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NYSE:HPQ

HP Stock Forecast, Price & News

$22.38
+0.45 (+2.05 %)
(As of 12/1/2020 12:00 AM ET)
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Today's Range
$22.08
Now: $22.38
$22.59
50-Day Range
$17.35
MA: $19.71
$22.27
52-Week Range
$12.54
Now: $22.38
$23.93
Volume11.56 million shs
Average Volume12.59 million shs
Market Capitalization$30.74 billion
P/E Ratio11.19
Dividend Yield3.19%
Beta0.98
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 logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.21 out of 5 stars


Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryComputer Hardware
CUSIP42823610
Phone650-857-1501
Employees56,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$56.64 billion
Cash Flow$2.94 per share
Book Value($1.62) per share

Profitability

Net Income$3.15 billion

Miscellaneous

Outstanding Shares1,373,497,000
Market Cap$30.74 billion
Next Earnings Date2/22/2021 (Estimated)
OptionableOptionable
$22.38
+0.45 (+2.05 %)
(As of 12/1/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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HP (NYSE:HPQ) Frequently Asked Questions

How has HP's stock been impacted by COVID-19?

HP's stock was trading at $19.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HPQ shares have increased by 15.6% and is now trading at $22.38.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of HP?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for HP
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than HP?

Wall Street analysts have given HP a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but HP wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is HP's next earnings date?

HP is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for HP
.

How were HP's earnings last quarter?

HP Inc. (NYSE:HPQ) posted its earnings results on Monday, November, 23rd. The computer maker reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.10. HP had a net margin of 5.02% and a negative return on equity of 196.27%. During the same quarter in the previous year, the business earned $0.60 earnings per share.
View HP's earnings history
.

How often does HP pay dividends? What is the dividend yield for HP?

HP announced a quarterly dividend on Tuesday, November 24th. Investors of record on Wednesday, December 9th will be paid a dividend of $0.1938 per share on Wednesday, January 6th. This represents a $0.78 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend is Tuesday, December 8th. This is an increase from HP's previous quarterly dividend of $0.18.
View HP's dividend history
.

What guidance has HP issued on next quarter's earnings?

HP issued an update on its first quarter 2021 After-Hours earnings guidance on Tuesday, November, 24th. The company provided EPS guidance of 0.64-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.53.

What price target have analysts set for HPQ?

18 equities research analysts have issued 12-month target prices for HP's stock. Their forecasts range from $11.00 to $26.00. On average, they anticipate HP's stock price to reach $20.75 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for HP
.

Are investors shorting HP?

HP saw a decrease in short interest in November. As of November 15th, there was short interest totaling 16,860,000 shares, a decrease of 15.4% from the October 31st total of 19,940,000 shares. Based on an average daily volume of 10,010,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.2% of the shares of the stock are sold short.
View HP's Short Interest
.

Who are some of HP's key competitors?

What other stocks do shareholders of HP own?

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

Who are HP's key executives?

HP's management team includes the following people:
  • Mr. Dion J. Weisler, Pres, CEO & Director (Age 51)
  • Ms. Catherine A. Lesjak, Chief Financial Officer (Age 59)
  • Mr. Ron Coughlin, Pres of Personal Systems Bus. (Age 52)
  • Mr. Enrique Lores, Pres of Imaging & Printing (Age 52)
  • Mr. Joshua Brenkel, Interim Chief Operating Officer

What is HP's stock symbol?

HP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPQ."

Who are HP's major shareholders?

HP's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.29%), State Street Corp (4.83%), LSV Asset Management (1.09%), Baupost Group LLC MA (0.97%), AQR Capital Management LLC (0.82%) and American International Group Inc. (0.80%). Company insiders that own HP stock include Alex Cho, Christoph Schell, Claire Bramley, Dion J Weisler, Enrique Lores, Kim M Rivera, Robert R Bennett, Shumeet Banerji and Tracy S Keogh.
View institutional ownership trends for HP
.

Which major investors are selling HP stock?

HPQ stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Baupost Group LLC MA, BlackRock Inc., AQR Capital Management LLC, DNB Asset Management AS, Great West Life Assurance Co. Can, State Street Corp, and Great West Life Assurance Co. Can. Company insiders that have sold HP company stock in the last year include Alex Cho, Christoph Schell, Kim M Rivera, and Tracy S Keogh.
View insider buying and selling activity for HP
.

Which major investors are buying HP stock?

HPQ stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Point72 Asset Management L.P., Conning Inc., AXA S.A., Morgan Stanley, Hexavest Inc., MUFG Securities EMEA plc, and Worldquant Millennium Advisors LLC. Company insiders that have bought HP stock in the last two years include Enrique Lores, and Robert R Bennett.
View insider buying and selling activity for HP
.

How do I buy shares of HP?

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

What is HP's stock price today?

One share of HPQ stock can currently be purchased for approximately $22.38.

How big of a company is HP?

HP has a market capitalization of $30.74 billion and generates $56.64 billion in revenue each year. The computer maker earns $3.15 billion in net income (profit) each year or $2.28 on an earnings per share basis. HP employs 56,000 workers across the globe.

What is HP's official website?

The official website for HP is www.hp.com.

How can I contact HP?

HP's mailing address is 1501 PAGE MILL ROAD, PALO ALTO CA, 94304. The computer maker can be reached via phone at 650-857-1501 or via email at [email protected]

This page was last updated on 12/2/2020 by MarketBeat.com Staff

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