HP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.06 -- higher than merely 1.35% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Helmerich & Payne Inc's sales and general administrative expense to its total operating expenses; merely 6.8% of US stocks have a lower such ratio.
In terms of twelve month growth in earnings before interest and taxes, Helmerich & Payne Inc is reporting a growth rate of -8,633.08%; that's higher than merely 0.23% of US stocks.
If you're looking for stocks that are quantitatively similar to Helmerich & Payne Inc, a group of peers worth examining would be AINC, NFE, NEX, PIXY, and QGEN.
Helmerich & Payne operates as a contract drilling company in South America, the Middle East, and Africa. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and fixed platforms, tension-leg platforms, and spars in offshore areas. The company was founded in 1920 and is based in Tulsa, Oklahoma.
HP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Helmerich & Payne Inc ranked in the 85th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 686.5%. In terms of the factors that were most noteworthy in this DCF analysis for HP, they are:
The company's compound free cash flow growth rate over the past 5.56 years comes in at 0.58%; that's greater than 82.78% of US stocks we're applying DCF forecasting to.
Helmerich & Payne Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -23.76. This coverage rate is greater than that of merely 4.84% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Energy), Helmerich & Payne Inc has a reliance on debt greater than just 17.06% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Helmerich & Payne Inc? See ENB, GEL, INT, VET, and CELP.
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TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) fiscal first quarter 2021 earnings release, you are invited to listen to its conference call on Wednesday, February 10, 2021, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast. What: Helmerich & Payne, Inc.’s Fiscal F
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