HP (NYSE:HPQ) Issues Earnings Results, Misses Expectations By $0.09 EPS

HP (NYSE:HPQ - Get Free Report) announced its earnings results on Wednesday. The computer maker reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.09), RTT News reports. HP had a net margin of 5.18% and a negative return on equity of 253.39%. The firm had revenue of $13.22 billion during the quarter, compared to analysts' expectations of $13.09 billion. During the same quarter last year, the company posted $0.82 earnings per share. HP's revenue for the quarter was up 3.3% compared to the same quarter last year. HP updated its FY 2025 guidance to 3.000-3.300 EPS and its Q3 2025 guidance to 0.680-0.800 EPS.

HP Stock Performance

Shares of HPQ stock traded up $0.01 on Monday, reaching $24.91. 9,580,205 shares of the company's stock traded hands, compared to its average volume of 8,268,073. The business's 50 day moving average price is $25.95 and its two-hundred day moving average price is $30.61. The company has a market capitalization of $23.48 billion, a P/E ratio of 8.86, a price-to-earnings-growth ratio of 2.96 and a beta of 1.32. HP has a 12-month low of $21.21 and a 12-month high of $39.79.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Wednesday, June 11th will be given 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 (DPR) is presently 44.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HPQ shares. Evercore ISI dropped their price objective on HP from $40.00 to $32.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. JPMorgan Chase & Co. reduced their price objective on HP from $30.00 to $27.00 and set an "overweight" rating on the stock in a research note on Thursday. Wells Fargo & Company decreased their price objective on shares of HP from $35.00 to $25.00 and set an "underweight" rating for the company in a report on Thursday. KGI Securities began coverage on shares of HP in a report on Thursday. They set a "neutral" rating on the stock. Finally, Loop Capital cut their target price on shares of HP from $35.00 to $30.00 and set a "hold" rating on the stock in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $29.54.

Insider Activity at HP

In related news, insider Anneliese Olson sold 21,545 shares of the business'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 transaction, the insider now owns 169 shares of the company's stock, valued at approximately $4,814.81. The trade was a 99.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Stephanie Liebman sold 15,646 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $29.00, for a total transaction of $453,734.00. 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.