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

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$22.01 -0.28 (-1.26 %)
(As of 12/16/2018 01:46 PM ET)
Previous Close$22.01
Today's Range$21.94 - $22.4350
52-Week Range$19.31 - $27.08
Volume11.96 million shs
Average Volume11.08 million shs
Market Capitalization$34.83 billion
P/E Ratio10.90
Dividend Yield2.91%
Beta1.45
HP 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
Current SymbolNYSE:HPQ
Previous Symbol
CUSIP42823610
Phone650-857-1501

Debt

Debt-to-Equity RatioN/A
Current Ratio0.85
Quick Ratio0.61

Price-To-Earnings

Trailing P/E Ratio10.90
Forward P/E Ratio10.14
P/E Growth2.13

Sales & Book Value

Annual Sales$58.47 billion
Price / Sales0.60
Cash Flow$2.4240 per share
Price / Cash Flow9.08
Book Value($0.40) per share
Price / Book-55.03

Profitability

EPS (Most Recent Fiscal Year)$2.02
Net Income$5.33 billion
Net Margins9.11%
Return on Equity-188.62%
Return on Assets9.71%

Miscellaneous

Employees49,000
Outstanding Shares1,582,410,000
Market Cap$34.83 billion
OptionableOptionable

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 declared a quarterly dividend on Tuesday, November 13th. Investors of record on Thursday, December 13th will be given a dividend of $0.1602 per share on Wednesday, January 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Wednesday, December 12th. This is a positive change from HP's previous quarterly dividend of $0.14. View HP's Dividend History.

How were HP's earnings last quarter?

HP Inc. (NYSE:HPQ) announced its quarterly earnings data on Thursday, November, 29th. The computer maker reported $0.54 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.54. The computer maker had revenue of $15.37 billion for the quarter, compared to analyst estimates of $15.13 billion. HP had a negative return on equity of 188.62% and a net margin of 9.11%. HP's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 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, February 28th 2019. View Earnings Estimates for HP.

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

HP updated its FY19 earnings guidance on Thursday, November, 29th. The company provided earnings per share (EPS) guidance of $2.12-2.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.18. HP also updated its FY 2019 guidance to $2.12-2.22 EPS.

What price target have analysts set for HPQ?

18 equities research analysts have issued 12 month price targets for HP's shares. Their predictions range from $22.00 to $32.00. On average, they anticipate HP's stock price to reach $27.20 in the next year. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for HP.

What is the consensus analysts' recommendation for HP?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 revive the business have been commendable. The company’s focus on innovation, pricing, and marketing and sales activities to trigger demand for its PC and Printing products in the market are apparently paying off. Rising demand for notebooks, desktops and workstations on the back of product innovation and differentiations is benefiting HP in the PC market. It should be noted that the recently-acquired Samsung’s printing business is helping the company in gaining market share in the $55-billion high-end copy-machine market. Nonetheless, the ongoing shift toward tablets and smartphone is a concern. Global trade environment and currency volatility remain other key challenges. Shares have underperformed the industry on a year-to-date basis." (10/17/2018)
  • 2. Maxim Group analysts commented, "EPS Guidance ahead of our estimates and consensus; raising 12-month price target to $32, from $29, optionality of 3D printing remains exciting. Sustained PC (~30% of operating profits) profitable share gain powered by differentiated security & manageability within commercial space (see page 2). Sustained printing (~70% of operating profits) growth powered by adjacent market share gains in copier & graphics (see page 2)." (10/4/2018)

Has HP been receiving favorable news coverage?

Press coverage about HPQ stock has been trending positive on Sunday, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. HP earned a news impact score of 3.0 on InfoTrie's scale. They also assigned press coverage about the computer maker a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the near term.

Are investors shorting HP?

HP saw a drop in short interest in the month of November. As of November 30th, there was short interest totalling 18,561,689 shares, a drop of 12.3% from the November 15th total of 21,171,993 shares. Based on an average daily volume of 10,811,693 shares, the short-interest ratio is presently 1.7 days. Approximately 1.2% of the company's shares 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

Who are HP's major shareholders?

HP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (8.02%), Vanguard Group Inc. (8.02%), BlackRock Inc. (6.69%), Dodge & Cox (5.17%), Primecap Management Co. CA (3.95%) and Deutsche Bank AG (1.96%). Company insiders that own HP stock include Alex Cho, 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 Deutsche Bank AG, Canada Pension Plan Investment Board, Mitsubishi UFJ Trust & Banking Corp, Vanguard Group Inc., Vanguard Group Inc, BlackRock Inc., Miller Howard Investments Inc. NY and American International Group Inc.. Company insiders that have sold HP company stock in the last year include Alex Cho, Catherine A Lesjak, 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 bought by a variety of institutional investors in the last quarter, including Morgan Stanley, DNB Asset Management AS, AQR Capital Management LLC, American Century Companies Inc., Bank of New York Mellon Corp, SG Americas Securities LLC, LSV Asset Management and Capital Research Global Investors. 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 $22.01.

How big of a company is HP?

HP has a market capitalization of $34.83 billion and generates $58.47 billion in revenue each year. The computer maker earns $5.33 billion in net income (profit) each year or $2.02 on an earnings per share basis. HP employs 49,000 workers across the globe.

What is HP's official website?

The official website for HP is http://www.hp.com.

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:  2.3 out of 5 (star star)
Outperform Votes:  1,215 (Vote Outperform)
Underperform Votes:  1,453 (Vote Underperform)
Total Votes:  2,668
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 12/16/2018 by MarketBeat.com Staff

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