HP (NYSE:HPQ – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.450-3.750 for the period, compared to the consensus EPS estimate of 3.590. The company issued revenue guidance of -. HP also updated its Q2 2025 guidance to 0.750-0.850 EPS.
HP Price Performance
NYSE HPQ traded down $0.69 during trading on Thursday, reaching $33.15. 10,339,740 shares of the company’s stock were exchanged, compared to its average volume of 6,051,029. HP has a fifty-two week low of $27.42 and a fifty-two week high of $39.79. The stock has a market capitalization of $31.08 billion, a P/E ratio of 11.80, a PEG ratio of 2.96 and a beta of 1.05. The business has a 50 day moving average price of $33.14 and a 200-day moving average price of $34.87.
HP (NYSE:HPQ – Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The computer maker reported $0.74 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.74. HP had a negative return on equity of 253.39% and a net margin of 5.18%. On average, analysts forecast that HP will post 3.56 earnings per share for the current year.
HP Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research firms have commented on HPQ. HSBC cut shares of HP from a “buy” rating to a “hold” rating and reduced their price target for the stock from $39.00 to $38.00 in a report on Friday, November 29th. Citigroup decreased their price target on shares of HP from $37.00 to $36.50 and set a “neutral” rating for the company in a research note on Wednesday, November 27th. TD Cowen raised their target price on HP from $32.00 to $39.00 and gave the company a “hold” rating in a report on Wednesday, November 27th. Wells Fargo & Company raised their price target on shares of HP from $30.00 to $35.00 and gave the company an “underweight” rating in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. dropped their target price on shares of HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $36.68.
Insider Activity
In related news, insider Alex Cho sold 10,298 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $34.32, for a total transaction of $353,427.36. Following the sale, the insider now owns 64,676 shares in the company, valued at approximately $2,219,680.32. This trade represents a 13.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Stephanie Liebman sold 11,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $32.50, for a total transaction of $357,500.00. Following the sale, the insider now directly owns 6,277 shares of the company’s stock, valued at $204,002.50. The trade was a 63.67 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 273,035 shares of company stock valued at $9,670,068. Corporate insiders own 0.41% of the company’s stock.
About HP
HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.
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