Stock In Limelight: Hewlett-Packard Company (NYSE:HPQ)


Hewlett-Packard Company (NYSE:HPQ) has obtained a mean price target of $14.100 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.410 a share for the near-term quarter and $1.600 for this year. Technical View The technical analysis of HP Inc. Common Stock clearly shows that the moving average of 50-days of Hewlett-Packard Company (NYSE:HPQ) stock is $12.537, and stock is trading 0.318 or +2.533% off from $12.537. Coming to moving average of 200-days, it is $11.612, and the stock is $1.243 or +10.704% off from this point. The 52-week high of Hewlett-Packard Company (NYSE:HPQ) was $14.820 while $8.910 is the low in the same period. This state HP Inc. Common Stock shares price has to travel more than $-1.965 to register a new high of 52-weeks or drop $+44.276% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of HP Inc. Common Stock, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Hewlett-Packard Company (NYSE:HPQ) ratio came in at 6.748, which was derived by dividing current price of stock by yearly earnings. HP Inc. Common Stock stock recorded a close of $12.855 in last trading session, reaching a market cap of $21.99B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Hewlett-Packard Company (NYSE:HPQ) PEG ratio is at 7.460.

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