Helmerich & Payne, Inc. (HP)
NYSE: HP · IEX Real-Time Price · USD
35.69
-0.05 (-0.14%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Helmerich & Payne Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Helmerich & Payne stock have an average target of 42.88, with a low estimate of 33 and a high estimate of 50. The average target predicts an increase of 20.15% from the current stock price of 35.69.
Analyst Consensus: Hold
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for HP stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 7 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $44 → $39 | Hold | Maintains | $44 → $39 | +9.27% | May 6, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $52 → $50 | Buy | Maintains | $52 → $50 | +40.10% | Apr 26, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 25, 2024 |
| Citigroup | Citigroup | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | +17.68% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
2.80B
from 2.87B
Decreased by -2.45%
Revenue Next Year
2.96B
from 2.80B
Increased by 5.67%
EPS This Year
3.52
from 4.16
Decreased by -15.38%
EPS Next Year
3.81
from 3.52
Increased by 8.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9B | 3.2B | 3.3B | 3.6B | 3.4B |
| Avg | 2.8B | 3.0B | 3.1B | 3.4B | 3.4B |
| Low | 2.6B | 2.6B | 2.7B | 3.1B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1% | 13.6% | 12.5% | 14.8% | 2.2% |
| Avg | -2.5% | 5.7% | 5.5% | 8.0% | -0.2% |
| Low | -8.3% | -6.7% | -7.6% | -0.7% | -5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.22 | 4.76 | 5.55 | 5.59 | 6.03 |
| Avg | 3.52 | 3.81 | 4.25 | 5.12 | 5.69 |
| Low | 3.09 | 2.53 | 2.13 | 4.22 | 5.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5% | 35.1% | 45.8% | 31.6% | 17.7% |
| Avg | -15.4% | 8.2% | 11.4% | 20.7% | 11.1% |
| Low | -25.8% | -28.2% | -44.2% | -0.5% | 1.6% |
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.