Analyzing HPQ Stock – A Market Inference Guide

By Tamara Parker • Tuesday, March 11 15:06 • Permanent Link

HP logged a -3.7% change during today's afternoon session, and is now trading at a price of $28.88 per share. The S&P 500 index moved 0.0%. HPQ's trading volume is 6,077,756 compared to the stock's average volume of 6,822,874.

HP trades -19.47% away from its average analyst target price of $35.86 per share. The 15 analysts following the stock have set target prices ranging from $30.0 to $40.0, and on average have given HP a rating of hold.

Anyone interested in buying HPQ should be aware of the facts below:

HP has moved -1.7% over the last year, and the S&P 500 logged a change of 8.5%
Based on its trailing earnings per share of 2.78, HP has a trailing 12 month Price to Earnings (P/E) ratio of 10.4 while the S&P 500 average is 29.3
HPQ has a forward P/E ratio of 8.0 based on its forward 12 month price to earnings (EPS) of $3.6 per share
HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally.
Based in Palo Alto, the company has 58,000 full time employees and a market cap of $27.23 Billion. HP currently returns an annual dividend yield of 3.7%.

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.