NYSE:HPQ - HP Stock Price, Forecast & News

HP's stock was trading at $19.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HPQ shares have decreased by 12.9% and is now trading at $16.86. View which stocks have been mosted impacted by Coronavirus.

14 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 3 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) released its quarterly earnings results on Monday, February, 24th. The computer maker reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.11. The computer maker had revenue of $14.62 billion for the quarter, compared to the consensus estimate of $14.64 billion. HP had a net margin of 5.16% and a negative return on equity of 261.23%. HP's revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 earnings per share. View HP's earnings history.

HP announced a quarterly dividend on Thursday, January 16th. Stockholders 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 annualized dividend and a dividend yield of 4.18%. 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 updated its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of $2.33-2.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.24.

14 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 $19.57 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for HP.

News headlines about HPQ stock have trended extremely negative recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog 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 media sentiment score of -4.0 on InfoTrie's scale. They also assigned news headlines about the computer maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutHP.

HP saw a increase in short interest in 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 daily volume of 11,420,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the shares of the company are short sold. 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other HP investors own include Visa (V), Intel (INTC), Hewlett Packard Enterprise (HPE), Cisco Systems (CSCO), Bank of America (BAC), AT&T (T), Corbus Pharmaceuticals (CRBP), NVIDIA (NVDA), Alibaba Group (BABA) and Gilead Sciences (GILD).

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

HP's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.85%), Geode Capital Management LLC (1.49%), Bank of New York Mellon Corp (1.29%), FMR LLC (1.27%), American International Group Inc. (1.19%) and LSV Asset Management (1.04%). 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 AQR Capital Management LLC, Boston Partners, Prudential Financial Inc., PGGM Investments, AXA, State Street Corp, Jacobs Levy Equity Management Inc., and Capital International Inc. CA. 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 Norges Bank, Baupost Group LLC MA, Janus Henderson Group PLC, Man Group plc, Renaissance Technologies LLC, Alyeska Investment Group L.P., American International Group Inc., and Acadian Asset Management LLC. 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 $16.86.

HP has a market capitalization of $24.11 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]