Helmerich & Payne (HP) Stock Forecast, Price Target & Predictions
HP Stock Forecast
Helmerich & Payne stock forecast is as follows: an average price target of $48.50 (represents a 59.28% upside from HP’s last price of $30.45) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.
HP Price Target
HP Analyst Ratings
Hold
Helmerich & Payne Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 26, 2024 | Keith Mackey | RBC Capital | $50.00 | $41.40 | 20.77% | 64.20% |
Jul 25, 2024 | Stewart Glickman | CFRA | $47.00 | $40.57 | 15.85% | 54.35% |
May 06, 2024 | Luke Lemoine | Piper Sandler | $39.00 | $38.47 | 1.38% | 28.08% |
Feb 01, 2023 | Susquehanna | $72.00 | $45.12 | 59.59% | 136.45% | |
Nov 21, 2022 | Morgan Stanley | $60.00 | $51.05 | 17.53% | 97.04% | |
Nov 18, 2022 | Charles Minervino | Susquehanna | $65.00 | $52.06 | 24.86% | 113.46% |
Aug 01, 2022 | Morgan Stanley | $48.00 | $44.77 | 7.23% | 57.64% | |
Aug 01, 2022 | Barclays | $58.00 | $46.30 | 25.27% | 90.48% | |
Jul 13, 2022 | Morgan Stanley | $45.00 | $39.04 | 15.27% | 47.78% | |
Jul 13, 2022 | Goldman Sachs | $38.00 | $39.10 | -2.81% | 24.79% | |
Jul 06, 2022 | Citigroup | $49.00 | $40.25 | 21.74% | 60.92% | |
Jun 17, 2022 | Charles Minervino | Susquehanna | $62.00 | $38.86 | 59.55% | 103.61% |
Jun 07, 2022 | Ian Macpherson | Piper Sandler | $53.00 | $52.78 | 0.42% | 74.06% |
May 02, 2022 | Morgan Stanley | $50.00 | $46.17 | 8.30% | 64.20% | |
May 02, 2022 | Barclays | $52.00 | $46.03 | 12.97% | 70.77% | |
Apr 29, 2022 | RBC Capital | $62.00 | $48.05 | 29.03% | 103.61% | |
Apr 16, 2022 | Douglas Becker | Benchmark Co. | $53.00 | $48.87 | 8.45% | 74.06% |
Mar 17, 2022 | Tom Curran | Seaport Global | $50.00 | $40.43 | 23.67% | 64.20% |
Nov 19, 2021 | Chase Mulvehill | Bank of America Securities | $29.00 | $24.24 | 19.64% | -4.76% |
May 13, 2021 | Neil Mehta | Goldman Sachs | $27.00 | $27.48 | -1.75% | -11.33% |
Helmerich & Payne Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $45.33 |
Last Closing Price | $30.45 | $30.45 | $30.45 |
Upside/Downside | -100.00% | -100.00% | 48.87% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 26, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
May 06, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Apr 25, 2024 | RBC Capital | Underperform | Underperform | Hold |
Apr 25, 2024 | Susquehanna | Sector Perform | Sector Perform | Hold |
Apr 16, 2024 | Citigroup | Neutral | Neutral | Hold |
Apr 01, 2024 | Susquehanna | Sector Perform | Sector Perform | Hold |
Apr 01, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
Feb 20, 2024 | Susquehanna | Sector Perform | Sector Perform | Hold |
Feb 20, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
Jan 12, 2024 | Goldman Sachs | Sell | Sell | Hold |
Jan 10, 2024 | Barclays | Overweight | Equal-Weight | Downgrade |
Apr 18, 2023 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
Feb 01, 2023 | Susquehanna | Positive | Positive | Hold |
Jan 09, 2023 | Janney Montgomery | Neutral | Downgrade | |
Jan 09, 2023 | Credit Suisse | Neutral | Downgrade | |
Jan 09, 2023 | Morgan Stanley | Below Average | Equal-Weight | Upgrade |
Jan 09, 2023 | Wells Fargo | Overweight | Upgrade | |
Jan 09, 2023 | Raymond James | Market Perform | Downgrade | |
Jan 09, 2023 | Wolfe Research | Outperform | Upgrade | |
Jan 09, 2023 | Goldman Sachs | Sell | Buy | Upgrade |
Jan 09, 2023 | Jefferies | Hold | Downgrade | |
Jan 09, 2023 | Susquehanna | Positive | Neutral | Downgrade |
Jan 09, 2023 | Wedbush | Neutral | Downgrade | |
Jan 09, 2023 | RBC Capital | Outperform | Sector Perform | Downgrade |
Jan 09, 2023 | Piper Sandler | Overweight | Underweight | Downgrade |
Jan 09, 2023 | Bank of America Securities | Buy | Upgrade | |
Nov 18, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Nov 18, 2022 | Susquehanna | Positive | Positive | Hold |
