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HP (HPQ) Stock Price, News & Analysis

HP logo
$32.63 -0.65 (-1.95%)
(As of 05:46 PM ET)

About HP Stock (NYSE:HPQ)

Key Stats

Today's Range
$32.21
$32.87
50-Day Range
$32.46
$39.30
52-Week Range
$27.42
$39.79
Volume
4.24 million shs
Average Volume
7.81 million shs
Market Capitalization
$30.60 billion
P/E Ratio
11.61
Dividend Yield
3.52%
Price Target
$36.45
Consensus Rating
Hold

Company Overview

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.

HP Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

HPQ MarketRank™: 

HP scored higher than 99% of companies evaluated by MarketBeat, and ranked 51st out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    HP has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    HP has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about HP's stock forecast and price target.
  • Earnings Growth

    Earnings for HP are expected to grow by 5.62% in the coming year, from $3.56 to $3.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of HP is 11.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of HP is 11.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.02.

  • Price to Earnings Growth Ratio

    HP has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    3.09% of the float of HP has been sold short.
  • Short Interest Ratio / Days to Cover

    HP has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in HP has recently decreased by 14.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    HP pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    HP has been increasing its dividend for 15 years.

  • Dividend Coverage

    The dividend payout ratio of HP is 40.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, HP will have a dividend payout ratio of 30.59% next year. This indicates that HP will be able to sustain or increase its dividend.

  • Read more about HP's dividend.
  • Percentage of Shares Shorted

    3.09% of the float of HP has been sold short.
  • Short Interest Ratio / Days to Cover

    HP has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in HP has recently decreased by 14.88%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    HP has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for HP this week, compared to 15 articles on an average week.
  • Search Interest

    24 people have searched for HPQ on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
  • MarketBeat Follows

    24 people have added HP to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, HP insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,312,568.00 in company stock.

  • Percentage Held by Insiders

    Only 0.41% of the stock of HP is held by insiders.

  • Percentage Held by Institutions

    77.53% of the stock of HP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about HP's insider trading history.
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HPQ Stock News Headlines

HP Inc. (NYSE:HPQ) CEO Sells $4,997,076.30 in Stock
Kamala’s final humiliation
The investments connected to Trump's second term in ways that almost nobody outside his inner circle is aware of… yet have the potential to deliver colossal returns over the next four years. I’m not talking about Tesla, Palantir, or anything else you’ve heard parroted by the mainstream financial press. No. These are Trump’s Secret Stocks.
KIEV, UKRAINE - Dec 14, 2018: Hewlett Packard Enterprise Information technology company logo seen displayed on smart phone. — Stock Editorial Photography
Can HPE Keep Rising Through 2025? The U.S. Government May Decide (HPQ)
HPE has made strong progress in its strategy in 2024, sending shares up. A key government decision might determine whether success will continue in 2025.
HP Inc. (NYSE:HPQ) Insider Alex Cho Sells 10,298 Shares
See More Headlines

HPQ Stock Analysis - Frequently Asked Questions

HP's stock was trading at $30.09 at the beginning of 2024. Since then, HPQ stock has increased by 8.4% and is now trading at $32.63.
View the best growth stocks for 2024 here
.

HP Inc. (NYSE:HPQ) posted its earnings results on Tuesday, November, 26th. The computer maker reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. The company's revenue for the quarter was up 1.7% compared to the same quarter last year.
Read the conference call transcript
.

HP's Board of Directors authorized a share repurchase plan on Wednesday, August 28th 2024, which permits the company to repurchase $10,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 28.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

The following companies are subsidiaries of HP: Poly, Choose Packaging, Teradici Corporation, HyperX, Bromium, Apogee, Apogee Corp, and others.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that HP investors own include Verizon Communications (VZ), NVIDIA (NVDA), Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN) and Meta Platforms (META).

Company Calendar

Ex-Dividend for 10/2 Dividend
9/11/2024
Dividend Payable
10/02/2024
Last Earnings
11/26/2024
Ex-Dividend for 1/2 Dividend
12/11/2024
Today
12/30/2024
Dividend Payable
1/02/2025
Fiscal Year End
10/31/2025

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
$36.45
High Stock Price Target
$41.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+11.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
11 Analysts

Profitability

Net Income
$2.78 billion
Pretax Margin
6.12%

Debt

Sales & Book Value

Annual Sales
$53.56 billion
Cash Flow
$4.10 per share
Book Value
($1.37) per share

Miscellaneous

Free Float
959,767,000
Market Cap
$30.75 billion
Optionable
Optionable
Beta
1.04

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This page (NYSE:HPQ) was last updated on 12/30/2024 by MarketBeat.com Staff
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