Free Trial
NYSE:HPQ

HP (HPQ) Stock Price, News & Analysis

$36.34
+0.09 (+0.25%)
(As of 07/26/2024 ET)
Today's Range
$36.20
$36.75
50-Day Range
$31.83
$38.37
52-Week Range
$25.22
$39.52
Volume
7.18 million shs
Average Volume
8.00 million shs
Market Capitalization
$35.56 billion
P/E Ratio
12.28
Dividend Yield
3.03%
Price Target
$34.64

HP MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.7% Downside
$34.64 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.55
Upright™ Environmental Score
News Sentiment
0.66mentions of HP in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$6.25 M Sold Last Quarter
Proj. Earnings Growth
7.54%
From $3.45 to $3.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Computer And Technology Sector

87th out of 612 stocks

Computer & Office Equipment Industry

4th out of 14 stocks

HPQ stock logo

About HP Stock (NYSE:HPQ)

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.

HPQ Stock Price History

HPQ Stock News Headlines

Businesspeople Hands With Mobile Phones
Apple Stock: Missed Opportunity or Just Getting Started? (HPQ)
Apple stock has a new plan to become what one analysts hopes will be a $4 trillion company. Strong financials and global dominance will come to life soon
HP Inc. stock rises Friday, still underperforms market
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
The 3 Best 4D Printing Stocks to Buy Now
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
3 Top PC Stocks to Buy in July 2024
HPQ Silica Polvere Fumed Silica Reactor: Commissioning Starts
HP Expands AI-Based Product Portfolio for PC Market
See More Headlines
Receive HPQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for HP and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/29/2024
Ex-Dividend for 7/13 Dividend
6/12/2024
Dividend Payable
7/13/2024
Today
7/26/2024
Next Earnings (Estimated)
9/03/2024
Fiscal Year End
10/31/2024

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
$34.64
High Stock Price Target
$40.00
Low Stock Price Target
$30.00
Potential Upside/Downside
-4.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$3.26 billion
Pretax Margin
6.37%

Debt

Sales & Book Value

Annual Sales
$53.72 billion
Cash Flow
$4.01 per share
Book Value
($1.08) per share

Miscellaneous

Free Float
974,548,000
Market Cap
$35.52 billion
Optionable
Optionable
Beta
1.09

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Should I Buy HP Stock? HPQ Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in HP Inc.:

  • HP Inc. has consistently beaten earnings estimates, showcasing strong financial performance.
  • Recent analyst upgrades and price target increases indicate positive sentiment towards the company's future prospects.
  • HP Inc. offers a dividend yield of 3.15%, providing investors with a steady income stream.
  • The company's stock price has been trending upwards, reaching $34.97 on the latest trading day, potentially indicating positive momentum.
  • HP Inc. operates in diverse segments, catering to individual consumers, businesses, and enterprises, which can provide stability and growth opportunities.

Cons

Investors should be bearish about investing in HP Inc. for these reasons:

  • Despite recent positive performance, HP Inc. faces competition from other tech companies that could impact its market share and growth potential.
  • The company's revenue was down .8% compared to the same quarter last year, indicating a potential slowdown in growth.
  • HP Inc. has a negative return on equity of 230.39%, which may raise concerns about the company's financial health and efficiency in generating returns for shareholders.
  • The stock's price-to-earnings ratio of 11.81 and P/E/G ratio of 2.23 suggest that the stock may be currently overvalued compared to its growth prospects.
  • While HP Inc. has a moderate buy rating, there is a sell rating from one analyst, signaling some skepticism in the market about the company's future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these HP pros and cons to contact@marketbeat.com.

HPQ Stock Analysis - Frequently Asked Questions

How have HPQ shares performed this year?

HP's stock was trading at $30.09 at the start of the year. Since then, HPQ stock has increased by 20.8% and is now trading at $36.34.
View the best growth stocks for 2024 here
.

How were HP's earnings last quarter?

HP Inc. (NYSE:HPQ) announced its earnings results on Wednesday, May, 29th. The computer maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.01. The company's revenue was down .8% on a year-over-year basis.
Read the conference call transcript
.

What is Enrique Lores' approval rating as HP's CEO?

446 employees have rated HP Chief Executive Officer Enrique Lores on Glassdoor.com. Enrique Lores has an approval rating of 92% among the company's employees. This puts Enrique Lores in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does HP have any subsidiaries?

HP subsidiaries include Poly, Choose Packaging, Teradici Corporation, HyperX, Bromium, Apogee, Apogee Corp, and more.

Who are HP's major shareholders?

Top institutional investors of HP include Bank of New York Mellon Corp (0.86%), Maj Invest Holding A S (0.61%), AustralianSuper Pty Ltd (0.41%) and DNB Asset Management AS (0.36%). Insiders that own company stock include Berkshire Hathaway Inc, Enrique Lores, Alex Cho, Tuan Tran, Robert R Bennett, Subra Suresh, Kristen M Ludgate, Shumeet Banerji, Marie Myers, David P Mcquarrie, Stephanie Liebman, Bruce D Broussard, Harvey Anderson, Barbara Barton Weiszhaar and Christoph Schell.
View institutional ownership trends
.

How do I buy shares of HP?

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.

What other stocks do shareholders of HP own?

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

This page (NYSE:HPQ) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners