Market Inference Reports -- HPQ Stock

Large-cap Technology company HP has logged a -0.9% change today on a trading volume of 6,349,372. The average volume for the stock is 8,416,765.

HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company is now trading -2.37% away from its average analyst target price of $31.4 per share. The 15 analysts following the stock have set target prices ranging from $22.0 to $40.0, and on average give HP a rating of buy.

Over the last 52 weeks, HPQ stock has risen 15.8%, which amounts to a -6.8% difference compared to the S&P 500. The stock's 52 week high is $33.9 whereas its 52 week low is $25.22 per share. With its net margins declining an average -12.1% over the last 6 years, HP may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 54,675,000 2,266,000 4 -20.0
2022 62,910,000 3,132,000 5 -50.0
2021 63,460,000 6,541,000 10 100.0
2020 56,638,000 2,815,000 5 0.0
2019 58,756,000 3,152,000 5 -44.44
2018 58,472,000 5,327,000 9
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.