Briefing From The Editor -- HPQ Stock

By Kim Brooks • Tuesday, December 19 12:02 • Permanent Link

Large-cap Technology company HP has moved 0.1% so far today on a volume of 2,470,806, compared to its average of 8,815,115. In contrast, the S&P 500 index moved 0.0%.

HP trades -3.52% 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 have given HP a rating of buy.

If you are considering an investment in HPQ, you'll want to know the following:

HP has moved 13.7% over the last year, and the S&P 500 logged a change of 24.0%
Based on its trailing earnings per share of 3.26, HP has a trailing 12 month Price to Earnings (P/E) ratio of 9.3 while the S&P 500 average is 15.97
HPQ has a forward P/E ratio of 8.3 based on its forward 12 month price to earnings (EPS) of $3.66 per share
The company has a price to earnings growth (PEG) ratio of 1.14 — a number near or below 1 signifying that HP is fairly valued compared to its estimated growth potential
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 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.