For its third fiscal quarter (ending July 31), HP Inc (NYSE: HPQ) has reported E.P.S. of $0.65 compared to $0.77 a year ago. For the latest four quarters through July 31, E.P.S. were $2.88 versus $2.29 for the same period a year ago.
Recent Price Action
HP Inc (NYSE: HPQ) stock declined by -2.4% on 8/28/24. The shares closed at $34.76. Moreover, trading volume in this decline was unusually high at 178% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged 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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