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HP Inc (NYSE: HPQ) closed the day trading at $36.45 up 2.88% from the previous closing price of $35.43. In other words, the price has increased by $2.88 from its previous closing price. On the day, 11.26 million shares were traded. HPQ stock price reached its highest trading level at $36.6 during the session, while it also had its lowest trading level at $35.23.
Ratios:
For a better understanding of HPQ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, HSBC Securities on November 29, 2024, Downgraded its rating to Hold and sets its target price to $38 from $39 previously.
On November 27, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $32 to $39.
Citigroup Downgraded its Buy to Neutral on October 01, 2024, while the target price for the stock was maintained at $37.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 29 ’24 when CHO ALEX sold 10,298 shares for $34.32 per share. The transaction valued at 353,427 led to the insider holds 64,676 shares of the business.
LORES ENRIQUE bought 105,751 shares of HPQ for $3,692,275 on Nov 29 ’24. On Nov 29 ’24, another insider, CHO ALEX, who serves as the Officer of the company, bought 10,298 shares for $34.32 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HPQ now has a Market Capitalization of 35116220416 and an Enterprise Value of 45612367872. As of this moment, HP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.97, and their Forward P/E ratio for the next fiscal year is 9.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 43.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is 9.041.
Stock Price History:
Over the past 52 weeks, HPQ has reached a high of $39.79, while it has fallen to a 52-week low of $27.42. The 50-Day Moving Average of the stock is -0.44%, while the 200-Day Moving Average is calculated to be 8.32%.
Shares Statistics:
Over the past 3-months, HPQ traded about 7.82M shares per day on average, while over the past 10 days, HPQ traded about 9942560 shares per day. A total of 963.72M shares are outstanding, with a floating share count of 961.38M. Insiders hold about 0.24% of the company’s shares, while institutions hold 81.91% stake in the company. Shares short for HPQ as of 1731628800 were 38060306 with a Short Ratio of 4.87, compared to 1728950400 on 42817693. Therefore, it implies a Short% of Shares Outstanding of 38060306 and a Short% of Float of 4.5100003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.19.
