Helmerich & Payne (HP) was upgraded to a Buy Rating at Roth MKM
Helmerich & Payne received a Buy rating and a $34.00 price target from Roth MKM analyst today.
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In addition to Roth MKM, Helmerich & Payne also received a Buy from J.P. Morgan’s Arun Jayaram in a report issued today. However, on December 5, Argus Research maintained a Hold rating on Helmerich & Payne (NYSE: HP).
Based on Helmerich & Payne’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.01 billion and a GAAP net loss of $57.36 million. In comparison, last year the company earned a revenue of $693.79 million and had a net profit of $75.48 million
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HP in relation to earlier this year. Earlier this month, Sara Marie Momper, the VP, CAO of HP sold 6,681.00 shares for a total of $201,966.63.
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- Helmerich & Payne upgraded to Overweight from Neutral at JPMorgan
- Helmerich & Payne Declares Quarterly Cash Dividend
- Helmerich & Payne price target raised to $33 from $27 at TD Cowen
- Helmerich & Payne: Hold Rating Amid Mixed Performance and Cautious Outlook
- Helmerich & Payne price target raised to $23 from $20 at Morgan Stanley
