NYSE:HPQ HP (HPQ) Stock Price, News & Analysis $34.76 -0.06 (-0.17%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About HP Stock (NYSE:HPQ) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$34.39▼$34.9250-Day Range$32.03▼$38.1252-Week Range$25.22▼$39.52Volume36.85 million shsAverage Volume8.03 million shsMarket Capitalization$34.01 billionP/E Ratio11.74Dividend Yield3.16%Price Target$35.55Consensus RatingHold Company OverviewHP Inc. provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserJet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.Read More… How the US Will Win the Great Lithium Race (Ad)China spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.Join GM as an early investor in this company by October 3. HP Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 92nd PercentileHP scored higher than 92% of companies evaluated by MarketBeat, and ranked 89th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingHP has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageHP has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about HP's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth6.78% Earnings GrowthEarnings for HP are expected to grow by 6.78% in the coming year, from $3.39 to $3.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of HP is 11.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.Price to Earnings Ratio vs. SectorThe P/E ratio of HP is 11.74, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 276.11.Price to Earnings Growth RatioHP has a PEG Ratio of 2.23. PEG Ratios above 1 indicate that a company could be overvalued.Read more about HP's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted3.17% of the float of HP has been sold short.Short Interest Ratio / Days to CoverHP has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in HP has recently increased by 11.68%, indicating that investor sentiment is decreasing significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldHP pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHP has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of HP is 37.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, HP will have a dividend payout ratio of 30.39% next year. This indicates that HP will be able to sustain or increase its dividend.Read more about HP's dividend. Sustainability and ESG3.0 / 5Environmental Score-1.55 Percentage of Shares Shorted3.17% of the float of HP has been sold short.Short Interest Ratio / Days to CoverHP has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in HP has recently increased by 11.68%, indicating that investor sentiment is decreasing significantly. News and Social Media3.2 / 5News Sentiment0.81 News SentimentHP has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for HP this week, compared to 14 articles on an average week.Search Interest21 people have searched for HPQ on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows10 people have added HP to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, HP insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,265,350.00 in company stock.Percentage Held by InsidersOnly 0.41% of the stock of HP is held by insiders.Percentage Held by Institutions77.53% of the stock of HP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about HP's insider trading history. HPQ Stock News HeadlinesHP Inc. (NYSE:HPQ) CEO Sells $7,013,373.16 in StockSeptember 14, 2024 | insidertrades.comHP Inc. (NYSE:HPQ) Given Average Recommendation of "Hold" by BrokeragesSeptember 20 at 2:47 AM | americanbankingnews.comHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.September 20, 2024 | DealMaker (Ad)Hewlett Packard Analyst Gives 5 Reasons To Be Bullish As Juniper Deal Promises To 'Shift Focus'September 18 at 9:16 AM | msn.comHP Inc. (NYSE:HPQ) is favoured by institutional owners who hold 81% of the companySeptember 16, 2024 | finance.yahoo.comInsider Selling: HP Inc. (NYSE:HPQ) CEO Sells 211,501 Shares of StockSeptember 16, 2024 | americanbankingnews.comHP Inc. (HPQ)September 16, 2024 | finance.yahoo.comHP Imagine 2024: Innovating for the Future of WorkSeptember 12, 2024 | stockhouse.comSee More Headlines HPQ Stock Analysis - Frequently Asked Questions How have HPQ shares performed this year? HP's stock was trading at $30.09 at the beginning of the year. Since then, HPQ stock has increased by 15.5% and is now trading at $34.76. View the best growth stocks for 2024 here. How were HP's earnings last quarter? HP Inc. (NYSE:HPQ) posted its quarterly earnings results on Wednesday, August, 28th. The computer maker reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.86 by $0.03. The business's revenue was up 2.4% compared to the same quarter last year. Read the conference call transcript. When did HP's stock split? Shares of HP reverse split before market open on Saturday, January 1st 2000. The 90.13-203 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 2nd 2015. An investor that had 100 shares of stock prior to the reverse split would have 44 shares after the split. How will HP's stock buyback program work? HP's Board of Directors authorized a share buyback plan on Wednesday, August 28th 2024, which allows the company to buy back $10,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 28.