HP Inc (NYSE: HPQ) is -32.02% lower on its value in year-to-date trading and has touched a low of $21.21 and a high of $39.79 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 $24.83 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $25.41, the stock is 1.19% and -1.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.84 million and changing 2.34% at the moment leaves the stock -17.01% off its SMA200. HPQ registered -22.13% loss for a year compared to 6-month loss of -21.84%. The firm has a 50-day simple moving average (SMA 50) of $25.8296 and a 200-day simple moving average (SMA200) of $30.61785.
The stock witnessed a 5.39% gain in the last 1 month and extending the period to 3 months gives it a 6.99%, and is 3.63% up 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 1.95% over the week and 2.38% over the month.
HP Inc (HPQ) has around 58000 employees, a market worth around $23.87B and $53.89B in sales. Current P/E ratio is 9.79 and Fwd P/E is 7.49. Profit margin for the company is 4.67%. Distance from 52-week low is 19.80% and -36.15% from its 52-week high. The company has generated returns on investments over the last 12 months (28.66%).
The EPS is expected to shrink by -7.84% this year.
HP Inc (HPQ) Top Institutional Holders
1583.0 institutions hold shares in HP Inc (HPQ), with institutional investors hold 82.62% of the company’s shares. The shares outstanding are 942.21M, and float is at 936.85M with Short Float at 2.78%. Institutions hold 82.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 120.62 million shares valued at $4.22 billion. The investor’s holdings represent 12.3209% of the HPQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 104.65 million shares valued at $3.66 billion to account for 10.6891 of the shares outstanding. The other top investors are STATE STREET CORP which holds 47.88 million shares representing 4.8905% and valued at over $1.69 billion, while DODGE & COX holds 3.5851 of the shares totaling 35.1 million with a market value of $1.23 billion.
HP Inc (HPQ) Insider Activity
HP Inc disclosed in a document filed with the SEC on Mar 27 ’25 that Olson Anneliese (Pres Imaging Prtng & Solutions) sold a total of 21,545 shares of the company’s common stock. The trade occurred on Mar 27 ’25 and was made at $28.49 per share for $0.61 million. Following the transaction, the insider now directly holds 169.0 shares of the HPQ stock.
