Helmerich & Payne, Inc. (HP)
NYSE: HP · Real-Time Price · USD
30.72
+0.22 (0.72%)
Dec 24, 2024, 1:00 PM EST - Market closed
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 25.55% from the current stock price of 30.72.
Analyst Consensus: Hold
* Price targets were last updated on Nov 20, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 9 | 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 | +17.19% | Nov 20, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $44 → $41 | Hold | Maintains | $44 → $41 | +33.46% | Nov 15, 2024 |
| Barclays | Barclays | Hold Maintains $42 → $39 | Hold | Maintains | $42 → $39 | +26.95% | Oct 16, 2024 |
| Citigroup | Citigroup | Hold Maintains $41 → $33 | Hold | Maintains | $41 → $33 | +7.42% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
3.39B
from 2.76B
Increased by 23.09%
Revenue Next Year
3.77B
from 3.39B
Increased by 11.05%
EPS This Year
3.18
from 3.43
Decreased by -7.14%
EPS Next Year
3.76
from 3.18
Increased by 18.10%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.2B | 4.8B | 4.8B | ||
| Avg | 3.4B | 3.8B | 3.8B | ||
| Low | 2.7B | 2.7B | 2.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 53.1% | 40.4% | 28.7% | ||
| Avg | 23.1% | 11.1% | 1.3% | ||
| Low | -2.7% | -19.9% | -27.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.92 | 4.37 | 3.64 | ||
| Avg | 3.18 | 3.76 | 3.57 | ||
| Low | 2.43 | 2.74 | 3.40 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.3% | 37.3% | -3.0% | ||
| Avg | -7.1% | 18.1% | -4.9% | ||
| Low | -29.0% | -13.9% | -9.5% |
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.