Analysts Taking Aim at Helmerich & Payne, Inc. (NYSE:HP), Memorial Resource Development Corp. (NASDAQ:MRD)

According to data provided by Zacks Research, Helmerich & Payne, Inc. (NYSE:HP) has a consensus target price of $67.4 on the stock. Out of the polled analysts providing targets, the high is currently $85, while the low is resting at $49. Analyst price targets may vary depending on the individual method used to calculate the estimate.
Turning to earnings, analysts are expecting Helmerich & Payne, Inc. (NYSE:HP) to post a current quarter EPS of $-0.29. This consensus number is compiled by Zacks Research. For the period ending on 2017-03-31, the company reported EPS for the quarter of $-0.47. The resulting surprise factor from the difference between the reported number and the consensus estimate going into earnings was -17.5%. After a company reports earnings, the stock may see increased activity. The next earnings report date is scheduled on or near 2017-07-27.
In terms of analyst ratings, Helmerich & Payne, Inc. (NYSE:HP) has a current ABR of 2.72. This average broker recommendation is given by Zacks using a scale from 1 to 5. According to this scale, a rating of 1 or 2 would indicate a Buy, and a rating of 4 or 5 would signify a Sell recommendation. A 3 would indicate a Hold on the stock.

For the current quarter, analysts are expecting Memorial Resource Development Corp. (NASDAQ:MRD) to report EPS of $N/A. This consensus estimate is provided by Zacks Research. After the period that ended on N/A, Memorial Resource Development Corp. (NASDAQ:MRD) reported an EPS actual of $N/A. The difference between the actual and estimate resulted in a surprise factor of -15.38%. The company is expected to release their next earnings report on or around N/A. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of Memorial Resource Development Corp. (NASDAQ:MRD) have a current ABR or average broker rating of N/A. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of Memorial Resource Development Corp. (NASDAQ:MRD) is $N/A. The top analyst target is $N/A, and the lowest target is $N/A on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

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