HP stock: buy or sell?

HP stock price: $44.90 -1.25% At close on February 21st, 2020

Updated on:
February 21st, 2020

3

Helmerich & Payne shares depreciated -1.25% to $44.90 today.

Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.

Should I buy HP stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Helmerich & Payne stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Helmerich & Payne stock a buy?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't detect any rating for HP stock for the last 30 days.

HP stock analysis

Daily outlook

Helmerich & Payne closed today at $44.90 and depreciated an awful -1.25%.

Shares of Helmerich & Payne depreciated an awful -1.25% and closed at $44.90. Since last February 10th when HP stock price broke up the SMA200d line, it gained $2.25 (5.28%). From a daily perspective, HP is in a short term uptrend after plotting its last bottom ($44.15, on Tuesday) higher than the previous bottom, and its last top ($46.37, yesterday) also over the previous top. Now trading in between its last bottom and last top HP might consolidate in a plain range, waiting to break out over $46.37 or down under $44.15. Since December when SMA50d and SMA100d crossed up, HP price gained $2.35 per share (5.52%).

HP stock chart (daily)

Weekly outlook

After boosting an extraordinary 5.87% in a week last week, Helmerich & Payne closed this week at $44.90 and depreciated a bad -0.90%. Late January HP plummed a chilling -6.86% in just one week.

Observing the weekly chart, HP marked an uptrend of rising tops and rising bottoms. Since its last top early January at $46.56, price slid and bounced up back from $38.37. Breaking down under $38.37 would cancel the current uptrend and it might test lower supports. Note that $46.56 might act as a resistance line. Since price and SMA40w lines crossed up early February, HP climbed $5.01 (12.56%). Early December, SMA10w and SMA20w crossed up triggering a rise of 12.19%.

HP stock chart (weekly)

HP stock price history

HP stock went public on October 15th, 1980 with a price of $2.141. Since then, HP stock grew a 1,998.10%, with a yearly average of 51.20%. If you had invested right after HP's IPO a $1,000 in HP stock in 1980, it would worth $19,981.00 today.

1: Adjusted price after possible price splits or reverse-splits.

HP stock historical price chart

HP stock reached 52-week highs on April at $59.81, and all-time highs 2014-07-02 with a price of 88.93.

HP stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Helmerich & Payne stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, Helmerich & Payne . Unfortunately, reported EPS is not yet available in our database.
HP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.4n/a
2017-Q3-n/a0.45n/a
2017-Q42018-01-25-0.13-0.02n/a
2018-Q12018-04-26-0.05-0.05n/a
2018-Q22018-07-250.03-0.01n/a
2018-Q32018-11-150.180.195.6%
2018-Q42019-01-290.280.3214.3%
2019-Q12019-04-240.38n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a hair-raising slide of -95.22% to $2,487.27 million USD. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) climbed a 14.55% to 19.41%.

Helmerich & Payne presents anual results in September, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Helmerich & Payne TTM sales up to March 2019 were $2,807.16 and income $74.30 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Helmerich & Payne business evolution since September 2018: Annual sales up to March, compared to lastest yearly report, rocketed an amazing 12.86%. Regarding profit margin, Helmerich & Payne plunged -16.76% to 19.41%

HP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,390 M-$718 M21.2%-
2014$3,720 M9.73%$709 M19.1%-1.24%
2014$56,651 M1,423.00%$5,013 M8.8%607.33%
2015$3,165 M-94.41%$422 M13.3%-91.58%
2015$51,463 M1,525.78%$4,554 M8.8%978.57%
2016$1,624 M-96.84%$-56.83 M-3.5%-101.25%
2016$48,238 M2,869.90%$2,496 M5.2%-4,492.20%
2017$1,805 M-96.26%$-128.21 M-7.1%-105.14%
2017$52,056 M2,784.40%$2,526 M4.9%-2,070.17%
2018$2,487 M-95.22%$483 M19.4%-80.89%
TTM $2,807 M12.86%$74 M2.6%-84.61%

Quarterly financial results

Helmerich & Payne posted $720.87 M in sales for 2019-Q1, a -2.66% decline compared to previous quarter. Reported quarter income marked $60.89 million with a profit margin of 8.45%. Profit margin escalated a 5.89% compared to previous quarter when profit margin was 2.56%. When comparing revenues to same quarter last year, Helmerich & Payne sales marked an extraordinary gain and boosted a 24.83%.
HP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$499 M-$-24 M-4.7%-
2017-Q3$532 M6.77%$-23 M-4.2%-4.44%
2017-Q4$564 M5.97%$500 M88.7%-2,319.54%
2018-Q1$577 M2.37%$-12 M-2.1%-102.38%
2018-Q2$649 M12.36%$-8 M-1.2%-32.59%
2018-Q3$697 M7.39%$2 M0.4%-130.63%
2018-Q4$741 M6.28%$19 M2.6%672.89%
2019-Q1$721 M-2.66%$61 M8.4%221.17%

Helmerich & Payne ownership

When you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.

Helmerich & Payne shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.06% of all shares.

Bearish positions for HP stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Helmerich & Payne:

HP
Market cap$4.9 B
Total shares108.9 M
Float shares105.5 M
  - Institutional holdings (%)94.7%
  - Insider holdings (%)3.1%
Shares in short selling0.0%

HP summary

Friday, February 21st, 2020
Open$44.79
Close$44.90
Day range$43.63 - $45.02
Previous close$45.47
Session gain-1.25%
Average true range$1.53
50d mov avg$43.37
100d mov avg$40.53
200d mov avg$42.38
Daily patternlt06a
Weekly pattern lb03a

Helmerich & Payne performance

To better understand Helmerich & Payne performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Helmerich & Payne against in the following table:
Stock3m6m12m
HPHelmerich & Payne17.02%27.56%-11.60%

Helmerich & Payne competitors

Unfortunately, we could not find any public company that could be defined as Helmerich & Payne competitor. This doesn't mean Helmerich & Payne does not have any competitor in the market, it's just we could not detected it.

    Latest HP stock news