stock.name

Helmerich & Payne, Inc.

HP

Market Cap$3.37B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Helmerich & Payne, Inc.Helmerich & Payne, Inc.9.65.06%12%1.20.2

Earnings Call Q2 2023

April 27, 2023 - AI Summary

Helmerich & Payne achieved its goal of achieving direct margins of 50% in the North America Solutions segment, leading to an annualized mid-teens return on invested capital for the first time since 2014.
The company expects a short-term decline in rig activity due to weakness in natural gas prices and customer budgetary constraints. However, they anticipate an improving rig count in the second half of the calendar year and a buying season in Q4.
Approximately 70% of the rigs being dropped are from private companies, while some may be replaced by lower-cost rigs, the focus remains on maintaining pricing to preserve returns.

Exclusive for Stockcircle Pro members

Sign upSign Up
$39.00

Target Price by Analysts

16.9% upsideHelmerich & Payne Target Price DetailsTarget Price
$67.23

Current Fair Value

101.6% upside

Undervalued by 101.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$3.37 Billion
Enterprise Value$3.64 Billion
Dividend Yield$1.73 (5.06%)
Earnings per Share$3.51
Beta0.0
Outstanding Shares98,724,737
Avg 30 Day Volume883,446

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio9.63
PEG-20.24
Price to Sales1.24
Price to Book Ratio1.19
Enterprise Value to Revenue1.32
Enterprise Value to EBIT8.03
Enterprise Value to Net Income10
Total Debt to Enterprise0.15
Debt to Equity0.19

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Helmerich & Payne, Inc.

CEO: John Lindsay