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. Shareholders 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 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Tuesday, September 12th. View HP's Dividend History.

HP Inc. (NYSE:HPQ) released its quarterly earnings data on Wednesday, August, 23rd. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.01. The business earned $13.06 billion during the quarter, compared to analyst estimates of $12.31 billion. HP had a negative return on equity of 64.93% and a net margin of 4.66%. HP's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 EPS. View HP's Earnings History.

HP is scheduled to release their next quarterly earnings announcement on Tuesday, November, 28th 2017. View Earnings Estimates for HP.

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 estimate of $0.44.

21 equities research analysts have issued 12-month target prices for HP's stock. Their forecasts range from $14.00 to $25.00. On average, they anticipate HP's stock price to reach $20.58 in the next year. View Analyst Ratings for HP.

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

• 1. Maxim Group analysts commented, "Printing supplies continues to traject up 2% y/y on an adjusted basis. Management increased FY17 guidance slightly. We raise our 12-month price modestly to $22, from $21." (8/24/2017)
• 2. 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)
• 3. 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)
• 4. 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)
• 5. 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)

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), Knowles Corporation (KN), Synaptics Incorporated (SYNA), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Quantum Corporation (QTM), Focusrite PLC (TUNE), Key Tronic Corporation (KTCC), RadiSys (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 a number of of institutional and retail investors. Top institutional shareholders 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, 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 purchased 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 $19.94.