Home Sectors Energy Latest Trend: Helmerich And Payne (NYSE: HP)

Latest Trend: Helmerich And Payne (NYSE: HP)

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Helmerich And Payne is in the oil and gas drilling industry and is part of the energy sector. The company CEO is John W. Lindsay. Helmerich and Payne Inc is engaged in contract drilling of oil and gas wells for oil and gas exploration and production companies. Its business comprises of three reportable segments, U.S. Land, Offshore and International Land.

Previous Intraday Trading Performance:

The HP stock showed a previous change of 2.08% with an open at 60.19 and a close of 60.32. It reached an intraday high of 60.73 and a low of 59.49.

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Liquidity:

The stock has a market cap of $6.6b with 109.4m shares outstanding, of which the float is 105.7m shares. Trading volume reached 1,163,791 shares compared to its average volume of 1,162,585 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Helmerich And Payne shares returned 2.76% and in the past 30 trading days it returned 11.09%. Over three months, it changed 14.40%. In one year it has changed -12.63% and within that year its 52-week high was 74.36 and its 52-week low was 44.56. HP stock is 35.37% above its 52 Week Low.

Our calculations show a 200 day moving average of 59.00 and a 50 day moving average of 55.99. Currently HP stock is trading 2.24% above its 200 day moving average and may be a good opportunity to buy.

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Earnings:

The last annual fiscal EPS for the company was reported at 4.37 that ended on 30th of September 2018, which according to the previous close, that is a PE of 13.80. Based on 10 analyst estimates, the consensus EPS for the next quarter is 0.28. The TTM EPS is 0.45, which comes to a TTM PE of 134.04.

The dividend per share is currently 2.84, which is a dividend yield of 4.71%. HP stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

Base on our calculations, the intrinsic value per share is 108.90, which means it is possibly undervalued and has a margin of safety of 44.61%

Indicators to Watch:

Based on the latest filings, there is 3.40% of insider ownership and 140.30% of institutional ownership. Short-interest is 9,171,206, which is 8.38% of shares outstanding. The short-interest ratio or days-to-cover ratio is 7.59. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.54

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Fundamental Indicators:

Based on last reported financials, the company’s profit margin is 0.65%, price-to-sales is 3.14 and price-to-book is 1.53.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 4  :Past Performance Score
 1  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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