Stocks of HP Inc (NYSE:HPQ) traded higher last session on Wall Street, up 2.49% to $23.44.
HPQ stock price is now -21.33% away from the 50-day moving average and -30.83% away from the 200-day moving average. The market capitalization of the company currently stands at $22.10B.
With the price target reduced from $39 to $38, TD Cowen maintained Hold rating for HP Inc (NYSE: HPQ). On November 29, 2024, HSBC Securities Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $39 to quote $38, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Olson Anneliese, Pres Imaging Prtng & Solutions sold 21,545 shares of the company’s stock on Mar 27 ’25. The stock was sold for $613,817 at an average price of $28.49. Upon completion of the transaction, the Pres Imaging Prtng & Solutions now directly owns 169 shares in the company, valued at $3961.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Officer Olson Anneliese bought 21,545 shares of the business’s stock. A total of $613,817 was incurred on buying the stock at an average price of $28.49. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, HP Inc has had a low of $21.21 and a high of $39.79. According to the stock market information, the enterprise value for the company is $30105958400, which is based on a 8.42 price-to-earnings ratio, a 1.72 price-to-earnings-growth ratio, and a beta of 1.38. The fifty day moving average price for HPQ is $29.7942 and a two-hundred day moving average price translates $33.8853 for the stock.
The latest earnings results from HP Inc (NYSE: HPQ) was released for 2025-01-31. The company reported revenue of $13.5 billion for the quarter, compared to $13.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.42 percent.
