NYSE:HPQ - HP Stock Price, News, & Analysis

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$24.49 -0.05 (-0.20 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$24.54
Today's Range$24.35 - $24.73
52-Week Range$18.59 - $24.80
Volume8.18 million shs
Average Volume8.80 million shs
Market Capitalization$39.52 billion
P/E Ratio14.82
Dividend Yield2.27%
Beta1.66
HP logoHP 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Computer & office equipment
Sub-IndustryComputer Hardware
SectorComputer and Technology
SymbolNYSE:HPQ
CUSIP42823610
Phone650-857-1501

Debt

Debt-to-Equity Ratio-2.41
Current Ratio0.84
Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio14.82
Forward P/E Ratio12.25
P/E Growth1.88

Sales & Book Value

Annual Sales$52.06 billion
Price / Sales0.76
Cash Flow$1.8940 per share
Price / Cash12.93
Book Value($2.04) per share
Price / Book-12.00

Profitability

EPS (Most Recent Fiscal Year)$1.65
Net Income$2.53 billion
Net Margins7.84%
Return on Equity-99.90%
Return on Assets9.34%

Miscellaneous

Employees49,000
Outstanding Shares1,610,510,000
Market Cap$39.52 billion

HP (NYSE:HPQ) Frequently Asked Questions

What is HP's stock symbol?

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

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

HP announced a quarterly dividend on Tuesday, June 19th. Investors of record on Wednesday, September 12th will be paid a dividend of $0.1393 per share on Wednesday, October 3rd. This represents a $0.56 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Tuesday, September 11th. View HP's Dividend History.

How were HP's earnings last quarter?

HP Inc. (NYSE:HPQ) announced its quarterly earnings results on Tuesday, May, 29th. The computer maker reported $0.48 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.48. The computer maker earned $14 million during the quarter, compared to analyst estimates of $13.57 billion. HP had a net margin of 7.84% and a negative return on equity of 99.90%. The business's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 earnings per share. View HP's Earnings History.

When is HP's next earnings date?

HP is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for HP.

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

HP issued an update on its FY18 earnings guidance on Tuesday, May, 29th. The company provided earnings per share (EPS) guidance of $1.97-$2.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.97. HP also updated its Q3 guidance to $0.49-$0.52 EPS.

What price target have analysts set for HPQ?

19 brokerages have issued 12 month target prices for HP's shares. Their forecasts range from $14.00 to $28.00. On average, they anticipate HP's share price to reach $24.4444 in the next year. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for HP.

What is the consensus analysts' recommendation for HP?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HP.

What are Wall Street analysts saying about HP stock?

Here are some recent quotes from research analysts about HP stock:
  • 1. According to Zacks Investment Research, "HP’s efforts to turnaround the business have been commendable. The company is focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger demand for its PC and Printing products in the market which are apparently paying off as reflected from its recent quarterly reports. It should be noted that the company is gaining from the recently-acquired Samsung’s printing (S-Print) business which has also helped HP in gaining market share in the $55-billion high-end copy-machine market. Nonetheless, prices of components such as DRAM and NAND are likely to remain high in 2018, which will continue to drag down the company’s margins. Shares underperfomed the industry on a year-to-date basis." (7/31/2018)
  • 2. Guggenheim analysts commented, "We continue to forecast HPQ’s PC growth and ASPs, in particular, starting to roll back over in FY18E, and so expect its progress integrating recently acquired Samsung biz and TAM expansion through A3 copiers proving necessary for its recently expanded P/E multiple. NEUTRAL. For HPQ’s Jan-qtr, we tick up our revenue estimate to $14.0B (+10%Y/Y) from $13.8B, driven by Personal Systems/PC revenue of $9.0B (+9%Y/Y) and Printing revs $5.0B (+12%Y/Y), with Printing +7%Y/Y ex-Samsung, still recovering from the Jan-17 qtr’s depressed inventory-reduction levels. We estimate PS/PCs accounting for 64% of revenues but Printing accounting for 68% of HPQ’s profits, driven by its high-margin razor/razorblade Supplies model. Even expecting some revenue upside, however, we keep our Jan-qtr EPS at $0.42, while our FY18E EPS remains $1.79 vs. HPQ’s $1.75-1.85 guide and consensus $1.81." (2/20/2018)
  • 3. Maxim Group analysts commented, "Normalized printing supplies up 3% y/y, a slight improvement from the 2% y/ y rate from the prior 2 quarters. Management expects normalized printing supplies to remain in the flat-to- slightly up range. Backing out impact of A3 market entry, core printing supplies at best projected to be flattish. Maintaining Hold rating and 12-month price target of $25, which is based on 14x our unchanged FY18 EPS estimate of $1.79." (11/22/2017)

Are investors shorting HP?

HP saw a decline in short interest in July. As of July 31st, there was short interest totalling 19,625,684 shares, a decline of 21.1% from the July 13th total of 24,879,010 shares. Based on an average daily volume of 5,630,312 shares, the short-interest ratio is currently 3.5 days. Currently, 1.2% of the shares of the company are sold short. View HP's Current Options Chain.

Who are some of HP's key competitors?

Who are HP's key executives?

HP's management team includes the folowing 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

Has HP been receiving favorable news coverage?

Media coverage about HPQ stock has trended somewhat positive on Tuesday, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HP earned a news and rumor sentiment score of 0.20 on Accern's scale. They also gave media headlines about the computer maker an impact score of 46.08 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for HP.

Who are HP's major shareholders?

HP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.67%), Boston Partners (2.41%), FMR LLC (1.80%), American International Group Inc. (1.37%), Bank of New York Mellon Corp (1.11%) and Dimensional Fund Advisors LP (0.89%). Company insiders that own HP stock include Catherine A Lesjak, Daryl Hodges, Dion J Weisler, Enrique Lores, Exploration Ltd Fancamp, Jon E Flaxman, Kim M Rivera, Margaret C Whitman, Marie Myers, Peter Henderson Smith, Ron Coughlin, 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 Millennium Management LLC, Pzena Investment Management LLC, First Quadrant L P CA, BlackRock Inc., Boston Advisors LLC, State Treasurer State of Michigan, American International Group Inc. and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold HP company stock in the last year include Dion J Weisler, Enrique Lores, Jon E Flaxman, Kim M Rivera, Marie Myers, Ron Coughlin, Shumeet Banerji and Tracy S Keogh. View Insider Buying and Selling for HP.

Which major investors are buying HP stock?

HPQ stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Natixis, Hexavest Inc., Point72 Asset Management L.P., Chevy Chase Trust Holdings Inc., DnB Asset Management AS, Schwab Charles Investment Management Inc. and Bank of Montreal Can. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is HP's stock price today?

One share of HPQ stock can currently be purchased for approximately $24.49.

How big of a company is HP?

HP has a market capitalization of $39.52 billion and generates $52.06 billion in revenue each year. The computer maker earns $2.53 billion in net income (profit) each year or $1.65 on an earnings per share basis. HP employs 49,000 workers across the globe.

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]


MarketBeat Community Rating for HP (NYSE HPQ)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  1,104 (Vote Outperform)
Underperform Votes:  1,382 (Vote Underperform)
Total Votes:  2,486
MarketBeat's community ratings are surveys of what our community members think about HP and other stocks. Vote "Outperform" if you believe HPQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HPQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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