve months is 22.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.19, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.21 in one year’s time.

Technical Analysis of Helmerich & Payne, Inc (HP)

Compared to the last year’s volume of 1.85 million, its volume of 2.2 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.58%. Additionally, its Average True Range was 0.88.

During the past 100 days, Helmerich & Payne, Inc’s (HP) raw stochastic average was set at 9.27%, which indicates a significant decrease from 73.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.85% in the past 14 days, which was lower than the 68.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.17, while its 200-day Moving Average is $28.59. Nevertheless, the first resistance level for the watch stands at $17.05 in the near term. At $17.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.64. If the price goes on to break the first support level at $16.46, it is likely to go to the next support level at $16.18. Should the price break the second support level, the third support level stands at $15.87.

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

Market capitalization of the company is 1.67 billion based on 99,420K outstanding shares. Right now, sales total 2,757 M and income totals 344,170 K. The company made 1,016 M in profit during its latest quarter, and 1,650 K in sales during its previous quarter.

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