HP Company Profile (NYSE:HPQ)

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

HP announced a quarterly dividend on Tuesday, July 25th. Investors of record on Wednesday, September 13th will be given a dividend of $0.1327 per share on Wednesday, October 4th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Tuesday, September 12th. View HP's Dividend History.

HP Inc. (NYSE:HPQ) posted its quarterly earnings data on Wednesday, August, 23rd. The company reported $0.43 EPS for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.01. The firm had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $12.31 billion. HP had a net margin of 4.66% and a negative return on equity of 64.93%. The firm's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.48 earnings per share. View HP's Earnings History.

HP is scheduled to release their next quarterly earnings announcement on Tuesday, November, 28th 2017. View Earnings Estimates for HP.

HP issued an update on its FY18 earnings guidance on Thursday, October, 12th. The company provided earnings per share (EPS) guidance of $1.74 -1.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76.

21 analysts have issued twelve-month target prices for HP's stock. Their forecasts range from $14.00 to $26.00. On average, they expect HP's stock price to reach $21.43 in the next twelve months. View Analyst Ratings for HP.

Here are some recent quotes from research analysts about HP stock:

• 1. According to Zacks Investment Research, "Shares of technology giant, HP has outperformed the industry on a year-to-basis. The company’s efforts to turn around the business have been commendable. HP is working on product innovation, differentiation and enhancing the capabilities of its printing business to stabilize the top line. Furthermore, looking at the recently released data on PC shipment by IDC depicts that HP’s restructuring initiatives which includes divestment of non-core assets and cutting jobs to lower costs along with focus on product innovations, pricing, marketing and sales activities, are paying off. Nonetheless, pricing pressure due to intense competition remains a major concern. Moreover, a tepid IT spending environment adds to its woes." (10/10/2017)
• 2. Maxim Group analysts commented, "Printing supplies continues to traject up 2% y/y on an adjusted basis. Management increased FY17 guidance slightly. We raise our 12-month price modestly to $22, from $21." (8/24/2017)
• 3. Wells Fargo & Company analysts commented, "We recently hosted investor meetings with HPQ IR and also attended HPQ's print event in Barcelona with presentations by Enrique Lores, Stephen Nigro, and members of their leadership team as well as a tour of HPQ's facilities and products (including new products shipping this year). We thought management's tone was very confident in both delivering supplies growth on a reported basis by FQ3, in constant currency (which we believe is not well understood by the Street), and in driving growth through innovative products (which we feel more confident about having seen its upcoming products). We maintain our view that mix shifts occurring in the businesses should help to drive margin expansion above Street expectations in F18, all else equal." (3/23/2017)
• 4. Royal Bank Of Canada analysts commented, "All You Need To Know: The focus during discussions centered around 1) Printing dynamics and confidence in returning to flat y/y revenues in supplies; 2) PC market dynamics; 3) Component pricing (DRAM/NAND); 4) Recent Samsung printing acquisition/contribution; 5) FCF and capital allocation. Fundamentally, we believe a confluence of tailwinds could abate y/y revenue declines through FY17 and eventually result in potential y/y revenue growth in 2018. From a FCF yield perspective, HPQ continues to be one of the more attractive names in our coverage with an ~10% yield. Maintain Sector Perform and raising PT to $18 from $17. \" (3/13/2017)
• 5. Jefferies Group LLC analysts commented, "FQ1 results were solid, with a nice revenue beat and modest EPS beat as well; weak gross margin driven by currency and component supply tighthess prevented incremental leverage on expenses. Notebooks, Printer Hardware and Supplies all performed well. Guidance was OK. We liked the continued improvement in execution but are still looking for another entry point. Q1 Beat. Q1 (Jan) revenue reached $12.68B (+5%Y/Y in CC), beating the Street's $11.83B. Q1 EPS reached $0.38 vs. Consensus of $0.37. Lower-than-expected gross margin of 17.7% vs. the Street's 18.5% prevented significant incremental leverage on expenses despite the revenue upside." (2/23/2017)

Some companies that are related to HP include Hewlett Packard Enterprise Company (HPE), Seagate Technology PLC (STX), Logitech International S.A. (LOGI), Electronics for Imaging (EFII), Knowles Corporation (KN), Synaptics Incorporated (SYNA), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Quantum Corporation (QTM), Focusrite PLC (TUNE), Key Tronic Corporation (KTCC), RadiSys Corporation (RSYS), Digital River (DRIV), Domino Printing Sciences Plc (DNO), EMC (EMC), Fusion-IO (FIO) and Lexmark International (LXK).

HP's management team includes the folowing people:

• Charles V. Bergh, Independent Chairman of the Board
• Dion J. Weisler, President, Chief Executive Officer, Director
• Catherine A. Lesjak, Chief Financial Officer
• Ron Coughlin, President, Personal Systems
• Enrique Lores, President, Printing, Solutions and Services business
• Jon E. Flaxman, Chief Operating Officer
• Tracy S. Keogh, Chief Human Resource Officer
• Kim M. Rivera, General Counsel, Chief Legal Officer
• Marie E Myers, Global Controller and Head of Finance Services
• Mary Anne Citrino, Independent Director

HP's stock is owned by a number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.68%), PGGM Investments (0.13%), Robeco Institutional Asset Management B.V. (0.10%), State Treasurer State of Michigan (0.09%), Nationwide Fund Advisors (0.09%) and Denali Advisors LLC (0.04%). Company insiders that own HP stock include Catherine A Lesjak, Dion J Weisler, Enrique Lores, Jon E Flaxman, Kim M Rivera, Margaret C Whitman, Marie Myers, Rajiv Gupta, Ron Coughlin and Tracy S Keogh. View Institutional Ownership Trends for HP.

HP's stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, Mutual of America Capital Management LLC, Oakbrook Investments LLC, Denali Advisors LLC, Boyd Watterson Asset Management LLC OH, Farmers & Merchants Investments Inc. and Nationwide Fund Advisors. Company insiders that have sold HP stock in the last year include Catherine A Lesjak, Dion J Weisler, Enrique Lores, Jon E Flaxman, Kim M Rivera, Margaret C Whitman, Marie Myers, Ron Coughlin and Tracy S Keogh. View Insider Buying and Selling for HP.

HP's stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, State Treasurer State of Michigan, APG Asset Management N.V., Robeco Institutional Asset Management B.V., Balasa Dinverno & Foltz LLC, Fox Run Management L.L.C., Carnick & Kubik Group LLC and CAPROCK Group Inc.. View Insider Buying and Selling for HP.

Shares of HP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of HP stock can currently be purchased for approximately $22.12.