Helmerich & Payne, Inc. (HP)
NYSE: HP · IEX Real-Time Price · USD
40.85
-0.35 (-0.85%)
At close: Apr 17, 2024, 4:00 PM
41.87
+1.02 (2.50%)
Pre-market: Apr 18, 2024, 8:06 AM EDT
Helmerich & Payne Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Helmerich & Payne stock have an average target of 43.33, with a low estimate of 33 and a high estimate of 52. The average target predicts an increase of 6.07% from the current stock price of 40.85.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for HP stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 4 | 3 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | +2.82% | Apr 16, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +27.29% | Apr 8, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $50 | Buy | Maintains | $50 | +22.40% | Apr 1, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $41 → $44 | Hold | Maintains | $41 → $44 | +7.71% | Feb 20, 2024 |
| Susquehanna | Susquehanna | Buy Reiterates $50 | Buy | Reiterates | $50 | +22.40% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
2.84B
from 2.87B
Decreased by -1.23%
Revenue Next Year
3.00B
from 2.84B
Increased by 5.85%
EPS This Year
3.71
from 4.16
Decreased by -10.77%
EPS Next Year
4.10
from 3.71
Increased by 10.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 3.2B | 3.4B | 3.3B | 3.2B |
| Avg | 2.8B | 3.0B | 3.2B | 3.2B | 3.2B |
| Low | 2.6B | 2.7B | 2.7B | 3.0B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1% | 14.2% | 13.4% | 4.7% | 0.4% |
| Avg | -1.2% | 5.9% | 4.9% | 1.7% | -1.5% |
| Low | -10.2% | -5.6% | -10.7% | -4.3% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.59 | 6.35 | 6.27 | 4.44 | 4.08 |
| Avg | 3.71 | 4.10 | 4.48 | 4.36 | 4.01 |
| Low | 3.03 | 3.01 | 2.12 | 4.15 | 3.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.3% | 71.1% | 52.8% | -0.8% | -6.3% |
| Avg | -10.8% | 10.5% | 9.2% | -2.7% | -8.0% |
| Low | -27.2% | -18.9% | -48.4% | -7.4% | -12.5% |
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.