On Friday, HP Inc (NYSE: HPQ) was 1.18% up from the session before settling in for the closing price of $35.49. A 52-week range for HPQ has been $25.22 – $39.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Technology Sector giant was -1.32%. When this article was written, the company’s average yearly earnings per share was at 5.08%. With a float of $975.20 million, this company’s outstanding shares have now reached $989.00 million.
Let’s determine the extent of company efficiency that accounts for 58000 employees. In terms of profitability, gross margin is 21.97%, operating margin of 7.45%, and the pretax margin is 6.38%.
HP Inc (HPQ) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward HP Inc stocks. The insider ownership of HP Inc is 0.22%, while institutional ownership is 80.13%. 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 5.08% 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
You can see what HP Inc (HPQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 11.38.
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 3.72 in one year’s time.
Technical Analysis of HP Inc (HPQ)
Looking closely at HP Inc (NYSE: HPQ), its last 5-days average volume was 5.53 million, which is a drop from its year-to-date volume of 7.83 million. As of the previous 9 days, the stock’s Stochastic%D was 95.50%. Additionally, its Average True Range was 0.89.
During the past 100 days, HP Inc’s (HPQ) raw stochastic average was set at 70.15%, which indicates a significant decrease from 89.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.35% in the past 14 days, which was lower than the 36.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.69, while its 200-day Moving Average is $31.07. However, in the short run, HP Inc’s stock first resistance to watch stands at $36.16. Second resistance stands at $36.41. The third major resistance level sits at $36.78. If the price goes on to break the first support level at $35.53, it is likely to go to the next support level at $35.16. Now, if the price goes above the second support level, the third support stands at $34.91.
HP Inc (NYSE: HPQ) Key Stats
There are 978,560K outstanding shares of the company, which has a market capitalization of 35.14 billion. As of now, sales total 53,718 M while income totals 3,263 M. Its latest quarter income was 12,800 M while its last quarter net income were 607,000 K.
