HPQ - HP Inc.

NYSE - NYSE Delayed Price. Currency in USD
16.24
+0.21 (+1.31%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close16.03
Open16.29
Bid0.00 x 900
Ask0.00 x 800
Day's Range16.21 - 16.59
52 Week Range15.93 - 25.72
Volume21,220,573
Avg. Volume11,523,139
Market Cap24.066B
Beta (3Y Monthly)1.24
PE Ratio (TTM)5.99
EPS (TTM)2.71
Earnings DateNov 27, 2019 - Dec 2, 2019
Forward Dividend & Yield0.64 (4.00%)
Ex-Dividend Date2019-09-10
1y Target Est19.27
Trade prices are not sourced from all markets
  • TheStreet.com

    [video]Microsoft, Intel and Others Benefit from Better-Than-Expected Business PC Sales

    Though CPU shortages are still an issue for the PC industry, an uptick in business PC demand is helping out a number of firms.

  • Hedge Funds Have Never Been Less Bullish On HP Inc. (HPQ)
    Insider Monkey

    Hedge Funds Have Never Been Less Bullish On HP Inc. (HPQ)

    We at Insider Monkey have gone over 730 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of June 28th. In this article, we look at what those funds think of HP Inc. (NYSE:HPQ) based on that data. […]

  • PC Shipment Rises in Q3: LNVGY, HPQ, DELL & AAPL in Focus
    Zacks

    PC Shipment Rises in Q3: LNVGY, HPQ, DELL & AAPL in Focus

    Per Gartner and IDC, PC shipment volumes in third-quarter 2019 expand owing to the Windows 10 refresh cycle.

  • GlobeNewswire

    HP Inc. and Girl Rising Mark International Day of the Girl with Partnership to Empower 10 Million Students and Teachers

    Delivers educational content, technology, multimedia assets, activities and lesson plans to students and teachers. Builds on HP’s global commitment to enable better learning outcomes for 100 million people by 2025. Expands existing partnership with Girl Rising with the joint mission to change the way the world thinks about girls and education.

  • Barrons.com

    HP Inc. Stock Suffers Another Blow After a Goldman Downgrade

    The future is looking bleak for the storied tech company, whose shares have lost almost 22% this year.

  • Financial Times

    Deloitte was too close to Autonomy, regulators claim

    Deloitte auditors had a “oneness” with Autonomy executives including founder Mike Lynch that led to a misleading picture of the technology group’s financial position, regulators have claimed. The Financial Reporting Council said Richard Knights, the former Deloitte partner in charge of auditing Autonomy, “consciously lost his objectivity” during a five-year relationship with the FTSE 100 company, and was “reckless” and “seriously misleading” in reports to regulators. The FRC’s comments came on the first day of an eight-week tribunal on Thursday in which it is bringing disciplinary proceedings against Deloitte, Mr Knights and ex-partner Nigel Mercer over alleged misconduct in their audits of Autonomy between 2009 and 2011.

  • HP Stock Slides as Goldman Sachs Turns Bearish
    Market Realist

    HP Stock Slides as Goldman Sachs Turns Bearish

    HP stock dropped around 2% on Thursday after Goldman Sachs turned bearish on it. Among the 17 analysts covering HP, only one analyst gave it a “buy” rating.

  • Global PC shipments grow for second straight quarter amid tariff, supply issues
    MarketWatch

    Global PC shipments grow for second straight quarter amid tariff, supply issues

    Global PC shipments grow for a second quarter in a row, even as the industry struggled with supply issues, according to trade research data Thursday.

  • Bloomberg

    Global PC Shipments Climb 1.1%; Lenovo Keeps Grip on Top Spot

    (Bloomberg) -- Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.PC shipments climbed to 68 million units in the period that ended Sept. 30, researcher Gartner Inc. said Thursday in a report. Lenovo Group Ltd., the China-based owner of the ThinkPad lineup of professional devices, held almost 25% of the global market, widening its lead against U.S. rival HP Inc.Computer makers have been concerned by the U.S.-China trade war and Intel Corp.’s chip shortage, but Mikako Kitagawa, a Gartner analyst, said neither played a major role in the third-quarter shipments. “The Windows 10 refresh cycle continued to be the primary driver for growth across all regions,” she said in a statement.HP, the global No. 2, continues to be the largest PC vendor in the U.S. The company has sought customers seeking more expensive machines, such as gaming enthusiasts, to boost profit margins. Dell Technologies Inc., which focuses on selling corporate PCs, rounded out the global top three while Apple Inc. held the fourth spot with 7.5% of the worldwide market.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cisco, HP, NetApp are vulnerable to a ‘deterioration’ in enterprise spending, Goldman warns
    MarketWatch

