HP's stock falls behind market averages as investors await earnings release.

HP (HPQ) fell 2.54% to $25.34, underperforming the S&P 500's 0.79% decline. The company's upcoming earnings release is expected to post an EPS of $0.74, down 10.84% YoY, and revenue of $13.69 billion, up 1.26% YoY. HP's full-year estimates call for earnings of $3.09 per share and revenue of $54.5 billion, down 8.58% and up 1.75% YoY, respectively. The Zacks Rank remains at #3 (Hold).

Helmerich & Payne (HP) stock fell 2.54% to $25.34 on Tuesday, July 1, 2025, underperforming the S&P 500's 0.79% decline. The company's upcoming earnings release is expected to post an EPS of $0.74, down 10.84% year-over-year (YoY), and revenue of $13.69 billion, up 1.26% YoY. The full-year estimates call for earnings of $3.09 per share and revenue of $54.5 billion, down 8.58% and up 1.75% YoY, respectively. The Zacks Rank remains at #3 (Hold).

Analysts have been adjusting their price targets and ratings for HP in recent weeks. Susquehanna lowered its price objective from $24.00 to $23.00, indicating a potential upside of 40.40% from the previous close [1]. Morgan Stanley reduced its target price from $27.00 to $20.00 and set an "underweight" rating. TD Cowen lowered its target price from $28.00 to $26.00 and set a "hold" rating. Citigroup reaffirmed a "neutral" rating and set a $17.00 price target. Wall Street Zen cut its rating from "hold" to "sell," and The Goldman Sachs Group decreased its target from $25.00 to $17.00 and set a "sell" rating [1].

Despite the downward adjustments, institutional investors have been increasing their stakes in HP. Bank of New York Mellon Corp grew its position by 7.4% in the 4th quarter, and other major investors like Proficio Capital Partners, Smartleaf Asset Management, SBI Securities Co. Ltd., and Charles Schwab Investment Management also increased their holdings [1].

HP's recent quarterly earnings report showed a 47.7% YoY revenue increase to $1.02 billion, but it missed the EPS estimate by $0.63. The company's net margin was 7.15%, and its return on equity was 8.25%.

The company's debt-to-equity ratio is 0.73, quick ratio is 1.32, and current ratio is 1.68. The 50-day simple moving average is $17.53, and the 200-day simple moving average is $24.31. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 7.46, and a beta of 0.84 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/helmerich-payne-nysehp-given-new-2300-price-target-at-susquehanna-2025-07-01/