HP Inc (NYSE: HPQ) has reported E.P.S. of $0.62 for its second fiscal quarter (ending April 30) versus $1.07 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.99 compared to $2.62 a year ago.
Recent Price Action
HP Inc (NYSE: HPQ) stock closed at $32.80 on 5/29/24 after a modest decline of -1.0%. Moreover, this decline was accompanied by unusually high trading volume at 195% of normal. The stock has performed in line with the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
HPQ's future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.
HP is currently unrated.
Rating Review
The stock is currently unrated.