    Cisco, HP, NetApp are vulnerable to a ‘deterioration’ in enterprise spending, Goldman warns

    Enterprise spending will continue to “deteriorate,” according to Goldman Sachs, and that could pose problems for several large tech stocks.

  • MarketWatch

    HP stock falls after Goldman Sachs turns bearish

    Goldman Sachs analyst Rod Hall downgraded shares of HP Inc. to sell from neutral on Thursday, writing that he expects a "substantially tougher environment" ahead next year as the company sees PC tailwinds reverse and tries to change up its printing strategy to combat a rise in counterfeit supplies. Shares are off 2.4% in premarket trading Thursday. "While consumer PCs have been weak, this has been masked by strength in commercial PCs driven in part by the Windows 10 migration cycle which we expect to fade in 2020, particularly in [the second half]," Hall wrote. "Further, we see significant risk to printing profits as the supplies business continues to deteriorate." He lowered his price target to $14 from $18. The stock has lost 20% over the past three months, while the S&P 500 has risen 2.5%. Hall also turned bearish on NetApp Inc.'s stock Thursday and downgraded Cisco shares to neutral from buy.

  • TheStreet.com

    HP Shares Extend Declines After Goldman Analysts Lower Rating, Price Target

    HP shares traded lower Thursday after analysts at Goldman Sachs lowered their rating on the stock, and cut their price target, citing a "substantially tougher" business environment in 2020.

  • HPI Federal inks $1.4B Navy contract for computers, hardware
    American City Business Journals

    HPI Federal inks $1.4B Navy contract for computers, hardware

    The technology contract will provide computers and hardware to the Navy and Marine Corps, either through outright acquisitions or by leasing them as a service.

  • Two Gadget Makers Look to Move Manufacturing Out of China, Citing Trade War
    Bloomberg

    Two Gadget Makers Look to Move Manufacturing Out of China, Citing Trade War

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Two American consumer electronics companies said this week that they’re looking to shift manufacturing away from China and into other countries, citing pressures from import tariffs on their products amid the trade war.Fitbit Inc. said on Wednesday that it would stop Chinese manufacturing of its health trackers and smartwatches by January. Tile Inc. said it’s also considering plans to make its Bluetooth-enabled location trackers in other countries, after the company was hit with tariffs last month.“The biggest challenge for a company like Tile is our ability to plan for shifting changes in U.S. policy toward China,” said Chief Executive Officer CJ Prober. “With recent impacts, we are looking at other regions.”Tile on Tuesday added a new sticker to its lineup of tracking devices that help customers keep tabs on keys, wallets and the like, and raised $45 million in funding in its last round of funding earlier this year. The gadget maker does the majority of its manufacturing in China, but as the U.S.-China trade war has escalated, it’s now considering Mexico, Malaysia, Vietnam and “possibly the U.S.” as future manufacturing hubs, Prober said.“We are re-evaluating our entire supply chain and how we do what and where,” he said, adding that in recent weeks, Tile had dedicated an “entire team” to the task of traveling to different cities and evaluating manufacturing facilities. In a sign of concern from investors about the potential costs of relocating these operations, shares of San Francisco-based Fitbit fell as much as 2% Wednesday after announcing the move from China.Several U.S. companies, long accustomed to using China as a manufacturing base, are now looking to reduce their exposure to the country. Last year, GoPro Inc. announced it would move much of its U.S.-bound camera production out of China to avoid potential tariffs, and has largely accomplished that goal, according to a spokesman. In August, HP Inc.’s laptop maker Inventec Corp. said it will shift production of notebooks for the U.S. market away from China. Apple Inc. has been doing battle with the White House over requests to get the iPhone and other products off the list of Chinese-made goods slated to be hit with tariffs on Dec. 15.The latest $300 billion round of duties will impact essentially all remaining Chinese imports—with some exceptions, though details around which imports will be exempted are still unclear. Trade policy between the world’s two largest economies is still in flux. Chinese Vice Premier Liu He is set to visit the U.S. this week for further trade talks.“We are supportive of the overall policy” of the U.S. in its negotiations with China, Tile’s Prober said. But “what’s been challenging is the implementation of that policy.” The company “only got a few weeks’ notice” that its products would be subject to new tariffs before they went into effect in September, he said. (Updates with Fitbit news in the second paragraph.)To contact the author of this story: Candy Cheng in San Francisco at ccheng86@bloomberg.netTo contact the editor responsible for this story: Anne VanderMey at avandermey@bloomberg.net, Mark MilianFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Stratasys Unveils Medical 3D Printer, Boosts Market Foothold
    Zacks

