Helmerich & Payne Inc. (NYSE: HP). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Meaningful negative changes in Helmerich & Payne Inc. (NYSE: HP) fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Helmerich & Payne has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Helmerich & Payne has a very high Appreciation Score of 86 but a poor Power Rating of 23, with the Neutral Value Trend Rating the result.
Recent Price Action
Helmerich & Payne Inc. (NYSE: HP) stock closed at $33.89 on 1/27/25 after a decline of -2.4%. Trading volume in this decline was normal. The stock has declined -7.7% during the last week and has been weak relative to the market over the last nine months.
Be the first to comment