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HP Inc (HPQ) is a leading computer hardware business with stocks listed in the US. It opened the day at US$27.84 after a previous close of US$28.04. During the day the price has varied from a low of USD27.46 to a high of USD27.945. The latest price was USD27.68 (25 minute delay). HP is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in HP
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for HP. Find the share by name or ticker symbol: HPQ. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until HP reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$28.04, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of HP, depending on your broker.
- Check in on your investment. Congratulations, you own a part of HP. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- HP key stats
- Compare share trading platforms
- Is HP stock a buy or sell?
- HP performance over time
- Can I short HP shares?
- Is HP suitable for ethical investing?
- Are HP shares over-valued?
- HP's financials
- How volatile are HP shares?
- Does HP pay a dividend?
- Have HP shares ever split?
- Other common questions
HP stock price (NYSE:HPQ)Use our graph to track the performance of HPQ stocks over time.
HP shares at a glance
|52-week range||US$16.7768 - US$35.5297|
|50-day moving average||US$28.1063|
|200-day moving average||US$30.068|
|Dividend yield||US$0.758 (2.48%)|
|Earnings per share (TTM)||US$3.192|
Where to buy HP stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy HP stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
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HP price performance over time
|1 week (2021-10-13)||4.53%|
|1 month (2021-09-24)||-0.75%|
|3 months (2021-07-23)||-1.84%|
|6 months (2021-04-23)||-19.58%|
|1 year (2020-10-23)||44.77%|
|2 years (2019-10-24)||61.68%|
|3 years (2018-10-24)||20.03%|
|5 years (2016-10-24)||98.14%|
Stocks similar to HP
Is HP under- or over-valued?
Valuing HP stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HP's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
HP's P/E ratio
HP's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, HP shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
HP's PEG ratio
HP's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9073. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into HP's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
HP's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$6.1 billion (£4.4 billion).
The EBITDA is a measure of a HP's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$62.1 billion|
|Operating margin TTM||8.49%|
|Gross profit TTM||US$10.4 billion|
|Return on assets TTM||9.44%|
|Return on equity TTM||-9999999%|
|Market capitalisation||US$35.2 billion|
TTM: trailing 12 months
Shorting HP shares
There are currently 46.4 million HP shares held short by investors – that's known as HP's "short interest". This figure is 1.7% up from 45.7 million last month.
There are a few different ways that this level of interest in shorting HP shares can be evaluated.
HP's "short interest ratio" (SIR)
HP's "short interest ratio" (SIR) is the quantity of HP shares currently shorted divided by the average quantity of HP shares traded daily (recently around 9.2 million). HP's SIR currently stands at 5.05. In other words for every 100,000 HP shares traded daily on the market, roughly 5050 shares are currently held short.
However HP's short interest can also be evaluated against the total number of HP shares, or, against the total number of tradable HP shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case HP's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 HP shares in existence, roughly 40 shares are currently held short) or 0.0464% of the tradable shares (for every 100,000 tradable HP shares, roughly 46 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against HP.
Find out more about how you can short HP stock.
HP's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like HP.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
HP's total ESG risk score
Total ESG risk: 13.92
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and HP's overall score of 13.92 (as at 12/31/2018) is excellent – landing it in it in the 5th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like HP is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
HP's environmental score
Environmental score: 0.82/100
HP's environmental score of 0.82 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that HP is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
HP's social score
Social score: 6.15/100
HP's social score of 6.15 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that HP is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
HP's governance score
Governance score: 4.59/100
HP's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that HP is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
HP's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. HP scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that HP has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||13.92|
|Total ESG percentile||4.74|
|Environmental score percentile||3|
|Social score percentile||3|
|Governance score percentile||3|
|Level of controversy||2|
HP share dividends
Dividend payout ratio: 22.34% of net profits
Recently HP has paid out, on average, around 22.34% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HP shareholders could enjoy a 2.54% return on their shares, in the form of dividend payments. In HP's case, that would currently equate to about $0.758 per share.
While HP's payout ratio might seem low, this can signify that HP is investing more in its future growth.
HP's most recent dividend payout was on 5 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 September 2021 (the "ex-dividend date").
Have HP's shares ever split?
HP's shares were split on a 2202:1000 basis on 1 November 2015. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 2202 shares. This wouldn't directly have changed the overall worth of your HP shares – just the quantity. However, indirectly, the new 54.6% lower share price could have impacted the market appetite for HP shares which in turn could have impacted HP's share price.
HP share price volatility
Over the last 12 months, HP's shares have ranged in value from as little as US$16.7768 up to US$35.5297. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while HP's is 1.0429. This would suggest that HP's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as scanning devices. The Corporate Investments segment includes HP Labs and business incubation projects. HP Inc. serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
HP in the news
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