NYSE:HPQ - HP Stock Price, Forecast & News

HP's stock was trading at $19.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HPQ shares have decreased by 20.0% and is now trading at $15.49. 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) announced its earnings results on Monday, February, 24th. The computer maker reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.11. The computer maker earned $14.62 billion during the quarter, compared to analyst estimates of $14.64 billion. HP had a net margin of 5.16% and a negative return on equity of 261.23%. HP's quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. View HP's earnings history.

HP declared a quarterly dividend on Thursday, January 16th. Stockholders 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 4.55%. The ex-dividend date is Tuesday, March 10th. This is a boost from HP's previous quarterly dividend of $0.18. View HP's dividend history.

HP issued an update on 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 earnings per share estimate of $2.24.

15 equities research analysts have issued 1 year price targets for HP's stock. Their forecasts range from $14.00 to $26.00. On average, they expect HP's share price to reach $19.60 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View analysts' price targets for HP.

Media coverage about HPQ stock has been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also assigned media headlines about the computer maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutHP.

HP saw a increase in short interest in 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 trading volume of 11,420,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the company's stock 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), 3D Systems (DDD), Stratasys (SSYS), 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 Alibaba Group (BABA).

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

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 $15.49.

HP has a market capitalization of $22.15 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]