Shares of HP have moved -3.3% today, and are now trading at a price of $34.71. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 5,601,062 compared to the stock's average volume of 8,123,788.
HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. Based in Palo Alto, United States the company has 58,000 full time employees and a market cap of $33,965,815,808. HP currently offers its equity investors a dividend that yields 3.0% per year.
The company is now trading -4.27% away from its average analyst target price of $36.26 per share. The 14 analysts following the stock have set target prices ranging from $30.0 to $45.0, and on average give HP a rating of buy.
Over the last 52 weeks, HPQ stock has risen 14.8%, which amounts to a -11.5% difference compared to the S&P 500. The stock's 52 week high is $39.52 whereas its 52 week low is $25.22 per share. With its net margins declining an average -6.4% over the last 6 years, HP may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 53,718,000 | 3,263,000 | 6 | 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 |
