HP Inc. (NYSE:HPQ) has a beta of 1.04, a 12-month trailing P/E ratio of 13.97, and a growth ratio of 0.93. The stock’s Relative Strength Index (RSI) is 47.72, with weekly volatility at 3.27% and ATR at 0.84. The HPQ stock’s 52-week price range has touched low of $14.19 and a $36.00 high. Its shares traded higher over the last trading session, gaining 0.36% on 05/17/21. The shares fell to a low of $32.33 before closing at $33.04. Intraday shares traded counted 8.44 million, which was 17.48% higher than its 30-day average trading volume of 10.23M. HPQ’s previous close was $32.92 while the outstanding shares total 1.28B.
Investors have identified the Computer Hardware company HP Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $40.52 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
HP Inc. (HPQ) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 20.44 billion total, with 27.88 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.38 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HPQ sounds very interesting.
Is the stock of HPQ attractive?
In related news, President, Personal Systems, CHO ALEX sold 56,278 shares of the company’s stock in a transaction that recorded on Mar 01. The sale was performed at an average price of 29.60, for a total value of 1,665,829. As the sale deal closes, the Pres Imaging Prtng & Solutions, Tran Tuan now sold 36,287 shares of the company’s stock, valued at 1,066,909. Also, President of Printing, Tran Tuan sold 19,373 shares of the company’s stock in a deal that was recorded on Dec 31. The shares were price at an average price of 24.67 per share, with a total market value of 477,870. Following this completion of acquisition, the Controller, BRAMLEY CLAIRE now holds 23,374 shares of the company’s stock, valued at 570,375. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
7 out of 18 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on HP Inc.. 2 analysts has assigned a Sell rating on the HPQ stock. The 12-month mean consensus price target for the company’s shares has been set at $31.16.