HP Inc (NYSE: HPQ) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Significant positive changes in fundamentals have recently occurred for HP Inc (NYSE: HPQ): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
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 rose modestly by 0.9% on 6/28/24. The stock closed at $35.02. Moreover, unusually high trading volume at 166% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -3.4% during the last week.
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