In Monday’s Wall Street session, HP Inc (NYSE:HPQ) shares traded at $29.00, up 1.12% from the previous session.
HPQ stock price is now -8.80% away from the 50-day moving average and -16.24% away from the 200-day moving average. The market capitalization of the company currently stands at $27.34B.
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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, Liebman Stephanie, Officer bought 15,646 shares of the company’s stock on Mar 24 ’25. The stock was bought for $453,797 at an average price of $29.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, President and CEO LORES ENRIQUE sold 54,987 shares of the business’s stock. A total of $1,708,996 was realized by selling the stock at an average price of $31.08. This leaves the insider owning 34,285 shares of the company worth $0.99 million. 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 $27.42 and a high of $39.79. According to the stock market information, the enterprise value for the company is $35347386368, which is based on a 10.42 price-to-earnings ratio, a 1.77 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for HPQ is $31.797 and a two-hundred day moving average price translates $34.62135 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.
