Market Momentum: HP Inc (HPQ) Registers a -2.50 Decrease, Closing at 29.29

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HP Inc (NYSE: HPQ) closed the day trading at $29.29 down -2.50% from the previous closing price of $30.04. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 9.6 million shares were traded.

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 9.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 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 February 28, 2025, Reiterated its Hold rating but revised its target price to $38 from $39 previously.

On November 29, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $39 to $38.

TD Cowen reiterated its Hold rating for the stock on November 27, 2024, while the target price for the stock was revised from $32 to $39.

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 Mar 03 ’25 when LORES ENRIQUE sold 54,987 shares for $31.08 per share. The transaction valued at 1,708,996 led to the insider holds 34,285 shares of the business.

Liebman Stephanie sold 11,000 shares of HPQ for $357,500 on Dec 30 ’24. The Global Controller now owns 6,277 shares after completing the transaction at $32.50 per share. On Dec 30 ’24, another insider, Liebman Stephanie, who serves as the Officer of the company, bought 14,000 shares for $32.50 each.

Valuation Measures:

As of this moment, HP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.52, and their Forward P/E ratio for the next fiscal year is 7.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52.

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 -11.08%, while the 200-Day Moving Average is calculated to be -16.15%.

Shares Statistics:

A total of 944.66M shares are outstanding, with a floating share count of 940.26M. Insiders hold about 0.26% of the company’s shares, while institutions hold 81.79% stake in the company.

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