Helmerich And Payne Stock Buy Hold or Sell Recommendation

HP Stock  USD 42.23  0.88  2.13%   
Allowing for the 90-day total investment horizon and your complete indifference towards market risk, our recommendation regarding Helmerich And Payne is 'Strong Buy'. Macroaxis provides Helmerich buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HP positions. The advice algorithm takes into account all of Helmerich's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Helmerich's buy or sell advice are summarized below:
Real Value
43.77
Target Price
47.82
Hype Value
42.04
Market Value
42.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Helmerich And Payne given historical horizon and risk tolerance towards Helmerich. When Macroaxis issues a 'buy' or 'sell' recommendation for Helmerich And Payne, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Helmerich Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Helmerich and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Helmerich And Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Execute Helmerich Buy or Sell Advice

The Helmerich recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Helmerich And Payne. Macroaxis does not own or have any residual interests in Helmerich And Payne or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Helmerich's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell HelmerichBuy Helmerich
Strong Buy

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Helmerich And Payne has a Risk Adjusted Performance of 0.0659, Jensen Alpha of 0.0521, Total Risk Alpha of (0.29), Sortino Ratio of 0.0631 and Treynor Ratio of 0.1599
Helmerich And Payne investment recommendation module can be used to check and cross-verify current trade recommendations provided by analysts evaluating the entity's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Helmerich And Payne is not overpriced, please check out all Helmerich fundamentals, including its book value per share, retained earnings, and the relationship between the cash and equivalents and target price . Given that Helmerich And Payne has a price to book of 1.48 X, we strongly advise you to confirm Helmerich And Payne market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Helmerich Trading Alerts and Improvement Suggestions

Helmerich And Payne is unlikely to experience financial distress in the next 2 years
Helmerich And Payne has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
On 27th of February 2024 Helmerich paid $ 0.42 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Ecopetrol Wins Dispute, Awarded McDermott Share Capital

Helmerich Returns Distribution Density

The distribution of Helmerich's historical returns is an attempt to chart the uncertainty of Helmerich's future price movements. The chart of the probability distribution of Helmerich daily returns describes the distribution of returns around its average expected value. We use Helmerich And Payne price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Helmerich returns is essential to provide solid investment advice for Helmerich.
Mean Return
0.24
Value At Risk
-3.21
Potential Upside
3.08
Standard Deviation
2.32
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Helmerich historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Helmerich Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Helmerich is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Helmerich And Payne backward and forwards among themselves. Helmerich's institutional investor refers to the entity that pools money to purchase Helmerich's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Goldman Sachs Group Inc2023-12-31
M
Van Eck Associates Corporation2023-12-31
1.9 M
Northern Trust Corp2023-12-31
1.7 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.7 M
Fisher Asset Management, Llc2023-12-31
1.3 M
Capital Research Global Investors2023-12-31
1.2 M
Bank Of New York Mellon Corp2023-12-31
1.2 M
Massachusetts Financial Services Company2023-12-31
1.2 M
American Century Companies Inc2023-12-31
1.1 M
Blackrock Inc2023-12-31
17.2 M
Vanguard Group Inc2023-12-31
11.6 M
Note, although Helmerich's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Helmerich Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory7.2M19.8M(5.2M)(7.8M)(7.0M)(6.7M)
Change In Cash153.8M400.0M(667.7M)47.2M42.5M44.6M
Free Cash Flow398.1M54.3M(38.6M)438.2M504.0M529.2M
Depreciation481.9M419.7M403.2M382.3M439.7M266.6M
Other Non Cash Items514.2M78.5M(19.6M)(29.3M)(33.7M)(32.0M)
Dividends Paid260.3M109.1M107.4M201.5M231.7M243.3M
Capital Expenditures140.8M82.1M272.5M395.5M454.8M403.6M
Net Income(496.4M)(337.5M)6.6M434.1M499.2M524.2M
End Period Cash Flow536.7M936.7M269.0M316.2M363.7M241.9M
Investments(24.9M)(209.9M)(167.3M)(322.6M)(290.3M)(275.8M)
Change Receivables70.3M300.8M(28.4M)(235.6M)(212.0M)(201.4M)
Change To Netincome391.9M3.8M7.5M(15.0M)(13.5M)(12.8M)

