NYSE:HPQHP Stock Price, Forecast & 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 decreased by 25.2% and is now trading at $14.48. View which stocks have been mosted 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) released its 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 revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 EPS. View HP's earnings history.

HP declared a quarterly dividend on Thursday, January 16th. Investors 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 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend is Tuesday, March 10th. This is an increase 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 EPS estimate of $2.24.

15 analysts have issued 1 year target prices for HP's shares. Their forecasts range from $14.00 to $26.00. On average, they anticipate HP's stock price to reach $19.60 in the next year. This suggests a possible upside of 35.4% from the stock's current price. View analysts' price targets for HP.

Media coverage about HPQ stock has been trending very negative this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. HP earned a daily sentiment score of -3.3 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 news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutHP.

HP saw a increase in short interest in the month of 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 volume of 11,420,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.5% of the company's shares are sold short. View HP's Current Options Chain.

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

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), Bank of America (BAC), AT&T (T), Corbus Pharmaceuticals (CRBP), NVIDIA (NVDA), Gilead Sciences (GILD) and Pfizer (PFE).

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 shareholders include Pensionfund DSM Netherlands (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 Pensionfund DSM Netherlands. 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 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 $14.48.

HP has a market capitalization of $20.70 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]