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In the latest session, HP Inc (NYSE: HPQ) closed at $34.66 down -11.36% from its previous closing price of $39.10. In other words, the price has decreased by -$11.36 from its previous closing price. On the day, 27.41 million shares were traded. HPQ stock price reached its highest trading level at $37.5 during the session, while it also had its lowest trading level at $33.535.
Ratios:
For a deeper understanding of HP Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.38. 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 this company, TD Cowen on November 27, 2024, Reiterated its Hold rating but revised its target price to $39 from $32 previously.
On October 01, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $37.
BofA Securities Downgraded its Buy to Neutral on September 27, 2024, while the target price for the stock was maintained at $37.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when LORES ENRIQUE sold 211,501 shares for $33.16 per share. The transaction valued at 7,013,373 led to the insider holds 3 shares of the business.
LORES ENRIQUE bought 211,501 shares of HPQ for $7,012,593 on Sep 12 ’24. On Jun 21 ’24, another insider, CHO ALEX, who serves as the President, Personal Systems of the company, sold 173,137 shares for $36.11 each. As a result, the insider received 6,251,977 and left with 64,676 shares of the company.
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 33391720448 and an Enterprise Value of 45612367872. As of this moment, HP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.33, and their Forward P/E ratio for the next fiscal year is 9.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. 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 -5.21%, while the 200-Day Moving Average is calculated to be 3.22%.
Shares Statistics:
For the past three months, HPQ has traded an average of 7.72M shares per day and 7583320 over the past ten days. A total of 989.00M shares are outstanding, with a floating share count of 961.43M. Insiders hold about 0.24% of the company’s shares, while institutions hold 81.92% stake in the company. Shares short for HPQ as of 1731628800 were 38060306 with a Short Ratio of 4.93, 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.
