HP Inc. [HPQ] saw a change by -2.74% with the Thursday trading session, closing the trade at the price of $22.71. The company is holding 1.45B shares with keeping 1.42B floating shares. With the latest trading session, the stock is set at 42.56% off compared to its 52-week low, sliding -5.34% from high for the same period of time.
Since its 90-day high, the share price saw a move by -5.10%, trading +16.94% in oppose to its 90-day low While during the day, 1.45B shares valued at 16.67 million were bought and sold.
HP Inc. [NYSE:HPQ]: Analyst Rating and Earnings
Its stock price has been found in the range of 15.93 to 23.99. This is compared to its latest closing price of $23.35.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for 05/21/2020.
Fundamental Analysis of HP Inc. [HPQ]
Now let’s turn to look at profitability: with a current Operating Margin for HP Inc. [HPQ] sitting at +6.53 and its Gross Margin at +18.30, this company’s Net Margin is now 5.40%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 81.94, and its Return on Invested Capital has reached 112.30%. Its Return on Assets is 9.26.
Similarly, its Total Debt to Total Capital is 130.25, while its Total Debt to Total Assets stands at 15.35.
What about valuation? This company’s Enterprise Value to EBITDA is 7.39 and its Total Debt to EBITDA Value is 1.13. The Enterprise Value to Sales for this firm is now 0.57, and its Total Debt to Enterprise Value stands at 0.19.
Shifting the focus to workforce efficiency, HP Inc. [HPQ] earns $1,041,625 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.89 and its Total Asset Turnover is 1.71. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.57 and its Current Ratio is 0.80. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
HP Inc. [HPQ] has 1.45B shares outstanding, amounting to a total market cap of $32.91B. Its stock price has been found in the range of 15.93 to 23.99. At its current price, it has moved down by -5.34% from its 52-week high, and it has moved up 42.56% from its 52-week low.
This stock’s Beta value is currently 1.48, which indicates that it is 2.85% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.59. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is HP Inc. [HPQ] a Reliable Buy?
Shares of HP Inc. [HPQ], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.