HP Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 13 out of 34 in the Computers, Phones & Household Electronics industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 19.67.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of HP Inc is 6.41, ranking 24 out of 34 in the Computers, Phones & Household Electronics industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 14.44B, representing a year-over-year increase of 6.92%, while its net profit experienced a year-over-year increase of 3.54%.
Key Metrics
The current valuation score of HP Inc is 8.98, ranking 2 out of 34 in the Computers, Phones & Household Electronics industry. Its current P/E ratio is 7.30, which is 94.60% below the recent high of 14.20 and 6.73% above the recent low of 6.81.
The current earnings forecast score of HP Inc is 6.00, ranking 24 out of 34 in the Computers, Phones & Household Electronics industry. The average price target is 26.00, with a high of 30.00 and a low of 20.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of HP Inc is 8.66, ranking 13 out of 34 in the Computers, Phones & Household Electronics industry. Currently, the stock price is trading between the resistance level at 20.40 and the support level at 18.27, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of HP Inc is 7.00, ranking 10 out of 34 in the Computers, Phones & Household Electronics industry. The latest institutional shareholding proportion is 86.22%, representing a quarter-over-quarter increase of 4.28%. The largest institutional shareholder is The Vanguard, holding a total of 131.58M shares, representing 14.39% of shares outstanding, with 9.25% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Computers, Phones & Household Electronics domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of HP Inc is 6.96, ranking 6 out of 34 in the Computers, Phones & Household Electronics industry. The company's beta value is 1.16. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. HP Inc’s latest ESG disclosure leads the Computers, Phones & Household Electronics industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
