Economy

Stock'S Earning Overview Helmerich & Payne, Inc. (HP)

(NYSE:HP) by 21.4% during the third quarter, Holdings Channel reports. Short interest grew from 23,091,802 to 23,120,526 over that period.

Several other large investors have also recently added to or reduced their stakes in the company. Old Republic has 1.37% invested in Helmerich & Payne, Inc. (NYSE:HP) news were published by: Fool.com which released: "Forget Helmerich & Payne, Inc.: These 3 Stocks Are Better Buys" on August 22, 2017, also Nasdaq.com published article titled: "Helmerich & Payne, Inc". Meridian Wealth Management LLC bought a new stake in shares of Helmerich & Payne during the first quarter worth approximately $236,000.

In the market the company is trading up by 2.32% percent from yesterday's close.

Comerica Bank reduced its holdings in shares of Helmerich & Payne, Inc. Insiders own 3.90% of the company's stock. Moreover, Cibc Asset Mngmt Inc has 0.01% invested in Helmerich & Payne, Inc. (NYSE:HP). Ent Fin Corp owns 603 shares or 0.02% of their USA portfolio. The firm has "Hold" rating by Scotia Capital given on Thursday, March 23.

Taking a peek at some Moving Averages, the 200-day is at 37.87, the 50-day is 38.62, and the 7-day is sitting at 39.28.

Helmerich & Payne has a 52 week low of $42.16 and a 52 week high of $85.78 Helmerich & Payne's market capitalization is presently $0.

Helmerich & Payne (NYSE:HP) last announced its quarterly earnings data on Thursday, July 27th. The dividend will be $0.700 per share for the quarter which is $2.80 annualized. Return on Equity (ROE) stands at -4.1% and Return on Investment (ROI) of -0.1 percent. The company had revenue of $498.60 million for the quarter, compared to analysts' expectations of $452.42 million. During the same quarter previous year, the business posted ($0.20) EPS. (NYSE:HP). First Mercantile Tru has invested 0.17% in Helmerich & Payne, Inc.

In the last earnings report the EPS was $-1.66 and is expected to be $-1.32 for the current year with 108,581,000 shares presently outstanding.

While looking at the Stock's Performance, Helmerich & Payne, Inc. now shows a Weekly Performance of 9.39%, where Monthly Performance is 1.4%, Quarterly performance is -14.26%, 6 Months performance is -31.27% and yearly performance percentage is -21.34%. Shareholders of record on Monday, November 13th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Thursday, February 9th. Helmerich & Payne now has $5.21B valuation. (NYSE:HP) for 207,948 shares. Gendell Jeffrey L sold 232,400 shares as Citigroup Inc (Call) (C)'s stock rose 1.55%.

The new price target is $53 per share, down from $65 but still above the stock's Friday closing price of $45.48. RBC Capital Markets maintained the shares of HON in report on Friday, May 26 with "Buy" rating.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Helmerich & Payne, Inc. Helmerich & Payne had 103 analyst reports since August 3, 2015 according to SRatingsIntel. They now have a Dollars 66 price target on the stock. Four brokerages rating the company a strong buy, six brokerages rating the company a buy, fourteen brokerages rating the company a hold, seven brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $58.04. The stock has "Hold" rating by Evercore on Monday, November 16. BlackRock Inc. now owns 10,967,068 shares of the oil and gas company's stock valued at $730,077,000 after purchasing an additional 10,646,223 shares in the last quarter. Following the transaction, the chief executive officer now directly owns 147,727 shares of the company's stock, valued at $7,051,009.71. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

In other news, CEO John W. Lindsay purchased 5,000 shares of the business's stock in a transaction on Tuesday, September 12th. A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued. Murphy Capital Management Inc. now owns 4,000 shares of the oil and gas company's stock valued at $217,000 after purchasing an additional 100 shares during the period. The disclosure for this sale can be found here.

Helmerich & Payne, Inc.is engaged in contract drilling of gas and oil wells for others. The Company operates in the contract drilling industry. In its global land segment, the company now expects revenue days to be up by about 9% from Q3, with average rig margin per day now expected at about $8,500, versus its prior forecast for the Q4 revenue days to be flat with Q3 and average rig margin per day at about $7,500. The Company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology. (NYSE:HP). Thompson Inv Mgmt holds 0.11% or 7,330 shares in its portfolio.



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