On Monday, HP Inc (NYSE: HPQ) was 1.93% up from the session before settling in for the closing price of $36.72. A 52-week range for HPQ has been $27.42 – $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 -1.73%. When this article was written, the company’s average yearly earnings per share was at 3.06%. With a float of $961.43 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. In terms of profitability, gross margin is 21.99%, operating margin of 7.38%, and the pretax margin is 6.14%.
HP Inc (HPQ) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward HP Inc stocks. The insider ownership of HP Inc is 0.24%, while institutional ownership is 82.07%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 3.06% 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
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 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 10.34.
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)
Compared to the last year’s volume of 7.75 million, its volume of 6.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.41%. Additionally, its Average True Range was 0.85.
During the past 100 days, HP Inc’s (HPQ) raw stochastic average was set at 81.55%, which indicates a significant increase from 62.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.12% in the past 14 days, which was lower than the 26.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.03, while its 200-day Moving Average is $33.26. Nevertheless, the first resistance level for the watch stands at $37.82 in the near term. At $38.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.70. If the price goes on to break the first support level at $36.94, it is likely to go to the next support level at $36.45. Should the price break the second support level, the third support level stands at $36.06.
HP Inc (NYSE: HPQ) Key Stats
There are 963,718K outstanding shares of the company, which has a market capitalization of 36.30 billion. As of now, sales total 53,718 M while income totals 3,263 M. Its latest quarter income was 13,519 M while its last quarter net income were 640,000 K.