Helmerich Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Helmerich or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Helmerich's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Helmerich stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.05
β
Beta against NYSE Composite1.46
σ
Overall volatility
2.37
Ir
Information ratio 0.05

Helmerich Volatility Alert

Helmerich And Payne has relatively low volatility with skewness of 2.05 and kurtosis of 9.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Helmerich's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Helmerich's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Helmerich Fundamentals Vs Peers

Comparing Helmerich's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Helmerich's direct or indirect competition across all of the common fundamentals between Helmerich and the related equities. This way, we can detect undervalued stocks with similar characteristics as Helmerich or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Helmerich's fundamental indicators could also be used in its relative valuation, which is a method of valuing Helmerich by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Helmerich to competition
FundamentalsHelmerichPeer Average
Return On Equity0.16-0.31
Return On Asset0.0724-0.14
Profit Margin0.15 %(1.27) %
Operating Margin0.17 %(5.51) %
Current Valuation4.33 B16.62 B
Shares Outstanding98.83 M571.82 M
Shares Owned By Insiders3.37 %10.09 %
Shares Owned By Institutions96.63 %39.21 %
Number Of Shares Shorted11.15 M4.71 M
Price To Book1.48 X9.51 X
Price To Sales1.47 X11.42 X
Revenue2.87 B9.43 B
Gross Profit1.16 B27.38 B
EBITDA953.62 M3.9 B
Net Income434.1 M570.98 M
Cash And Equivalents257.17 M2.7 B
Cash Per Share3.32 X5.01 X
Total Debt599.95 M5.32 B
Debt To Equity0.20 %48.70 %
Current Ratio2.36 X2.16 X
Book Value Per Share27.98 X1.93 K
Cash Flow From Operations833.68 M971.22 M
Short Ratio6.29 X4.00 X
Earnings Per Share4.19 X3.12 X
Price To Earnings To Growth1.82 X4.89 X
Target Price44.6
Number Of Employees7.1 K18.84 K
Beta1.5-0.15
Market Capitalization4.17 B19.03 B
Total Asset4.38 B29.47 B
Retained Earnings2.71 B9.33 B
Working Capital587.69 M1.48 B
Current Asset1.57 B9.34 B
Note: Acquisition by Donald Robillard of 4675 shares of Helmerich subject to Rule 16b-3 [view details]

Helmerich Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Helmerich . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Helmerich Buy or Sell Advice

When is the right time to buy or sell Helmerich And Payne? Buying financial instruments such as Helmerich Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total555.0M600.0M689.9M724.4M
Total Assets4.4B4.4B5.0B3.1B

Use Investing Ideas to Build Portfolios

In addition to having Helmerich in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Advertising Theme
Companies specializing in advertising, marketing and advertising services. The Advertising theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Advertising Theme or any other thematic opportunities.
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When determining whether Helmerich And Payne is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Helmerich Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Helmerich And Payne Stock. Highlighted below are key reports to facilitate an investment decision about Helmerich And Payne Stock:
Check out Helmerich Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Helmerich's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helmerich. If investors know Helmerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helmerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.033
Dividend Share
1
Earnings Share
4.19
Revenue Per Share
28.041
Quarterly Revenue Growth
(0.06)
The market value of Helmerich And Payne is measured differently than its book value, which is the value of Helmerich that is recorded on the company's balance sheet. Investors also form their own opinion of Helmerich's value that differs from its market value or its book value, called intrinsic value, which is Helmerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helmerich's market value can be influenced by many factors that don't directly affect Helmerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helmerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helmerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helmerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.