After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for HP Inc. (HPQ) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.18%, to $28.01. The HP Inc. has recorded 287,854 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that HP Celebrates Inaugural Amplify Impact Award Winners.
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Stocks Info
HP Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Computer Hardware industry. At the end of the last regular session, the stock closed at $27.96 and fluctuated between $28.02 as its day high and $27.25 as its day low. The current market capitalization of HP Inc. is $27.99B. A total of 8.76 million shares were traded on the day, compared to an average of 6.10M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HPQ has seen 1 BUY and 5 SELL insider trades, representing the acquisition of 13,445 and the disposition of 72,722 shares. Over the last 12 months, there were 25 BUYs and 35 SELLs from insiders. Insiders purchased 12,564,361 shares during that period but sold 1,135,240.
In the most recent transaction, MYERS MARIE sold 7,380 shares of HPQ for 29.87 per share on Mar 01. After the transaction, the Chief Financial Officer now owns 22,648 company shares. In a previous transaction on Feb 01, MYERS MARIE sold 7,380 shares at 29.04 per share. HPQ shares that Chief Financial Officer owns now total 19,936.
Among the insiders who sold shares, LORES ENRIQUE disposed of 34,000 shares on Jan 03 at a per-share price of $27.13. This resulted in the President and CEO holding 804,268 shares of HPQ after the transaction. In another insider transaction, MYERS MARIE sold 7,380 shares at $27.00 per share on Jan 03. Company shares held by the Chief Financial Officer now total 27,316.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. HP Inc. pays an annual dividend of $1.05, resulting in a dividend yield of 3.76%, and it has a price to earnings (P/E) ratio of 11.14. HPQ’s most recent ex-dividend date was 3/7/2023 when it declared a $0.2625 quarterly dividend that was paid in cash on 4/5/2023. Previously, the company paid the dividend on 1/4/2023 with an ex-dividend date of 12/13/2022. The HPQ stock dividend was $0.2625 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HPQ in the last 3 months, the mean price target is $28.92 with high estimates of $33.00 and low estimates of $24.00. In terms of 52-week highs and lows, HPQ has a high of $41.47 and a low of $24.08.
As of this writing, HPQ has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 17 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 11 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.