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued. Does HP have any subsidiaries? HP subsidiaries include Poly, Choose Packaging, Teradici Corporation, HyperX, Bromium, Apogee, Apogee Corp, and more. Who are HP's major shareholders? HP's top institutional investors include Primecap Management Co. CA (2.29%), Pacer Advisors Inc. (1.30%), LSV Asset Management (1.29%) and Legal & General Group Plc (1.09%). Insiders that own company stock include Berkshire Hathaway Inc, Alex Cho, Tuan Tran, Robert R Bennett, Subra Suresh, Kristen M Ludgate, Shumeet Banerji, Marie Myers, David P Mcquarrie, Enrique Lores, Stephanie Liebman, Bruce D Broussard, Barbara Barton Weiszhaar, Christoph Schell and Harvey Anderson. View institutional ownership trends. How do I buy shares of HP? Shares of HPQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of HP own? Based on aggregate information from My MarketBeat watchlists, some other companies that HP investors own include Visa (V), Intel (INTC), Hewlett Packard Enterprise (HPE), Cisco Systems (CSCO), AT&T (T), Pfizer (PFE) and Bank of America (BAC). Company Calendar Ex-Dividend for 7/13 Dividend6/12/2024Dividend Payable7/13/2024Last Earnings8/28/2024Ex-Dividend for 10/2 Dividend9/11/2024Today9/20/2024Dividend Payable10/02/2024Fiscal Year End10/31/2024Next Earnings (Estimated)11/19/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Computer & office equipment Sub-IndustryComputer Hardware Current SymbolNYSE:HPQ CUSIP42823610 CIK47217 Webwww.hp.com Phone650-857-1501Fax650-857-5518Employees58,000Year Founded1939Price Target and Rating Average Stock Price Target$35.55 High Stock Price Target$42.00 Low Stock Price Target$30.00 Potential Upside/Downside+2.1%Consensus RatingHold Rating Score (0-4)2.42 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.96 Trailing P/E Ratio11.76 Forward P/E Ratio10.27 P/E Growth2.23Net Income$3.26 billion Net Margins5.33% Pretax Margin6.13% Return on Equity-266.37% Return on Assets9.01% Debt Debt-to-Equity RatioN/A Current Ratio0.71 Quick Ratio0.43 Sales & Book Value Annual Sales$53.32 billion Price / Sales0.64 Cash Flow$4.35 per share Price / Cash Flow8.00 Book Value($1.44) per share Price / Book-24.18Miscellaneous Outstanding Shares978,560,000Free Float974,548,000Market Cap$34.07 billion OptionableOptionable Beta1.07 Social Links Should I Buy HP Stock? HPQ Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, September 19, 2024. Please send any questions or comments about these HP pros and cons to contact@marketbeat.com. HP Bull Case Here are some ways that investors could benefit from investing in HP Inc.: HP Inc. stock is currently trading at $36.18, showing a positive trend in the market. Analysts have given HP Inc. a consensus rating of "Moderate Buy" with a target price of $35.60, indicating potential growth. HP Inc. reported a revenue increase of 2.4% compared to the same quarter last year, showing positive growth. HP Inc. has a dividend yield of 3.05%, providing investors with a steady income stream. Recent analyst reports have upgraded HP Inc.'s price targets, indicating confidence in the company's future performance. HP Bear Case Investors should be bearish about investing in HP Inc. for these reasons: HP Inc. missed the consensus earnings estimate by ($0.03) in the last quarter, indicating potential volatility in financial performance. HP Inc. has a negative return on equity of 230.39%, which may raise concerns about the company's financial health. Insider transactions show selling activity by an insider, which could signal lack of confidence in the company's future prospects. HP Inc.'s payout ratio is 37.16%, which may limit the company's ability to reinvest in growth opportunities. Despite recent upgrades in price targets, HP Inc. has received mixed ratings from analysts, suggesting uncertainty in the stock's performance. This page (NYSE:HPQ) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. 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