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 12.5% and is now trading at $16.94. View which stocks have been most 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 Wednesday, May 27th 2020. View our earnings forecast for HP.

HP Inc. (NYSE:HPQ) released its quarterly earnings results on Monday, February, 24th. The computer maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.11. The computer maker earned $14.62 billion during the quarter, compared to analysts' expectations of $14.64 billion. HP had a net margin of 5.16% and a negative return on equity of 261.23%. The business's revenue was down .6% on a year-over-year basis. During the same quarter last year, the company earned $0.52 EPS. View HP's earnings history.

HP announced a quarterly dividend on Friday, May 15th. Investors 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 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Tuesday, June 9th. View HP's dividend history.

15 brokerages have issued 1 year price targets for HP's stock. Their forecasts range from $11.00 to $26.00. On average, they expect HP's stock price to reach $18.86 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for HP.

News coverage about HPQ stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 coverage optimism score of -1.0 on InfoTrie's scale. They also gave press coverage about the computer maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutHP.

HP saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 19,440,000 shares, an increase of 8.5% from the March 31st total of 17,910,000 shares. Based on an average daily volume of 14,560,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.4% of the company's shares 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), 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 many different 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, 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 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. 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 $16.94.

HP has a market capitalization of $24.22 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]