NYSE:HPQHP Stock Price, Forecast & News

HP's stock was trading at $19.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HPQ shares have decreased by 18.8% and is now trading at $15.72. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for HP.

HP is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for HP.

HP Inc. (NYSE:HPQ) announced its quarterly earnings results on Monday, February, 24th. The computer maker reported $0.65 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.11. The computer maker had revenue of $14.62 billion for the quarter, compared to analysts' expectations of $14.64 billion. HP had a net margin of 5.16% and a negative return on equity of 261.23%. The company's quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.52 earnings per share. View HP's earnings history.

HP announced a quarterly dividend on Thursday, January 16th. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.1762 per share on Wednesday, April 1st. This represents a $0.70 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a boost from HP's previous quarterly dividend of $0.18. View HP's dividend history.

HP updated its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of $2.33-2.43 for the period, compared to the Thomson Reuters consensus estimate of $2.24.

15 brokers have issued twelve-month target prices for HP's shares. Their forecasts range from $14.00 to $26.00. On average, they expect HP's share price to reach $19.60 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View analysts' price targets for HP.

News stories about HPQ stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. HP earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news articles about the computer maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutHP.

HP saw a increase in short interest in February. As of February 28th, there was short interest totaling 20,870,000 shares, an increase of 19.1% from the February 13th total of 17,520,000 shares. Based on an average daily trading volume, of 11,420,000 shares, the short-interest ratio is currently 1.8 days. Currently, 1.5% of the company's stock are short sold. View HP's Current Options Chain.

Some companies that are related to HP include Apple (AAPL), Dell (DELL), NCR (NCR), Super Micro Computer (SMCI), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other HP investors own include Visa (V), Hewlett Packard Enterprise (HPE), Intel (INTC), AT&T (T), Cisco Systems (CSCO), Bank of America (BAC), Corbus Pharmaceuticals (CRBP), Gilead Sciences (GILD), NVIDIA (NVDA) and Alibaba Group (BABA).

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

HP's stock is owned by a variety of retail and institutional investors. Top institutional investors include Foundation Resource Management Inc. (0.03%), State of Alaska Department of Revenue (0.02%), F&V Capital Management LLC (0.02%), Pensionfund DSM Netherlands (0.01%), Sound Income Strategies LLC (0.01%) and Fulton Bank N.A. (0.01%). Company insiders that own HP stock include Alex Cho, Catherine A Lesjak, Christoph Schell, Claire Bramley, Dion J Weisler, Kim M Rivera, Marie Myers, Shumeet Banerji and Tracy S Keogh. View institutional ownership trends for HP.

HPQ stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., Investment House LLC, Pensionfund DSM Netherlands, CLARET ASSET MANAGEMENT Corp, and F&V Capital Management LLC. Company insiders that have sold HP company stock in the last year include Christoph Schell, Claire Bramley, Dion J Weisler, Kim M Rivera, Shumeet Banerji, and Tracy S Keogh. View insider buying and selling activity for HP.

HPQ stock was bought by a variety of institutional investors in the last quarter, including Polianta Ltd, American National Bank, Sound Income Strategies LLC, State of Alaska Department of Revenue, IBM Retirement Fund, PrairieView Partners LLC, and Fulton Bank N.A.. View insider buying and selling activity for 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.

One share of HPQ stock can currently be purchased for approximately $15.72.

HP has a market capitalization of $22.48 billion and generates $58.76 billion in revenue each year. The computer maker earns $3.15 billion in net income (profit) each year or $2.24 on an earnings per share basis. HP employs 56,000 workers across the globe. View additional information about HP.

The official website for HP is http://www.hp.com/.

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]