Stock To Watch: Hewlett-Packard Company (NYSE:HPQ)


The leading market experts have placed a mean price target of $15.07 on Hewlett-Packard Company (NYSE:HPQ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.41 a share for the upcoming quarter and $1.61 for the current fiscal.

Technical View

The technical analysis of HP Inc. Common Stock plainly substantiates that the 50-day moving average of HP Inc. Common Stock is $13.57, and stock is trading $0.71 points away or +5.20% from its 50-day moving average of $13.57. Further it is trading $2.09 or +17.13% away its 200-day moving average of $12.19. Hewlett-Packard Company (NYSE:HPQ) 52-week high is $14.82 and the 52-week low is $8.91.

This explains if the stock moves $-0.54, it will post a 52-week high. In event of +60.27% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of HP Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Hewlett-Packard Company (NYSE:HPQ) ratio came in at 7.50.

The stock last ended the trading session at $14.28 and registered a market cap of $24.43B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Hewlett-Packard Company (NYSE:HPQ) PEG ratio is at 8.46.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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