HP Inc (NYSE: HPQ) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.
Small positive changes in fundamentals have recently occurred for HP Inc (NYSE: HPQ): significant quarterly earnings acceleration occurred.
The stock is currently unrated.
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.
Recent Price Action
HP Inc (NYSE: HPQ) stock closed at $30.86 on 3/11/24 after a modest gain of 0.4%. However, trading volume in this advance was below average at 81% of normal. The stock has risen 4.9% during the last week and has performed in line with the market over the last nine months.
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