HP Inc (HPQ) concluded trading on Wednesday at a closing price of $34.68, with 5.62 million shares of worth about $195.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.43% during that period and on February 19, 2025 the price saw a gain of about 1.40%. Currently the company’s common shares owned by public are about 939.00M shares, out of which, 935.22M shares are available for trading.
Stock saw a price change of 4.62% in past 5 days and over the past one month there was a price change of 6.67%. Year-to-date (YTD), HPQ shares are showing a performance of 6.28% which increased to 19.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.42 but also hit the highest price of $39.79 during that period. The average intraday trading volume for HP Inc shares is 6.92 million. The stock is currently trading 5.17% above its 20-day simple moving average (SMA20), while that difference is up 3.98% for SMA50 and it goes to -0.25% lower than SMA200.
HP Inc (NYSE: HPQ) currently have 939.00M outstanding shares and institutions hold larger chunk of about 82.00% of that.
The stock has a current market capitalization of $32.52B and its 3Y-monthly beta is at 1.11. PE ratio of stock for trailing 12 months is 12.33, while it has posted earnings per share of $2.81 in the same period. Its PEG reads 1.88 and has Quick Ratio of 0.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HPQ, volatility over the week remained 1.83% while standing at 2.22% over the month.
Stock’s fiscal year EPS is expected to rise by 5.53% while it is estimated to increase by 5.94% in next year. EPS is likely to grow at an annualized rate of 6.57% for next 5-years, compared to annual growth of 6.29% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on November 29, 2024 offering a Hold rating for the stock and assigned a target price range of between $39 and $38 to it. Coverage by TD Cowen stated HP Inc (HPQ) stock as a Hold in their note to investors on November 27, 2024, suggesting a price target of $39 for the stock. On October 01, 2024, Citigroup Downgrade their recommendations, while on September 27, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $37. Stock get an Overweight rating from JP Morgan on August 23, 2024.