Sep 26, 2022 | Morgan Stanley | Underweight | Below Average | Upgrade |
Aug 01, 2022 | Barclays | Overweight | Overweight | Hold |
Jul 14, 2022 | Barclays | Equal-Weight | Overweight | Upgrade |
Jul 13, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
Jul 13, 2022 | Goldman Sachs | Sell | Sell | Hold |
Jul 06, 2022 | Citigroup | Neutral | Neutral | Hold |
Jun 08, 2022 | Susquehanna | Positive | Positive | Hold |
Jun 01, 2022 | Piper Sandler | Neutral | Neutral | Hold |
May 02, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
May 02, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
Apr 29, 2022 | RBC Capital | Outperform | Outperform | Hold |
Apr 13, 2022 | Benchmark | Above Average | Above Average | Hold |
Mar 17, 2022 | Seaport Global | Buy | Upgrade |
Helmerich & Payne Financial Forecast
Helmerich & Payne Revenue Forecast
Quarter
Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $677.15M | $659.61M | $723.96M | $769.22M | $719.64M | $631.33M | $550.23M | $467.60M | $409.78M | $343.81M |
Avg Forecast | $1.17B | $1.17B | $1.16B | $1.15B | $1.15B | $1.17B | $1.16B | $1.14B | $1.15B | $754.60M | $742.13M | $726.02M | $729.58M | $719.08M | $705.70M | $693.48M | $691.49M | $695.99M | $670.78M | $682.51M | $661.81M | $662.17M | $705.71M | $749.66M | $698.87M | $599.62M | $520.53M | $444.98M | $389.89M | $350.02M |
High Forecast | $1.23B | $1.24B | $1.22B | $1.21B | $1.21B | $1.24B | $1.22B | $1.20B | $1.21B | $795.53M | $782.38M | $765.40M | $769.15M | $758.08M | $743.98M | $740.61M | $698.35M | $702.17M | $670.78M | $682.51M | $697.70M | $680.19M | $743.98M | $790.32M | $736.77M | $599.62M | $520.53M | $444.98M | $389.89M | $350.02M |
Low Forecast | $1.09B | $1.09B | $1.08B | $1.07B | $1.07B | $1.09B | $1.08B | $1.06B | $1.07B | $703.11M | $691.49M | $676.48M | $679.79M | $670.02M | $657.55M | $630.19M | $679.16M | $689.81M | $670.78M | $682.51M | $616.65M | $641.27M | $657.55M | $698.51M | $651.18M | $599.62M | $520.53M | $444.98M | $389.89M | $350.02M |
# Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.03% | 1.03% | 1.03% | 1.05% | 1.06% | 1.05% | 1.05% | 0.98% |
Forecast
Helmerich & Payne EBITDA Forecast
Quarter
Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $214.87M | $205.54M | $226.44M | $261.68M | $238.92M | $64.12M | $125.69M | $76.14M | $47.62M | $3.56M |
Avg Forecast | $184.20M | $185.07M | $182.65M | $180.99M | $181.71M | $184.87M | $182.46M | $179.26M | $181.52M | $118.99M | $117.02M | $114.48M | $115.04M | $113.39M | $111.28M | $109.35M | $109.04M | $109.75M | $105.77M | $141.12M | $104.35M | $104.41M | $111.28M | $150.93M | $56.66M | $131.68M | $114.31M | $137.21M | $85.62M | $76.87M |
High Forecast | $194.20M | $195.11M | $192.56M | $190.81M | $191.57M | $194.90M | $192.35M | $188.99M | $191.36M | $125.44M | $123.37M | $120.69M | $121.28M | $119.54M | $117.31M | $116.78M | $110.12M | $110.72M | $105.77M | $169.34M | $110.02M | $107.25M | $117.31M | $181.11M | $67.99M | $131.68M | $114.31M | $164.65M | $85.62M | $76.87M |
Low Forecast | $171.64M | $172.44M | $170.19M | $168.64M | $169.31M | $172.25M | $170.01M | $167.03M | $169.13M | $110.87M | $109.04M | $106.67M | $107.19M | $105.65M | $103.68M | $99.37M | $107.09M | $108.77M | $105.77M | $112.89M | $97.23M | $101.12M | $103.68M | $120.74M | $45.33M | $131.68M | $114.31M | $109.77M | $85.62M | $76.87M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.06% | 1.97% | 2.03% | 1.73% | 4.22% | 0.49% | 1.10% | 0.55% | 0.56% | 0.05% |
Forecast
Helmerich & Payne Net Income Forecast
Quarter
Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $95.17M | $77.62M | $95.28M | $164.04M | $97.14M | $45.54M | $17.75M | $-4.62M | $-51.33M | $-79.16M |
