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. Since then, HPQ stock has decreased by 17.6% and is now trading at $15.9550. 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) issued its quarterly earnings data on Monday, February, 24th. The computer maker reported $0.65 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $0.11. The computer maker had revenue of $14.62 billion for 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%. The company's revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior 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 paid 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 4.42%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change 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 EPS guidance of $2.33-2.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.24.

15 equities research analysts have issued 1-year price targets for HP's shares. Their forecasts range from $14.00 to $26.00. On average, they anticipate HP's share price to reach $19.60 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View analysts' price targets for HP.

News headlines about HPQ stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing 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 closest to five being the most favorable. HP earned a daily 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, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHP.

HP saw a increase in short interest during 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 trading volume of 11,420,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.5% of the shares of the 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), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).

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), Corbus Pharmaceuticals (CRBP), Gilead Sciences (GILD), NVIDIA (NVDA) 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 institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), F&V Capital Management LLC (0.02%), Pensionfund DSM Netherlands (0.01%), Sound Income Strategies LLC (0.01%), Fulton Bank N.A. (0.01%) and Polianta Ltd (0.00%). 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, CLARET ASSET MANAGEMENT Corp, and F&V Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including Polianta Ltd, American National Bank, Sound Income Strategies LLC, State of Alaska Department of Revenue, IBM Retirement Fund, and 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 $15.96.

HP has a market capitalization of $22.81 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]