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NYSE:HPQ

HP (HPQ) Stock Price, News & Analysis

$35.44
+0.17 (+0.48%)
(As of 09:06 AM ET)
Today's Range
$35.44
$35.44
50-Day Range
$32.03
$38.12
52-Week Range
$25.22
$39.52
Volume
2,952 shs
Average Volume
7.77 million shs
Market Capitalization
$34.68 billion
P/E Ratio
11.97
Dividend Yield
3.10%
Price Target
$34.64

HP MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
1.8% Downside
$34.64 Price Target
Short Interest
Healthy
2.50% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.55
Upright™ Environmental Score
News Sentiment
0.27mentions of HP in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$6.25 M Sold Last Quarter
Proj. Earnings Growth
7.54%
From $3.45 to $3.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Computer And Technology Sector

83rd out of 594 stocks

Computer & Office Equipment Industry

3rd out of 13 stocks

HPQ stock logo

About HP Stock (NYSE:HPQ)

HP Inc. provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserJet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

HPQ Stock Price History

HPQ Stock News Headlines

Morgan Stanley Downgrades HP (HPQ)
Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
HP (NYSE:HPQ) Lowered to "Equal Weight" at Morgan Stanley
HP Inc. cut at Morgan Stanley on limited upside
HP Inc. downgraded to Equal-Weight by Morgan Stanley
Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
HP Stock Is the S&P 500's Top Decliner
HP (NYSE:HPQ) Shares Gap Down to $35.91
HPQ Aug 2024 43.500 put (HPQ240823P00043500)
HPQ Aug 2024 46.000 call (HPQ240823C00046000)
HP Inc. (NYSE:HPQ) Sees Large Increase in Short Interest
See More Headlines
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Company Calendar

Last Earnings
5/29/2024
Ex-Dividend for 7/13 Dividend
6/12/2024
Dividend Payable
7/13/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/28/2024
Ex-Dividend for 10/2 Dividend
9/11/2024
Dividend Payable
10/02/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Computer Hardware
CUSIP
42823610
Employees
58,000
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$34.64
High Stock Price Target
$40.00
Low Stock Price Target
$30.00
Potential Upside/Downside
-1.8%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$3.26 billion
Pretax Margin
6.37%

Debt

Sales & Book Value

Annual Sales
$53.00 billion
Cash Flow
$4.18 per share
Book Value
($1.08) per share

Miscellaneous

Free Float
974,548,000
Market Cap
$34.50 billion
Optionable
Optionable
Beta
1.09

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Should I Buy HP Stock? HPQ Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in HP Inc.:

  • HP Inc. reported a positive EPS for the quarter, beating the consensus estimate, indicating strong financial performance.
  • HP Inc. has a dividend payout ratio of 37.16%, providing investors with a steady income stream through dividends.
  • Analysts have set a target price of $34.64 for HP Inc., suggesting potential for stock price appreciation.
  • Recent insider activity shows that an insider sold shares at an average price of $36.11, potentially signaling confidence in the company's future performance.
  • HP Inc. has a diverse product portfolio serving individual consumers, small- and medium-sized businesses, and large enterprises, providing stability and growth opportunities.

Cons

Investors should be bearish about investing in HP Inc. for these reasons:

  • HP Inc.'s stock price has been trading down, showing a 4.1% decrease, which may indicate short-term volatility or market concerns.
  • HP Inc. had a negative return on equity of 230.39%, highlighting potential challenges in generating returns for shareholders.
  • While HP Inc. has a moderate buy rating, there are analysts who have issued a sell rating, indicating differing opinions on the stock's future performance.
  • The company's revenue for the quarter was down compared to the same period last year, suggesting potential challenges in revenue growth.
  • HP Inc. operates in a competitive market with evolving technologies, which could impact its market share and profitability in the long term.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 18, 2024. Please send any questions or comments about these HP pros and cons to contact@marketbeat.com.

HPQ Stock Analysis - Frequently Asked Questions

How have HPQ shares performed this year?

HP's stock was trading at $30.09 at the beginning of 2024. Since then, HPQ stock has increased by 17.2% and is now trading at $35.26.
View the best growth stocks for 2024 here
.

How were HP's earnings last quarter?

HP Inc. (NYSE:HPQ) posted its quarterly earnings results on Wednesday, May, 29th. The computer maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.81 by $0.01. The company's quarterly revenue was down .8% compared to the same quarter last year.
Read the conference call transcript
.

What is Enrique Lores' approval rating as HP's CEO?

446 employees have rated HP Chief Executive Officer Enrique Lores on Glassdoor.com. Enrique Lores has an approval rating of 92% among the company's employees. This puts Enrique Lores in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does HP have any subsidiaries?

HP subsidiaries include these companies: Poly, Choose Packaging, Teradici Corporation, HyperX, Bromium, Apogee, Apogee Corp, and others.

Who are HP's major shareholders?

Top institutional shareholders of HP include Primecap Management Co. CA (2.29%), Pacer Advisors Inc. (1.30%), LSV Asset Management (1.29%) and Legal & General Group Plc (1.09%). Insiders that own company stock include Berkshire Hathaway Inc, Enrique Lores, Alex Cho, Tuan Tran, Robert R Bennett, Subra Suresh, Kristen M Ludgate, Shumeet Banerji, Marie Myers, David P Mcquarrie, Stephanie Liebman, Bruce D Broussard, Harvey Anderson, Barbara Barton Weiszhaar and Christoph Schell.
View institutional ownership trends
.

How do I buy shares of HP?

Shares of HPQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of HP own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HP investors own include Visa (V), Intel (INTC), Hewlett Packard Enterprise (HPE), Cisco Systems (CSCO), AT&T (T), Pfizer (PFE) and Bank of America (BAC).

This page (NYSE:HPQ) was last updated on 8/22/2024 by MarketBeat.com Staff

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