HP Company Profile (NYSE:HPQ)

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

HP declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.1327 per share on Wednesday, October 4th. This represents a $0.53 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Tuesday, September 12th. View HP's Dividend History.

HP Inc. (NYSE:HPQ) issued its quarterly earnings results on Wednesday, August, 23rd. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.01. The firm earned $13.06 billion during the quarter, compared to the consensus estimate of $12.31 billion. HP had a negative return on equity of 68.86% and a net margin of 4.94%. HP's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 earnings per share. View HP's Earnings History.

HP updated its fourth quarter earnings guidance on Wednesday, August, 23rd. The company provided EPS guidance of $0.42-0.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.44.

21 brokerages have issued 1 year price targets for HP's stock. Their predictions range from $14.00 to $23.00. On average, they expect HP's share price to reach $19.94 in the next twelve months. View Analyst Ratings for HP.

Here are some recent quotes from research analysts about HP stock:

• 1. According to Zacks Investment Research, "The spin-off from its parent, Hewlett-Packard Company, along with restructuring initiatives, such as focus on product innovations, pricing, marketing and sales activities, divestment of non-core assets and cutting jobs to lower costs, are apparently paying off at last. Per Gartner, HP managed to regain the top position by replacing Lenovo in the second quarter. Further, this was the fifth consecutive quarter of year-over-year shipment growth for the company, following five back-to-back quarters of underperformance. Going forward, the research firm IDC’s forward looking statement indicates that the PC industry has been moving toward stabilization. The aforementioned positive comments on the PC market will benefit the business prospects of HP. Also, HP will revive its printing business and grab a bigger share in the inkjet printer market with the shipping of its A3 multifunction printers. However, competition from peers remains a concern." (8/23/2017)
• 2. Wells Fargo & Company analysts commented, "We recently hosted investor meetings with HPQ IR and also attended HPQ's print event in Barcelona with presentations by Enrique Lores, Stephen Nigro, and members of their leadership team as well as a tour of HPQ's facilities and products (including new products shipping this year). We thought management's tone was very confident in both delivering supplies growth on a reported basis by FQ3, in constant currency (which we believe is not well understood by the Street), and in driving growth through innovative products (which we feel more confident about having seen its upcoming products). We maintain our view that mix shifts occurring in the businesses should help to drive margin expansion above Street expectations in F18, all else equal." (3/23/2017)
• 3. Royal Bank Of Canada analysts commented, "All You Need To Know: The focus during discussions centered around 1) Printing dynamics and confidence in returning to flat y/y revenues in supplies; 2) PC market dynamics; 3) Component pricing (DRAM/NAND); 4) Recent Samsung printing acquisition/contribution; 5) FCF and capital allocation. Fundamentally, we believe a confluence of tailwinds could abate y/y revenue declines through FY17 and eventually result in potential y/y revenue growth in 2018. From a FCF yield perspective, HPQ continues to be one of the more attractive names in our coverage with an ~10% yield. Maintain Sector Perform and raising PT to $18 from $17. \" (3/13/2017)
• 4. Jefferies Group LLC analysts commented, "FQ1 results were solid, with a nice revenue beat and modest EPS beat as well; weak gross margin driven by currency and component supply tighthess prevented incremental leverage on expenses. Notebooks, Printer Hardware and Supplies all performed well. Guidance was OK. We liked the continued improvement in execution but are still looking for another entry point. Q1 Beat. Q1 (Jan) revenue reached $12.68B (+5%Y/Y in CC), beating the Street's $11.83B. Q1 EPS reached $0.38 vs. Consensus of $0.37. Lower-than-expected gross margin of 17.7% vs. the Street's 18.5% prevented significant incremental leverage on expenses despite the revenue upside." (2/23/2017)
• 5. BMO Capital Markets analysts commented, "HP Inc. reported positive headline results, and guidance that was largely in line with our/consensus view. Revenue impressed, as both segments beat expectations. PCs showed particular strength, as sales were up 10%'the highest growth rate since 2014. We are updating our PC model with a more moderate outlook for unit declines in 2016 and 2017, but remain on the sidelines on HPQ because challenges in both end markets will prevail. Our FY2017 EPS estimate goes to $1.60 from $1.62, while our FY2018 EPS estimate of $1.68 is unchanged' Revenue was $12.7 billion, well above our/consensus estimates of $12.0 billion/$11.8 billion as both segments outperformed in the quarter. EPS of $0.38 beat our/consensus estimates of $0.36/$0.37, and came in at the high end of guidance." (2/23/2017)

HP saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 31,693,604 shares, an increase of 13.7% from the July 14th total of 27,879,616 shares. Based on an average trading volume of 9,505,747 shares, the short-interest ratio is presently 3.3 days. Currently, 1.9% of the shares of the company are short sold.

Some companies that are related to HP include Hewlett Packard Enterprise Company (HPE), Seagate Technology PLC (STX), Logitech International S.A. (LOGI), Electronics for Imaging (EFII), Synaptics Incorporated (SYNA), Knowles Corporation (KN), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Focusrite PLC (TUNE), Quantum Corporation (QTM), Key Tronic Corporation (KTCC), RadiSys Corporation (RSYS), Digital River (DRIV), Domino Printing Sciences Plc (DNO), EMC (EMC), Fusion-IO (FIO) and Lexmark International (LXK).

HP's management team includes the folowing people:

• Charles V. Bergh, Independent Chairman of the Board
• Dion J. Weisler, President, Chief Executive Officer, Director
• Catherine A. Lesjak, Chief Financial Officer
• Ron Coughlin, President, Personal Systems
• Enrique Lores, President, Printing, Solutions and Services business
• Jon E. Flaxman, Chief Operating Officer
• Tracy S. Keogh, Chief Human Resource Officer
• Kim M. Rivera, General Counsel, Chief Legal Officer
• Marie Myers, Global Controller and Head of Finance Services
• Mary Anne Citrino, Independent Director

HP's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.34%), Dodge & Cox (6.94%), BlackRock Inc. (6.45%), State Street Corp (4.63%), FMR LLC (2.32%) and Boston Partners (1.55%). Company insiders that own HP stock include Catherine A Lesjak, Henry Gomez, Jeff T Ricci, Jon E Flaxman, Kim M Rivera, Margaret C Whitman, Marie Myers, Martin Fink, Rajiv Gupta, Ron Coughlin and Tracy S Keogh. View Institutional Ownership Trends for HP.

HP's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FIL Ltd, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., TIAA CREF Investment Management LLC, Federated Investors Inc. PA, Arrowstreet Capital Limited Partnership and WINTON GROUP Ltd. Company insiders that have sold HP stock in the last year include Catherine A Lesjak, Jon E Flaxman, Kim M Rivera, Margaret C Whitman, Marie Myers, Ron Coughlin and Tracy S Keogh. View Insider Buying and Selling for HP.

HP's stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Parametric Portfolio Associates LLC, Wells Fargo & Company MN, Prudential Financial Inc., DekaBank Deutsche Girozentrale, Ameriprise Financial Inc., BlackRock Inc. and DnB Asset Management AS. View Insider Buying and Selling for HP.

Shares of HP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of HP stock can currently be purchased for approximately $18.86.