HP Inc Stock Quote and Market Analysis

HP Inc's stock quote is a crucial aspect of investing in the company. HP Inc's current market capitalization is over $30 billion.

HP Inc's stock has seen significant fluctuations in the past year, with a high of $25.55 and a low of $15.19. This volatility is a key consideration for investors.

HP Inc's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol HPQ.

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HP Inc's financial performance in 2024 was a decrease of -0.30% from the previous year's revenue of $53.72 billion, resulting in a revenue of $53.56 billion.

The company's earnings also took a hit, decreasing by -14.96% to $2.78 billion.

Despite this decline, HP Inc's stock is still considered a good value compared to its peers and industry, making it a potentially attractive investment option.

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HP's share price has been on a wild ride over the past year, with a 1 Year Change of 11.94%. That's a significant increase, but let's take a closer look at the bigger picture.

The 52 Week High was a notable US$39.80, while the 52 Week Low was a concerning US$27.43. This shows that the company's stock price has been quite volatile. The Beta of 1.07 indicates that HP's stock price is more sensitive to market movements than the average stock.

Here's a breakdown of HP's share price performance over different time periods:

It's worth noting that HP's stock price has been affected by the threat of tariffs on imports from China, but the company's CEO, Enrique Lores, believes they are in a better position than their peers to handle this situation.

HP Inc.'s financial strength is a mixed bag. The company's cash-to-debt ratio is a low 0.3, indicating that it relies heavily on debt to finance its operations.

The equity-to-asset ratio is even more concerning, at -0.03. This suggests that HP Inc. is using more debt than equity to fund its assets, which can be a sign of financial instability.

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On the other hand, the debt-to-equity ratio is a negative -8.24, which is a good sign. This means that HP Inc. has more equity than debt, which can help the company weather financial storms.

HP Inc.'s debt-to-EBITDA ratio is 2.31, which is a relatively low number. This suggests that the company is generating enough cash from its operations to cover its debt obligations.

In terms of interest coverage, HP Inc. has a ratio of 6.84. This means that the company has a good ability to cover its interest payments, which is a sign of financial health.

Here's a summary of HP Inc.'s financial strength metrics:

HP Inc.'s Piotroski F-Score is 7/9, which is a good sign. This score is based on nine different financial metrics and is used to evaluate a company's financial health.

The Altman Z-Score is 1.78, which falls into the "distress" category. This suggests that HP Inc. is at risk of financial distress.

Finally, the Beneish M-Score is -2.34, which indicates that HP Inc. is not likely to be a manipulator of its financial statements.

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The Nasdaq Composite fell more than 100 points on Wednesday, a significant drop in the stock market. This decline was part of a broader trend, as the S&P 500 also extended losses on the same day.

Investors were digesting an in-line inflation report, which likely contributed to the market's downturn. The report showed that the personal consumption expenditure index (PCE) rose in October, but was above expectations.

The market's reaction to the inflation report was a key factor in the Nasdaq's decline. The PCE index is a closely watched indicator of inflation, and its rise above expectations may have spooked investors.

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According to 11 analysts, the average rating for HPQ stock is "Hold".

The 12-month stock price forecast is $36.23, which is an increase of 10.53% from the latest price.

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Analyst Forecast is a crucial tool for investors to make informed decisions about their stocks.

Eleven analysts have weighed in on HPQ stock, and their average rating is a "Hold".

The 12-month stock price forecast for HPQ is a significant increase of 10.53% from the latest price.

This forecast puts the predicted stock price at $36.23, a substantial jump from the current value.

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Dell Technologies shares dropped by around 12% after the company forecasted lower-than-expected earnings for the current quarter.

The forecast was worse than expected, causing a significant decline in the company's stock value.

Dell is not alone in this, as its competitor HP Inc. also saw its shares decrease by around 12% after forecasting lower-than-expected earnings.

This decline is a clear indication that the current market conditions are challenging for the personal computer industry.

The shares of both companies dropped significantly, reflecting the impact of the weak forecasts on investor confidence.

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