HP Inc. [NYSE: HPQ] opened at $15.48 and closed at $15.38 a share within trading session on 03/25/20. That means that the stock gained by 8.13% compared to the closing price from a day before, when the stock touched $16.63.
Between the start and the closing of the latest trading session, HP Inc. [NYSE: HPQ] had 4.99 million shares being bought and sold. In the last three months, average trading volumes hovered around 12.54M shares. During the last week, volatility in the share price was set at 11.68%, which placed the metric for the last 30 days at 8.18%. The price of the stock additionally went down to 12.54 during that period and HPQ managed to take a rebound to 23.93 in the last 52 weeks.
HP Inc. [NYSE:HPQ]: Analyst Rating and Earnings
Experts stock market traders frequently make a point to check what top Wall Street analysts say regarding a potential buy. Regarding HP Inc. [HPQ] currently, the latest Wall Street ratings we can see is from the fiscal quarter that’s going to end in 1/30/2020. On average, stock market experts give HPQ an Overweight rating. The average 12-month price forecast for this stock is $16.66, with the high estimate being $27.00, the low estimate being $16.00 and the median estimate amounting to $22.00. This is compared to its latest closing price of $15.38.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for HP Inc. [HPQ] is sitting at 3.50. This is compared to 1 month ago, when its average rating was 3.15.
Stay on the lookout for the next publication of this organization’s financial results for the quarter, which will be made public on 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 6.50% and its Gross Margin at 19.50%, this company’s Net Margin is now 5.20. 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 84.37. Its Return on Equity is -222.40%, and its Return on Assets is 9.40%. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates HPQ financial performance.
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 6.88 and its Total Debt to EBITDA Value is 1.13. The Enterprise Value to Sales for this firm is now 0.54, and its Total Debt to Enterprise Value stands at 0.19.
HP Inc. [HPQ] has 1.45B shares outstanding, amounting to a total market cap of 22.36B. Its stock price has been found in the range of 12.54 to 23.93. At its current price, it has moved down by -30.51% from its 52-week high, and it has moved up 32.62% from its 52-week low.
This stock’s Beta value is currently 1.54, which indicates that it is 11.68% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 44.34. 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.