NYSE:HPQHP 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 (WHO). Since then, HPQ stock has decreased by 10.1% and is now trading at $17.41. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 11 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) issued its quarterly earnings results on Wednesday, May, 27th. The computer maker reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.07. The computer maker had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.78 billion. HP had a negative return on equity of 295.77% and a net margin of 5.27%. The company's revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 earnings per share. View HP's earnings history.

HP declared a quarterly dividend on Friday, May 15th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.1762 per share on Wednesday, July 1st. This represents a $0.70 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date is Tuesday, June 9th. 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 guidance of $0.39-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.45.

16 equities research analysts have issued twelve-month price targets for HP's shares. Their forecasts range from $11.00 to $26.00. On average, they expect HP's share price to reach $18.40 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for HP.

Press coverage about HPQ stock has trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. HP earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the computer maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutHP.

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.07%), State Street Corp (4.49%), Primecap Management Co. CA (2.56%), Deutsche Bank AG (1.74%), Geode Capital Management LLC (1.58%) and Baupost Group LLC MA (1.40%). Company insiders that own HP stock include Alex Cho, Catherine A Lesjak, Christoph Schell, Claire Bramley, Dion J Weisler, Enrique Lores, Kim M Rivera, Marie Myers, 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 Wellington Management Group LLP, Two Sigma Investments LP, Primecap Management Co. CA, State Street Corp, DNB Asset Management AS, American International Group Inc., Two Sigma Advisers LP, and Morgan Stanley. 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 Baupost Group LLC MA, APG Asset Management N.V., Nuveen Asset Management LLC, Magnetar Financial LLC, JPMorgan Chase & Co., BlackRock Inc., Janus Henderson Group PLC, and Swiss National Bank. 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 $17.41.

HP has a market capitalization of $24.89 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]