HP Inc. (NYSE:HPQ) went up by 0.07% from its latest closing price compared to the recent 1-year high of $27.68. The company’s stock price has collected -1.35% of loss in the last five trading sessions. MarketWatch.com reported 8 hours ago that HP Inc. stock rises Monday, outperforms market
Is It Worth Investing in HP Inc. (NYSE :HPQ) Right Now?
HP Inc. (NYSE:HPQ) scored a price-to-earnings ratio above its average ratio, recording 13.54 x from its present earnings ratio. Plus, the 36-month beta value for HPQ is at 1.04. Opinions of the stock are interesting as 6 analysts out of 18 who provided ratings for HP Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 2 as “sell.”
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The average price from analysts is $24.69, which is -$2.74 below the current price. HPQ currently public float of 1.20B and currently shorts hold a 1.38% ratio of that float. Today, the average trading volume of HPQ was 8.62M shares.
HPQ’s Market Performance
HPQ stocks went down by -1.35% for the week, with a monthly jump of 6.94% and a quarterly performance of 32.62%, while its annual performance rate touched 19.47%. The volatility ratio for the week stands at 2.32% while the volatility levels for the past 30 days are set at 2.54% for HP Inc.. The simple moving average for the period of the last 20 days is 4.50% for HPQ stocks with a simple moving average of 35.77% for the last 200 days.
Analysts’ Opinion of HPQ
Many brokerage firms have already submitted their reports for HPQ stocks, with Barclays repeating the rating for HPQ by listing it as a “Underweight.” The predicted price for HPQ in the upcoming period, according to Barclays is $22 based on the research report published on January 14th of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see HPQ reach a price target of $30. The rating they have provided for HPQ stocks is “Overweight” according to the report published on December 16th, 2020.
UBS gave a rating of “Buy” to HPQ, setting the target price at $25 in the report published on September 23rd of the previous year.
HPQ Trading at 8.12% from the 50-Day Moving Average
After a stumble in the market that brought HPQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.02% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares surge +7.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.31% upper at present.
During the last 5 trading sessions, HPQ fell by -1.35%, which changed the moving average for the period of 200-days by +84.99% in comparison to the 20-day moving average, which settled at $26.04. In addition, HP Inc. saw 10.29% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HPQ starting from Tran Tuan, who sale 19,373 shares at the price of $24.67 back on Dec 31. After this action, Tran Tuan now owns 92,680 shares of HP Inc., valued at $477,870 using the latest closing price.
BRAMLEY CLAIRE, the Controller of HP Inc., sale 23,374 shares at $24.40 during a trade that took place back on Dec 23, which means that BRAMLEY CLAIRE is holding 0 shares at $570,375 based on the most recent closing price.
Stock Fundamentals for HPQ
Current profitability levels for the company are sitting at:
- +6.82 for the present operating margin
- +18.12 for the gross margin
The net margin for HP Inc. stands at +5.03. The total capital return value is set at 84.61, while invested capital returns managed to touch 72.87. Equity return is now at value -172.60, with 8.50 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 0.49, with the company’s debt to enterprise value settled at 0.27. The receivables turnover for the company is 6.50 and the total asset turnover is 1.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.