Media headlines about Helmerich & Payne (NYSE:HP) have trended somewhat positive on Tuesday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Helmerich & Payne earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 46.6058035526641 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Several equities research analysts have recently weighed in on the company. B. Riley reissued a “neutral” rating on shares of Helmerich & Payne in a report on Wednesday, November 1st. Zacks Investment Research downgraded Helmerich & Payne from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Sanford C. Bernstein downgraded Helmerich & Payne from an “outperform” rating to a “market perform” rating in a report on Monday, January 29th. Societe Generale raised Helmerich & Payne from a “hold” rating to a “buy” rating in a report on Monday, January 29th. Finally, Argus increased their price objective on Helmerich & Payne from $65.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Seven investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have issued a buy rating to the company’s stock. Helmerich & Payne currently has an average rating of “Hold” and a consensus price target of $57.68.

Shares of Helmerich & Payne (NYSE HP) traded down $0.91 during midday trading on Tuesday, hitting $63.73. The company had a trading volume of 2,739,487 shares, compared to its average volume of 2,145,357. The company has a current ratio of 3.28, a quick ratio of 2.89 and a debt-to-equity ratio of 0.11. Helmerich & Payne has a 52-week low of $42.16 and a 52-week high of $75.02. The firm has a market capitalization of $6,926.10, a P/E ratio of 17.32 and a beta of 1.27.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings data on Thursday, January 25th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.14. The firm had revenue of $564.10 million during the quarter, compared to analysts’ expectations of $547.64 million. Helmerich & Payne had a negative return on equity of 1.90% and a net margin of 20.30%. Helmerich & Payne’s revenue was up 53.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.33) earnings per share. research analysts expect that Helmerich & Payne will post -0.08 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Monday, February 12th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.39%. The ex-dividend date is Friday, February 9th. Helmerich & Payne’s payout ratio is 76.09%.

In other Helmerich & Payne news, Director Chapman Paula Marshall sold 4,122 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $71.40, for a total value of $294,310.80. Following the completion of the transaction, the director now owns 16,647 shares in the company, valued at $1,188,595.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 4.10% of the company’s stock.

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About Helmerich & Payne

Helmerich & Payne, Inc is engaged in contract drilling of oil and gas wells for others. The Company operates in the contract drilling industry. The Company’s contract drilling business consists of three segments: U.S. Land, Offshore and International Land. The Company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology.

Insider Buying and Selling by Quarter for Helmerich & Payne (NYSE:HP)

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