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HP Inc (NYSE: HPQ) closed the day trading at $32.35 down -1.34% from the previous closing price of $32.79. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 7.97 million shares were traded. HPQ stock price reached its highest trading level at $32.73 during the session, while it also had its lowest trading level at $32.34.
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 9.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.61. 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 Dec 30 ’24 when Liebman Stephanie sold 11,000 shares for $32.50 per share. The transaction valued at 357,500 led to the insider holds 6,277 shares of the business.
Liebman Stephanie bought 14,000 shares of HPQ for $455,000 on Dec 30 ’24. On Dec 13 ’24, another insider, Ludgate Kristen M, who serves as the Chief People Officer of the company, sold 74,356 shares for $34.43 each. As a result, the insider received 2,560,077 and left with 56,169 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 30337765376 and an Enterprise Value of 45612367872. As of this moment, HP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.50, and their Forward P/E ratio for the next fiscal year is 8.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is 9.041.
Stock Price History:
The Beta on a monthly basis for HPQ is 1.07, which has changed by 0.11092031 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. 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 -7.90%, while the 200-Day Moving Average is calculated to be -5.62%.
Shares Statistics:
Over the past 3-months, HPQ traded about 7.06M shares per day on average, while over the past 10 days, HPQ traded about 6210840 shares per day. A total of 939.00M shares are outstanding, with a floating share count of 935.41M. Insiders hold about 0.26% of the company’s shares, while institutions hold 84.28% stake in the company. Shares short for HPQ as of 1731628800 were 38060306 with a Short Ratio of 3.94, 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. The current Payout Ratio is 39.29% for HPQ, which recently paid a dividend on 2024-12-11 with an ex-dividend date of 1733875200. Stock splits for the company last occurred on 2015-11-02 when the company split stock in a 2202:1000 ratio.
