A month has gone by since the last earnings report for Helmerich & Payne (HP). Shares have lost about 11.2% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Helmerich & Payne due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted -52.79% due to these changes.
VGM Scores
Currently, Helmerich & Payne has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Helmerich & Payne has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
Helmerich & Payne belongs to the Zacks Oil and Gas - Drilling industry. Another stock from the same industry, Transocean (RIG), has gained 7.6% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Transocean reported revenues of $906 million in the last reported quarter, representing a year-over-year change of +18.1%. EPS of -$0.10 for the same period compares with -$0.03 a year ago.
Transocean is expected to post a loss of $0.01 per share for the current quarter, representing a year-over-year change of +93.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -220%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Transocean. Also, the stock has a VGM Score of D.
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Helmerich & Payne, Inc. (HP): Free Stock Analysis Report Transocean Ltd. (RIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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