Avg Forecast | $80.28M | $81.85M | $77.21M | $75.86M | $77.61M | $115.82M | $110.87M | $103.94M | $104.93M | $95.56M | $89.61M | $83.88M | $91.21M | $84.93M | $78.46M | $74.21M | $68.74M | $79.26M | $75.96M | $-6.69M | $72.48M | $71.26M | $88.92M | $-7.15M | $-61.11M | $46.15M | $7.11M | $-6.50M | $-49.47M | $-49.79M |
High Forecast | $85.94M | $87.62M | $82.65M | $81.21M | $83.08M | $123.99M | $118.69M | $111.27M | $112.33M | $102.30M | $95.93M | $89.80M | $97.64M | $90.92M | $83.99M | $88.44M | $83.32M | $80.68M | $75.97M | $-5.35M | $77.59M | $72.20M | $95.19M | $-5.72M | $-48.89M | $46.15M | $7.11M | $-5.20M | $-49.47M | $-49.79M |
Low Forecast | $73.15M | $74.59M | $70.36M | $69.13M | $70.73M | $105.55M | $101.04M | $94.72M | $95.63M | $87.08M | $81.66M | $76.44M | $83.12M | $77.40M | $71.50M | $66.08M | $43.74M | $77.84M | $75.94M | $-8.02M | $66.05M | $56.26M | $81.04M | $-8.58M | $-73.33M | $46.15M | $7.11M | $-7.80M | $-49.47M | $-49.79M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 1.09% | 1.07% | -22.94% | -1.59% | 0.99% | 2.50% | 0.71% | 1.04% | 1.59% |
Forecast
Helmerich & Payne SG&A Forecast
Quarter
Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.58M | $56.08M | $49.27M | $52.85M | $48.45M | $46.67M | $44.93M | $47.05M | $43.72M | $51.82M |
Avg Forecast | $113.34M | $113.87M | $112.38M | $111.36M | $111.80M | $113.75M | $112.26M | $110.30M | $111.68M | $73.21M | $72.00M | $70.44M | $70.78M | $69.76M | $68.47M | $67.28M | $67.09M | $67.52M | $65.08M | $63.22M | $64.21M | $64.24M | $68.47M | $67.62M | $52.01M | $55.85M | $48.49M | $61.47M | $36.32M | $32.60M |
High Forecast | $119.48M | $120.04M | $118.48M | $117.40M | $117.87M | $119.92M | $118.35M | $116.28M | $117.74M | $77.18M | $75.91M | $74.26M | $74.62M | $73.55M | $72.18M | $71.85M | $67.75M | $68.12M | $65.08M | $75.87M | $67.69M | $65.99M | $72.18M | $81.14M | $62.41M | $55.85M | $48.49M | $73.76M | $36.32M | $32.60M |
Low Forecast | $105.60M | $106.10M | $104.71M | $103.76M | $104.17M | $105.98M | $104.60M | $102.77M | $104.06M | $68.21M | $67.09M | $65.63M | $65.95M | $65.00M | $63.79M | $61.14M | $65.89M | $66.92M | $65.08M | $50.58M | $59.83M | $62.21M | $63.79M | $54.09M | $41.61M | $55.85M | $48.49M | $49.18M | $36.32M | $32.60M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.87% | 0.72% | 0.78% | 0.93% | 0.84% | 0.93% | 0.77% | 1.20% | 1.59% |
Forecast
Helmerich & Payne EPS Forecast
Quarter
Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.96 | $0.78 | $0.94 | $1.55 | $0.92 | $0.42 | $0.16 | $-0.04 | $-0.48 | $-0.74 |
Avg Forecast | $0.81 | $0.83 | $0.78 | $0.77 | $0.78 | $1.17 | $1.12 | $1.05 | $1.06 | $0.97 | $0.91 | $0.85 | $0.92 | $0.86 | $0.79 | $0.75 | $0.69 | $0.80 | $0.77 | $0.85 | $0.73 | $0.72 | $0.90 | $1.06 | $0.82 | $0.47 | $0.07 | $-0.29 | $-0.50 | $-0.50 |
High Forecast | $0.87 | $0.89 | $0.83 | $0.82 | $0.84 | $1.25 | $1.20 | $1.12 | $1.13 | $1.03 | $0.97 | $0.91 | $0.99 | $0.92 | $0.85 | $0.89 | $0.84 | $0.82 | $0.77 | $0.85 | $0.78 | $0.73 | $0.96 | $1.13 | $0.88 | $0.47 | $0.07 | $-0.29 | $-0.50 | $-0.50 |
Low Forecast | $0.74 | $0.75 | $0.71 | $0.70 | $0.71 | $1.07 | $1.02 | $0.96 | $0.97 | $0.88 | $0.82 | $0.77 | $0.84 | $0.78 | $0.72 | $0.67 | $0.44 | $0.79 | $0.77 | $0.85 | $0.67 | $0.57 | $0.82 | $0.97 | $0.75 | $0.47 | $0.07 | $-0.29 | $-0.50 | $-0.50 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 1.08% | 1.05% | 1.46% | 1.12% | 0.90% | 2.23% | 0.15% | 0.96% | 1.47% |
Forecast
Helmerich & Payne Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
BORR | Borr Drilling | $3.81 | $9.00 | 136.22% | Buy |
PTEN | Patterson-UTI Energy | $7.34 | $12.63 | 72.07% | Buy |
NBR | Nabors Industries | $59.85 | $95.00 | 58.73% | Buy |
NE | Noble | $30.27 | $48.00 | 58.57% | Buy |
HP | Helmerich & Payne | $32.64 | $48.50 | 48.59% | Hold |
RIG | Transocean | $3.67 | $5.00 | 36.24% | Buy |
PDS | Precision Drilling | $58.46 | $71.33 | 22.02% | Buy |