HP Inc (NYSE:HPQ) 6.73% Up Over The Last Seven Days. Can The Stock Hit Well Above $1.48?

In recent trading session, HP Inc (NYSE:HPQ) saw 0.86 million shares changing hands at last check today with its beta currently measuring 1.35. Company’s recent per share price level of $25.05 trading at $0.42 or 1.71% at last check today assigns it a market valuation of $23.61B. That most recent trading price of HPQ’s stock is at a discount of -58.84% from its 52-week high price of $39.79 and is indicating a premium of 15.33% from its 52-week low price of $21.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.76 million shares which gives us an average trading volume of 8.67 million if we extend that period to 3-months.

For HP Inc (HPQ), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.78. Splitting up the data highlights that, out of 14 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.8 in the current quarter.

HP Inc (NYSE:HPQ) trade information

Upright in the green today for gaining 1.71%, in the last five days HPQ remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $25.05 price level, adding 2.07% to its value on the day. HP Inc’s shares saw a change of -23.23% in year-to-date performance and have moved 6.73% in past 5-day. HP Inc (NYSE:HPQ) showed a performance of -13.05% in past 30-days. Number of shares sold short was 29.11 million shares which calculate 3.21 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a rise of 28.43% to its recent value today. Analysts have been projecting 34 as a low price target for the stock while placing it at a high target of 36. It follows that stock’s current price would drop -35.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.73% for stock’s current value.

HP Inc (HPQ) estimates and forecasts

This year revenue growth is estimated to rise 2.38% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 13.09B for the same. And 10 analysts are in estimates of company making revenue of 13.78B in the next quarter. Company posted 12.8B and 13.52B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.29% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.83% while estimates for its earnings growth in next 5 years are of 4.46%.

HPQ Dividends

HP Inc is more likely to be releasing its next quarterly report on 2025-Feb-26 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.51%, the share has a forward dividend of 1.13 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.21%.

HP Inc (NYSE:HPQ)’s Major holders

Insiders are in possession of 0.22% of company’s total shares while institution are holding 82.38 percent of that, with stock having share float percentage of 82.57%. Investors also watch the number of corporate investors in a company very closely, which is 82.38% institutions for HP Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at HPQ for having 120.62 million shares of worth $4.22 billion. And as of 2024-06-30, it was holding 12.3209 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 104.65 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.6891 of outstanding shares, having a total worth of $3.66 billion.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 30.24 shares of worth $754.51 million or 3.21% of the total outstanding shares. The later fund manager was in possession of 26.09 shares on Dec 31, 2024 , making its stake of worth around $650.87 million in the company or a holder of 2.77% of company’s stock.