HP Inc (NYSE: HPQ) kicked off on Friday, down -4.12% from the previous trading day, before settling in for the closing price of $35.17. Over the past 52 weeks, HPQ has traded in a range of $25.22-$39.52.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -1.32%. While this was happening, its average annual earnings per share was recorded 5.13%. With a float of $976.39 million, this company’s outstanding shares have now reached $989.00 million.
Considering the fact that the conglomerate employs 58000 people, you should pay attention to its efficiency factor.
HP Inc (HPQ) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of HP Inc is 0.23%, while institutional ownership is 79.74%. The most recent insider transaction that took place on Jun 21 ’24, was worth 6,251,977. In this transaction President, Personal Systems of this company sold 173,137 shares at a rate of $36.11, taking the stock ownership to the 64,676 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Director sold 67,000 for $30.01, making the entire transaction worth $2,010,670. This insider now owns 60,216 shares in total.
HP Inc (HPQ) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 5.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.10% during the next five years compared to 0.02% growth over the previous five years of trading.
HP Inc (NYSE: HPQ) Trading Performance Indicators
Take a look at HP Inc’s (HPQ) current performance indicators. Last quarter, stock had a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 10.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.97, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 3.73 in one year’s time.
Technical Analysis of HP Inc (HPQ)
Compared to the last year’s volume of 7.95 million, its volume of 6.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.66%. Additionally, its Average True Range was 0.93.
During the past 100 days, HP Inc’s (HPQ) raw stochastic average was set at 52.05%, which indicates a significant increase from 3.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.88% in the past 14 days, which was lower than the 34.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.82, while its 200-day Moving Average is $30.69. Nevertheless, the first resistance level for the watch stands at $34.34 in the near term. At $34.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.34. If the price goes on to break the first support level at $33.33, it is likely to go to the next support level at $32.94. Now, if the price goes above the second support level, the third support stands at $32.33.
HP Inc (NYSE: HPQ) Key Stats
The company with the Market Capitalisation of 33.00 billion has total of 978,560K Shares Outstanding. Its annual sales at the moment are 53,718 M in contrast with the sum of 3,263 M annual income. Company’s last quarter sales were recorded 12,800 M and last quarter income was 607,000 K.
