HP Stock Forecast, Price & News

HP's stock was trading at $19.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HPQ stock has increased by 30.0% and is now trading at $25.17.
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18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 3 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HP stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPQ, but not buy additional shares or sell existing shares.
View analyst ratings for HP or view MarketBeat's top 5 stock picks.

Wall Street analysts have given HP a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas 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.
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HP is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for HP.

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 Thomson Reuters' 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 period in the prior year, the firm posted $0.60 earnings per share.
View HP's earnings history.

HP announced a quarterly dividend on Wednesday, January 13th. Stockholders of record on Wednesday, March 10th will be paid a dividend of $0.1938 per share on Wednesday, April 7th. This represents a $0.78 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Tuesday, March 9th.
View HP's dividend history.

HP pays an annual dividend of $0.78 per share and currently has a dividend yield of 3.04%. HP does not yet have a strock track record of dividend growth. The dividend payout ratio of HP is 34.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 26.35% next year. This indicates that HP will be able to sustain or increase its dividend.
View HP's dividend history.

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

18 analysts have issued 12-month target prices for HP's stock. Their forecasts range from $11.00 to $30.00. On average, they expect HP's stock price to reach $20.97 in the next year. This suggests that the stock has a possible downside of 16.7%.
View analysts' price targets for HP or view Wall Street analyst' top-rated stocks.

HP saw a increase in short interest in December. As of December 31st, there was short interest totaling 13,530,000 shares, an increase of 15.1% from the December 15th total of 11,750,000 shares. Based on an average daily volume of 9,120,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.1% of the company's stock are short sold.
View HP's Short Interest.

Some companies that are related to HP include Apple (AAPL), Dell Technologies (DELL), NCR (NCR), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).
View all of HPQ's competitors.

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).

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

HP's stock is owned by a number of retail and institutional investors. Top institutional investors include Crossmark Global Holdings Inc. (0.04%), Hexavest Inc. (0.04%), CHURCHILL MANAGEMENT Corp (0.03%), Rockland Trust Co. (0.02%), F&V Capital Management LLC (0.02%) and Investment House LLC (0.02%). 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.

HPQ stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., CHURCHILL MANAGEMENT Corp, Crossmark Global Holdings Inc., Huntington National Bank, State of Alaska Department of Revenue, Mountain Capital Investment Advisors Inc, First Citizens Bank & Trust Co., and TrimTabs Asset Management LLC. Company insiders that have sold HP company stock in the last year include Alex Cho, Christoph Schell, Claire Bramley, Kim M Rivera, and Tracy S Keogh.
View insider buying and selling activity for HP or view top insider-selling stocks.

HPQ stock was purchased by a variety of institutional investors in the last quarter, including Investment House LLC, Prairiewood Capital LLC, Sound Income Strategies LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, American National Bank, Jacobs & Co. CA, and F&V Capital Management 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 or or view top insider-buying stocks.

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

One share of HPQ stock can currently be purchased for approximately $25.17.

HP has a market capitalization of $32.46 billion and generates $56.64 billion in revenue each year. The computer maker earns $2.84 billion in net income (profit) each year or $2.28 on an earnings per share basis. HP employs 53,000 workers across the globe.

The official website for HP is 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]