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.
HP Inc (NYSE: HPQ) has recently enjoyed meaningful positive changes in fundamentals: 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
On 7/15/24, HP Inc (NYSE: HPQ) stock increased 1.7%, closing at $37.34. However, unusually low trading volume at 66% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.8% during the last week.
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