HP Inc (NYSE: HPQ) stock enjoyed a major increase of 17.0% on 5/30/24. The shares closed at $38.36. Moreover, this advance was accompanied by exceptionally high trading volume at 543% of normal. The stock has performed in line with the market over the last nine months and has risen 17.3% 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.
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