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 (WHO). Since then, HPQ stock has decreased by 11.8% and is now trading at $17.08. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 12 hold ratings and 3 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, August 27th 2020. View our earnings forecast for HP.

HP Inc. (NYSE:HPQ) announced its earnings results on Wednesday, May, 27th. The computer maker reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.07. The computer maker had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.78 billion. HP had a net margin of 5.27% and a negative return on equity of 295.77%. The company's revenue was down 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.53 EPS. View HP's earnings history.

HP declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.1762 per share on Wednesday, October 7th. This represents a $0.70 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Tuesday, September 8th. View HP's dividend history.

HP issued an update on its third quarter earnings guidance on Wednesday, May, 27th. The company provided earnings per share (EPS) guidance of $0.39-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.45.

17 brokerages have issued twelve-month price objectives for HP's stock. Their forecasts range from $11.00 to $21.00. On average, they anticipate HP's stock price to reach $18.13 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View analysts' price targets for HP.

Media stories about HPQ stock have been trending very negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. HP earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage 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 next few days. View the latest news about HP.

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

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), Pfizer (PFE), NVIDIA (NVDA), Gilead Sciences (GILD) and Alibaba Group (BABA).

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

HP's stock is owned by many different institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.22%), Envestnet Asset Management Inc. (0.07%), Foundation Resource Management Inc. (0.02%), Rockland Trust Co. (0.02%), State of Alaska Department of Revenue (0.02%) and Farmers Trust Co. (0.02%). Company insiders that own HP stock include Alex Cho, Catherine A Lesjak, 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 IFM Investors Pty Ltd, Investment House LLC, Rockland Trust Co., Foundation Resource Management Inc., Diversified Trust Co, Patriot Financial Group Insurance Agency LLC, State of Alaska Department of Revenue, and Clarius Group LLC. Company insiders that have sold HP company stock in the last year include Christoph Schell, Dion J Weisler, 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 DNB Asset Management AS, Exane Derivatives, OmniStar Financial Group Inc., NuWave Investment Management LLC, Unison Advisors LLC, Cypress Capital Group, Fulton Bank N. A., and Sound Income Strategies 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.

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 $17.08.

HP has a market capitalization of $24.42 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.

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]