HP Inc (NYSE: HPQ) kicked off on Monday, up 2.88% from the previous trading day, before settling in for the closing price of $35.43. Over the past 52 weeks, HPQ has traded in a range of $27.42-$39.79.
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During the last 5-year period, the sales drop of Technology Sector giant was -1.35%. While this was happening, its average annual earnings per share was recorded 5.44%. With a float of $961.38 million, this company’s outstanding shares have now reached $963.72 million.
Let’s determine the extent of company efficiency that accounts for 58000 employees. In terms of profitability, gross margin is 42.58%, operating margin of 7.3%, and the pretax margin is 6.13%.
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 0.24%, while institutional ownership is 81.91%. The most recent insider transaction that took place on Nov 29 ’24, was worth 353,427. In this transaction President, Personal Systems of this company sold 10,298 shares at a rate of $34.32, taking the stock ownership to the 64,676 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 105,751 for $34.91, making the entire transaction worth $3,692,275.
HP Inc (HPQ) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 0.81 earnings per share (EPS), higher than consensus estimate (set at 0.81) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.30% during the next five years compared to 6.32% 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 0.67. Likewise, its price to free cash flow for the trailing twelve months is 11.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.81, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.78 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 14.66 million, which is a jump from its year-to-date volume of 7.87 million. As of the previous 9 days, the stock’s Stochastic %D was 31.60%. Additionally, its Average True Range was 1.26.
During the past 100 days, HP Inc’s (HPQ) raw stochastic average was set at 57.36%, which indicates a significant increase from 46.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.20% in the past 14 days, which was higher than the 33.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.61, while its 200-day Moving Average is $33.65. However, in the short run, HP Inc’s stock first resistance to watch stands at $36.96. Second resistance stands at $37.47. The third major resistance level sits at $38.34. If the price goes on to break the first support level at $35.58, it is likely to go to the next support level at $34.71. Now, if the price goes above the second support level, the third support stands at $34.20.
HP Inc (NYSE: HPQ) Key Stats
The company with the Market Capitalisation of 35.91 billion has total of 963,718K 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 13,519 M and last quarter income was 640,000 K.
