Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
HP (HPQ)
NYSE:HPQ
HP (HPQ) Stock Price & Analysis
4,531 Followers
HPQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.77 - $33.00
Previous Close$30.76
Volume1.53M
Average Volume (3M)7.59M
Market Cap
$30.59B
Enterprise Value$39.58B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$9.48B
Price to Earnings (P/E)9.0
Beta1.17
Next Earnings
May 29, 2024EPS Estimate
$0.81Last Dividend Ex-Date
Mar 12, 2024Dividend Yield3.5%
Share Statistics
EPS (TTM)3.42
Shares Outstanding980,731,959
10 Day Avg. Volume5,705,847
30 Day Avg. Volume7,590,400
Standard Deviation0.09
R-Squared0.38
Alpha0.00159
Financial Highlights & Ratios
Price to Book (P/B)-2.84
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)60.20
P/FCF Ratio135.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.74
Enterprise Value/Gross Profit3.44
Enterprise Value/Ebitda9.00
Forecast
1Y Price Target
$30.78Price Target Upside-1.55% Downside
Rating ConsensusHold
Number of Analyst Covering9
HP News
PremiumCompany Announcements
HP Annual Meeting Decides Governance and Compensation Plans
PremiumPress Releases
Ferrari And HP Announce a Title PartnershipBulls Say, Bears Say
Bulls Say
Financial PerformanceHP's focus on driving print innovation and subscriber growth in its Instant Ink and Instant Paper plans has led to robust print margins, indicating strong profitability within its print business sector.
Innovation And Service ExpansionHP is enhancing its printing solutions through the introduction of the HP All-In Plan, innovative TerraJet toner technology, and artificial intelligence features, aiming to provide comprehensive services and improve customer experience.
Market Outlook And Shareholder ReturnsWith the global personal computer market showing signs of recovery and HP's commitment to returning significant free cash flow to shareholders, investors may find the company's financial strategy and market position increasingly attractive.
Bears Say
Market ChallengesShares of HP to trade lower following macro-driven weakness in the PC market and continued pricing pressure in the Print market.
Revenue DeclineSupplies revenues still expected to decline low-to-mid single digits year over year.
Weak PerformanceHP’s performance was weak (-19% y/y, +7% q/q); overall printer market revenues down -12% for CY23.
---
Ownership Overview
13.78% Insiders
21.85% Mutual Funds
40.66% Other Institutional Investors
23.71% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by HP
Desktop Users
Mobile Users
HPQ FAQ
What was HP’s price range in the past 12 months?
HP lowest stock price was $24.77 and its highest was $33.00 in the past 12 months.
What is HP’s market cap?
Currently, no data Available
When is HP’s upcoming earnings report date?
HP’s upcoming earnings report date is May 29, 2024 which is in 14 days.
How were HP’s earnings last quarter?
HP released its earnings results on Feb 28, 2024. The company reported $0.81 earnings per share for the quarter, the consensus estimate of $0.81 by $0.
Is HP overvalued?
According to Wall Street analysts HP’s price is currently Overvalued.
Does HP pay dividends?
HP pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 3.5%. See more information on HP dividends here
What is HP’s EPS estimate?
HP’s EPS estimate is $0.81.
How many shares outstanding does HP have?
HP has 978,481,260 shares outstanding.
What happened to HP’s price movement after its last earnings report?
HP reported an EPS of $0.81 in its last earnings report, expectations of $0.81. Following the earnings report the stock price went down -1.335%.
Which hedge fund is a major shareholder of HP?
Among the largest hedge funds holding HP’s share is Dodge & Cox. It holds HP’s shares valued at 1B.
---
HP Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$30.78 (-1.55% Downside)
$30.78 (-1.55% Downside)
Blogger Sentiment
Bullish
HPQ Sentiment 76%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 79.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.30%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.84%
Trailing 12-Months
Company Description
HP
HP Inc. was formed following the split of Hewlett-Packard Company in 2015 and is among the world’s top five personal computer manufacturers. The company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services to individual consumers, small and medium businesses, and large enterprises.
---
HPQ Company Deck
---
HPQ Earnings Call
Q1 2024
0:00 / 0:00
---
HPQ Net revenue Breakdown
42.99% Americas
33.17% EMEA
23.84% APAC and Japan
---
HPQ Stock 12 Month Forecast
Average Price Target
$30.78
▼(-1.55% Downside)
Technical Analysis
Best Analysts Covering HPQ
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+9.52%
reiterated a buy rating 2 months ago
Copying Wamsi Mohan's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +9.52% per trade.
---