On Monday, HP Inc (NYSE: HPQ) opened higher 2.31% from the last session, before settling in for the closing price of $36.82. Price fluctuations for HPQ have ranged from $27.01 to $39.52 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -1.73% annually for the last half of the decade. Company’s average yearly earnings per share was noted 3.05% at the time writing. With a float of $961.45 million, this company’s outstanding shares have now reached $989.00 million.
In an organization with 58000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 21.84%, operating margin of 7.51%, and the pretax margin is 6.14%.
HP Inc (HPQ) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of HP Inc is 0.24%, while institutional ownership is 81.52%. The most recent insider transaction that took place on Sep 12 ’24, was worth 7,013,373. In this transaction President and CEO of this company sold 211,501 shares at a rate of $33.16, taking the stock ownership to the 3 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Officer proposed sale 211,501 for $33.16, making the entire transaction worth $7,012,593.
HP Inc (HPQ) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.00% during the next five years compared to 0.02% growth over the previous five years of trading.
HP Inc (NYSE: HPQ) Trading Performance Indicators
Check out the current performance indicators for HP Inc (HPQ). In the past quarter, the stock posted a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68. Likewise, its price to free cash flow for the trailing twelve months is 10.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.85, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 3.62 in one year’s time.
Technical Analysis of HP Inc (HPQ)
Let’s dig in a bit further. During the last 5-days, its volume was 7.04 million. That was inferior than the volume of 7.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.69%. Additionally, its Average True Range was 0.91.
During the past 100 days, HP Inc’s (HPQ) raw stochastic average was set at 85.12%, which indicates a significant increase from 69.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.92% in the past 14 days, which was lower than the 26.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.80, while its 200-day Moving Average is $33.06. However, in the short run, HP Inc’s stock first resistance to watch stands at $38.63. Second resistance stands at $39.58. The third major resistance level sits at $40.50. If the price goes on to break the first support level at $36.76, it is likely to go to the next support level at $35.84. The third support level lies at $34.89 if the price breaches the second support level.
HP Inc (NYSE: HPQ) Key Stats
There are currently 963,718K shares outstanding in the company with a market cap of 35.80 billion. Presently, the company’s annual sales total 53,718 M according to its annual income of 3,263 M. Last quarter, the company’s sales amounted to 13,519 M and its income totaled 640,000 K.
