Helmerich & Payne, Inc. (HP)
NYSE: HP · Real-Time Price · USD
36.06
+1.63 (4.73%)
At close: Nov 22, 2024, 4:00 PM
36.33
+0.27 (0.75%)
After-hours: Nov 22, 2024, 7:49 PM EST
Helmerich & Payne Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Helmerich & Payne stock have an average target of 38.57, with a low estimate of 33 and a high estimate of 50. The average target predicts an increase of 6.96% from the current stock price of 36.06.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for HP stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 7 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 11 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 21, 2024 |
| Barclays | Barclays | Hold Maintains $39 → $36 | Hold | Maintains | $39 → $36 | -0.17% | Nov 20, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $44 → $41 | Hold | Maintains | $44 → $41 | +13.70% | Nov 15, 2024 |
| Barclays | Barclays | Hold Maintains $42 → $39 | Hold | Maintains | $42 → $39 | +8.15% | Oct 16, 2024 |
| Citigroup | Citigroup | Hold Maintains $41 → $33 | Hold | Maintains | $41 → $33 | -8.49% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
3.38B
from 2.76B
Increased by 22.65%
Revenue Next Year
3.80B
from 3.38B
Increased by 12.27%
EPS This Year
3.68
from 3.43
Increased by 7.28%
EPS Next Year
4.03
from 3.68
Increased by 9.50%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.5B | 5.3B | 3.6B | ||
| Avg | 3.4B | 3.8B | 3.4B | ||
| Low | 2.6B | 2.7B | 3.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 62.2% | 55.3% | -5.5% | ||
| Avg | 22.7% | 12.3% | -11.1% | ||
| Low | -4.6% | -19.2% | -18.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.76 | 5.06 | 5.59 | ||
| Avg | 3.68 | 4.03 | 5.12 | ||
| Low | 2.65 | 2.94 | 4.22 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.8% | 37.7% | 38.8% | ||
| Avg | 7.3% | 9.5% | 27.3% | ||
| Low | -22.7% | -19.9% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.