    Stratasys Unveils Medical 3D Printer, Boosts Market Foothold

    Stratasys' (SSYS) new 3D printer is especially beneficial for medical device companies, which require new ways to drive faster adoption of technologies and procedures.

  • Benzinga

    AMD Unveils Budget Radeon Graphics Cards Aimed At Nvidia's Entry-Level Products

    Advanced Micro Devices, Inc. (NASDAQ: AMD ) announced a new lineup of graphics cards Monday: the RX 5500 series graphics products using the RDNA gaming architecture to deliver high-performance, high-fidelity ...

  • Company News For Oct 7, 2019
    Zacks

    Company News For Oct 7, 2019

    Companies in the news are: COST, BP, HPQ and SRPT

  • With yet another restructuring, HP wakes up to the realities of its struggling cash cow
    MarketWatch

    With yet another restructuring, HP wakes up to the realities of its struggling cash cow

    HP Inc. is embarking on yet another massive restructuring, with plans to lay off 7,000 to 9,000 employees over the next three years, as its biggest profit generator, printing, continues to reel from soft demand pressures and cheaper copycat printing supplies.

  • HP to slash 7,000 to 9,000 jobs over three years as part of major restructuring
    MarketWatch

    HP to slash 7,000 to 9,000 jobs over three years as part of major restructuring

    HP Inc. on Thursday announced a major restructuring that will eliminate 7,000 to 9,000 jobs over the next three years as part of a series of moves to transform the computing giant into a software and services powerhouse.

  • GlobeNewswire

    HP Expands Healthcare Edition Portfolio to Address Global Industry Challenges

    News highlights: Sanitizable keyboards and touch-enabled control panels through nitrile, latex and surgical gloves help prevent the spread of infection1Certified printers.

  • Financial Times

    Giving old tech a second life

    For Jackie Rafferty, operations manager at Hewlett Packard Enterprise’s Technology Renewal Centre just outside Glasgow, there was satisfaction in finally finding a home for some vintage tech that can still fetch top dollar. It shares the spoils of reselling customers’ redundant equipment, providing them with the cash to buy new kit from it and strengthening the understanding of its sales teams on when and where a customer who leases or buys will upgrade.

  • HP Announces Layoffs, Restructuring Plan
    Market Realist

    HP Announces Layoffs, Restructuring Plan

    After the market closed yesterday, HP Inc. (HPQ) stated that it would lay off 7,000–9,000 workers as part of its restructuring efforts.

  • Dow Jumps 300 Points Friday
    GuruFocus.com

    Dow Jumps 300 Points Friday

    Smart Global Holdings jumps on 4th-quarter results Continue reading...

  • Benzinga

    Option Traders Making Large Bullish Bets On HP Following Layoff News

    HP Inc (NYSE: HPQ) tumbled 9.5% on Friday after the company announced an aggressive round of layoffs. On Friday, Benzinga Pro subscribers received eight option alerts related to unusually large trades of HP options. At 10:41 a.m., a trader sold 602 HP put options with an $18 strike price expiring on Oct. 11 near the bid price at $1.461.

  • HP to axe up to 9,000 jobs
    Yahoo Finance Video

    HP to axe up to 9,000 jobs

    HP is slashing up to 16 percent of its workforce. Yahoo Finance's Ines Ferre joins Akiko Fujita to discuss on "The Ticker."