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HP Inc HPQ Stock Quote

| Rating as of

NYSE: HPQ

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 29.80
  • Sector Technology
  • Industry Computer Hardware
  • Investment Style Mid Value
  • Day Range 29.74  –  30.45
  • Year Range 24.08  –  36.23
  • Market Cap 29.3815 Bil
  • Volume / Avg 71.0 /  7.0 Mil
  • Price / Sales 0.54
  • Price / Book
  • Forward Div Yield 3.52%
  • Trailing Div Yield 3.48%

Morningstar‘s Stock Analysis HPQ

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

HP Earnings: Sales Remain Soft, Although Improvement Is on the Horizon; Shares Fairly Valued

Analyst Note

| William Kerwin |

We maintain our $30 fair value estimate for no-moat HP shares after the firm reported fiscal second-quarter results at the high end of its guidance range. Management narrowed its fiscal 2023 non-GAAP EPS outlook range, as the firm gains greater visibility into the second half of the year. While macroeconomic headwinds remain steadfast, the firm believes it is at a turning point and expects reduced channel inventory, favorable seasonality, and cost discipline to bolster second-half results. While cyclical dynamics affecting HP are transitory in nature, we do not view HP’s commodity-like offerings as moaty for the long term. We see shares as fairly valued.

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Key Statistics HPQ

Company Profile HPQ

Business Description

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one-third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

Contact
1501 Page Mill Road
Palo Alto, CA, 94304
Industry Computer Hardware
Employees 58,000

Related Articles HPQ

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of HPQ’s competitive advantage.

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Price
29.8015.097.6747.61
Currency
USDUSDHKDUSD
Change
−$0.24 (0.80%) −$0.06 (0.40%) +$0.07 (0.92%) −$0.28 (0.58%)
Market Cap
29.38 Bil2.37 Bil93.02 Bil34.75 Bil
Industry
Computer Hardware Information Technology Services Computer Hardware Computer Hardware
Sector
Technology
Technology
Technology
Technology

* Trading data in this section is delayed by at least 15 minutes.

FAQs for HP Inc Stock

Yes. HPQ has a forward dividend yield of 3.52%. See HPQ’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

HPQ’s market cap is 29.38 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

HPQ’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

HPQ’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare HPQ’s historical performance against its industry peers and the overall market.