News articles about HP (NYSE:HPQ) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HP earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news headlines about the computer maker an impact score of 45.4672578706902 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Contrasting HP (HPQ) and Apple (AAPL) (americanbankingnews.com)
- Financial Analysis: HP (HPQ) versus Its Peers (americanbankingnews.com)
- ETFs with exposure to HP, Inc. : November 3, 2017 (finance.yahoo.com)
- Rating for BHP Billiton (BHP) Lowered by Eroding Earnings Growth (investorplace.com)
- HP Completes Acquisition of Samsung Electronics Co., Ltd. Printer Business – GlobeNewswire (press release) (globenewswire.com)
Several brokerages recently commented on HPQ. Royal Bank Of Canada lifted their price objective on HP from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Wednesday, October 18th. Maxim Group reaffirmed a “hold” rating and issued a $25.00 price objective on shares of HP in a report on Friday, October 27th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $20.00 price objective on shares of HP in a report on Sunday, October 8th. Zacks Investment Research raised HP from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Tuesday, October 10th. Finally, Loop Capital lifted their price objective on HP from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Nine research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $21.57.
Shares of HP (NYSE:HPQ) opened at $21.47 on Friday. The company has a debt-to-equity ratio of -1.55, a current ratio of 0.97 and a quick ratio of 0.74. The company has a market capitalization of $35,860.35, a PE ratio of 13.68, a P/E/G ratio of 3.18 and a beta of 1.85. HP has a 52-week low of $14.40 and a 52-week high of $22.31.
HP (NYSE:HPQ) last posted its earnings results on Wednesday, August 23rd. The computer maker reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $12.31 billion. HP had a negative return on equity of 64.93% and a net margin of 4.66%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share. analysts anticipate that HP will post 1.65 EPS for the current fiscal year.
In other HP news, insider Marie Myers sold 10,025 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $19.50, for a total transaction of $195,487.50. Following the sale, the insider now directly owns 10,025 shares in the company, valued at $195,487.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Enrique Lores sold 40,965 shares of the company’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $21.50, for a total value of $880,747.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,206,355 shares of company stock worth $24,141,327. Company insiders own 0.62% of the company’s stock.
HP Inc is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services.
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