HP Inc. (NYSE: HPQ): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for HP Inc. (HPQ) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.47, or -1.78%, to $25.98. Volume reached 312,331 shares, with price reaching a high of $26.01 and a low of $25.75. The stock was recently discussed on Yahoo Finance as it revealed that What Younger Employees Want: The Chance To Do Good in the World.

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Stocks Info

HPQ belongs to the Technology sector of the NYSE while operating in the Computer Hardware industry. At the end of the last regular session, the stock closed at $26.00 and fluctuated between $26.94 as its day high and $26.00 as its day low. The current market capitalization of HP Inc. is $25.88B. A total of 8.82 million shares were traded on the day, compared to an average of 9.23M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, HPQ has seen 1 BUY and 4 SELL insider trades, representing the acquisition of 82,167 and the disposition of 84,152 shares. Over the last 12 months, there were 34 BUYs and 46 SELLs from insiders. Insiders purchased 12,167,353 shares during that period but sold 1,055,613.

In the most recent transaction, MYERS MARIE sold 4,500 shares of HPQ for 33.05 per share on Aug 01. After the transaction, the Chief Financial Officer now owns 13,500 company shares. In a previous transaction on Jul 01, LORES ENRIQUE sold 34,000 shares at 32.67 per share. HPQ shares that President and CEO owns now total 551,204.

Among the insiders who sold shares, MYERS MARIE disposed of 4,500 shares on Jul 01 at a per-share price of $32.67. This resulted in the Chief Financial Officer holding 18,000 shares of HPQ after the transaction. In another insider transaction, MYERS MARIE sold 6,219 shares at $38.95 per share on Jun 08. Company shares held by the Chief Financial Officer now total 22,500.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. HP Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 3.85%, and it has a price to earnings (P/E) ratio of 4.53. HPQ’s most recent ex-dividend date was 09/13/2022 when it declared a $0.25 quarterly dividend that was paid in cash on 10/05/2022. Previously, the company paid the dividend on 07/06/2022 with an ex-dividend date of 06/07/2022. The dividend was $0.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for HPQ in the last 3 months, the mean price target is $30.25 with high estimates of $33.00 and low estimates of $25.00. In terms of 52-week highs and lows, HPQ has a high of $41.47 and a low of $26.09.

As of this writing, HPQ has an earnings estimate of $0.84 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.87 per share and a lower estimate of $0.81.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HPQ’s latest balance sheet shows that the firm has $4.30B in Cash & Short Term Investments as of fiscal 2021. There were $8.78B in debt and $29.10B in liabilities at the time. Its Book Value Per Share was $-2.26, while its Total Shareholder’s Equity was $-1.65B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HPQ is Underweight with a score of 2.46. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 12 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.

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