The price of Helmerich & Payne, Inc (NYSE:HP) shares last traded on Wall Street rose 7.21% to $18.88.
HP stock price is now 0.02% away from the 50-day moving average and -33.62% away from the 200-day moving average. The market capitalization of the company currently stands at $1.88B.
With the price target maintained at $19, Citigroup recently Downgraded its rating from Buy to Neutral for Helmerich & Payne, Inc (NYSE: HP). On May 09, 2025, TD Cowen reiterated its ‘Hold’ rating on the stock by increasing its target price from $28 to quote $26, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, Foutch Randy A, Director bought 3,800 shares of the company’s stock on Feb 18 ’25. The stock was bought for $99,750 at an average price of $26.25. Upon completion of the transaction, the Director now directly owns 30,624 shares in the company, valued at $0.58 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, Director Chariag Belgacem bought 37,356 shares of the business’s stock. A total of $1,011,600 was incurred on buying the stock at an average price of $27.08. This leaves the insider owning 54,606 shares of the company worth $1.03 million. A total of 3.97% of the company’s stock is owned by insiders.
During the past 12 months, Helmerich & Payne, Inc has had a low of $14.65 and a high of $42.39. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 1.68, and a quick ratio of 1.32. The net profit margin was 7.04% and return on equity was 7.57% for HP.
