Shares of HP Inc. (NYSE:HPQ – Get Free Report) have earned an average rating of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $29.3750.
HPQ has been the topic of several analyst reports. Barclays reduced their price target on shares of HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. Evercore ISI reissued an “in-line” rating and set a $29.00 target price on shares of HP in a research note on Wednesday, September 10th. UBS Group lifted their target price on HP from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Sanford C. Bernstein started coverage on HP in a report on Monday, September 15th. They set a “market perform” rating and a $30.00 price target for the company. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th.
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HP Stock Up 0.8%
NYSE HPQ opened at $26.93 on Tuesday. The business’s fifty day simple moving average is $27.07 and its 200-day simple moving average is $26.22. The firm has a market cap of $25.17 billion, a PE ratio of 9.83, a P/E/G ratio of 2.15 and a beta of 1.29. HP has a 52 week low of $21.21 and a 52 week high of $39.79.
HP (NYSE:HPQ – Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. The firm had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. HP’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Research analysts expect that HP will post 3.56 EPS for the current year.
Institutional Trading of HP
Institutional investors have recently added to or reduced their stakes in the stock. WPG Advisers LLC acquired a new position in HP during the first quarter worth $25,000. Laurel Wealth Advisors LLC lifted its stake in HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after acquiring an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in HP during the 2nd quarter valued at about $27,000. Global Trust Asset Management LLC grew its position in HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its stake in HP by 72.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after purchasing an additional 512 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.
HP Company Profile
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HP 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.
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