HP (NYSE:HPQ) Issues FY 2025 Earnings Guidance

HP (NYSE:HPQ - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.000-3.300 for the period, compared to the consensus estimate of 3.490. The company issued revenue guidance of -. HP also updated its Q3 2025 guidance to 0.680-0.800 EPS.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. UBS Group cut their price objective on shares of HP from $37.00 to $26.00 and set a "neutral" rating for the company in a research report on Thursday. Wells Fargo & Company dropped their price target on shares of HP from $35.00 to $25.00 and set an "underweight" rating for the company in a research report on Thursday. Morgan Stanley dropped their price target on shares of HP from $29.00 to $26.00 and set an "equal weight" rating for the company in a research report on Thursday. Barclays set a $28.00 price target on shares of HP and gave the company an "equal weight" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their price target on shares of HP from $30.00 to $27.00 and set an "overweight" rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, HP has an average rating of "Hold" and an average price target of $29.54.

HP Stock Down 0.3%

Shares of NYSE HPQ traded down $0.07 during midday trading on Friday, reaching $24.88. 16,291,226 shares of the company were exchanged, compared to its average volume of 7,912,801. The stock's 50-day moving average price is $25.95 and its 200-day moving average price is $30.69. The stock has a market cap of $23.45 billion, a P/E ratio of 8.85, a PEG ratio of 2.96 and a beta of 1.32. HP has a one year low of $21.21 and a one year high of $39.80.

HP (NYSE:HPQ - Get Free Report) last posted its earnings results on Wednesday, May 28th. The computer maker reported $0.71 earnings per share for the quarter, missing analysts' consensus estimates of $0.80 by ($0.09). HP had a negative return on equity of 253.39% and a net margin of 5.18%. The company had revenue of $13.22 billion for the quarter, compared to the consensus estimate of $13.09 billion. During the same period in the previous year, the firm posted $0.82 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts anticipate that HP will post 3.56 EPS for the current year.

HP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 11th will be paid a $0.2894 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $1.16 annualized dividend and a dividend yield of 4.65%. HP's dividend payout ratio is 41.37%.

Insider Buying and Selling

In other HP news, insider Stephanie Liebman sold 15,646 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $29.00, for a total transaction of $453,734.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Anneliese Olson sold 21,545 shares of the company's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $28.49, for a total transaction of $613,817.05. Following the sale, the insider now directly owns 169 shares in the company, valued at $4,814.81. This trade represents a 99.22% decrease in their position. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by insiders.

HP Company Profile

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.