Helmerich and Payne Inc (HP) Stock Forecast & Price Target
Helmerich and Payne Inc · NYSE
$42.62-1.42 (-3.22%)
15-min delayed · Sep 14, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Helmerich and Payne Inc, 4 rate it Buy or better, 5 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $27.00 to $50.00, a moderate spread. The average target of $40.60 sits 5% below the current $42.62. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.32 next quarter toward $1.48 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy440%
Hold550%
Sell110%
Strong Sell00%
Based on 10 analysts giving stock ratings to Helmerich and Payne Inc.
As of Sep, 4 of 10 firms rate HP a Buy (5 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
HP EPS & revenue forecast
EPS · NEXT QUARTER
$0.32
Range $0.04 – $0.42 · 7 analysts · -314% YoY
Next period, 7 analysts expect Helmerich and Payne Inc to earn $0.32 a share (range $0.04 – $0.42), versus $-0.15 a year earlier. Full-year consensus is $-0.16, growing to $1.48 the year after.
REVENUE · NEXT QUARTER
$1.1B
Range $1.0B – $1.1B · 7 analysts · +6% YoY
Revenue is expected to reach $1.1B (range $1.0B – $1.1B), +5.8% year-over-year. Full-year consensus is $4.1B, rising to $4.3B next year.
Top analysts covering Helmerich and Payne Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on HP.
#1
Scott Gruber
Citigroup · Rank #17
Hold
$48.00+12.6% to target
Overall win rate
59%
+ Follow
#2
Neil Mehta
Goldman Sachs · Rank #82
Hold
$41.00-3.8% to target
Overall win rate
42%
+ Follow
#3
Keith Mackey
RBC Capital · Rank #129
Hold
$44.00+3.2% to target
Overall win rate
51%
+ Follow
#4
CM
Charles Minervino
Susquehanna
Buy
$44.00+3.2% to target
Coverage
—
+ Follow
#5
EK
Eddie Kim
Barclays
Buy
$50.00+17.3% to target
Coverage
—
+ Follow
HP stock forecast FAQ
What is HP's average 12-month price target?+
The 10 analysts with a live target average $40.60 for Helmerich and Payne Inc over the next 12 months, ranging from a $50.00 high to a $27.00 low.
Is HP stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 4 are Buy or Strong Buy, 5 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for HP?+
The Street-high target is $50.00 (Barclays), and the Street-low is $27.00 (Evercore ISI Group). The average of all 10 active targets is $40.60.
How many Wall Street analysts cover HP?+
10 analysts have an active rating on Helmerich and Payne Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering HP?+
Among analysts who currently cover HP, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #17). Their current call is Hold with a $48.00 target.
What is Helmerich and Payne Inc's projected EPS for next quarter?+
The consensus estimate is $0.32 per share (range $0.04 – $0.42) across 7 analysts. Full-year EPS is projected at $-0.16, rising to $1.48 the following year.
How much revenue is Helmerich and Payne Inc expected to report next quarter?+
Consensus revenue is $1.1B (range $1.0B – $1.1B). Full-year revenue is projected at $4.1B, growing to $4.3B next year.
Have analysts been upgrading or downgrading HP lately?+
As of Sep, 4 of 10 firms rate HP a Buy (5 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their HP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
