HP Inc (NYSE: HPQ) is -7.64% lower on its value in year-to-date trading and has touched a low of $25.22 and a high of $33.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HPQ stock was last observed hovering at around $27.96 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $27.79, the stock is -6.13% and -5.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.09 million and changing -0.61% at the moment leaves the stock -5.41% off its SMA200. HPQ registered -6.81% loss for a year compared to 6-month gain of 4.87%.
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The stock witnessed a -8.65% loss in the last 1 month and extending the period to 3 months gives it a -4.47%, and is -7.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 1.93% over the month.
HP Inc (HPQ) has around 58000 employees, a market worth around $27.19B and $53.05B in sales. Current P/E ratio is 8.12 and Fwd P/E is 7.53. Profit margin for the company is 6.46%. Distance from 52-week low is 10.19% and -18.02% from its 52-week high. The company has generated returns on investments over the last 12 months (40.44%).
The EPS is expected to grow by 4.43% this year.
HP Inc (HPQ) Top Institutional Holders
The shares outstanding are 989.00M, and float is at 976.35M with Short Float at 1.96%.
HP Inc (HPQ) Insider Activity
The most recent transaction is an insider sale by BENNETT ROBERT R,the company’sDirector. SEC filings show that BENNETT ROBERT R sold 67,000 shares of the company’s common stock on Mar 21 ’24 at a price of $30.01 per share for a total of $2.01 million. Following the sale, the insider now owns 60216.0 shares.
HP Inc disclosed in a document filed with the SEC on Mar 08 ’24 that Liebman Stephanie (Global Controller) sold a total of 8,708 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $30.93 per share for $0.27 million. Following the transaction, the insider now directly holds 0.0 shares of the HPQ stock.
Still, SEC filings show that on Mar 05 ’24, McQuarrie David P. (Chief Commercial Officer) disposed off 51,111 shares at an average price of $29.19 for $1.49 million. The insider now directly holds 5,449 shares of HP Inc (HPQ).
