
HP Inc (HPQ) is a leading computer hardware business with stocks listed in the US. It opened the day at US$29.09 after a previous close of US$28.86. During the day the price has varied from a low of USD28.45 to a high of USD29.14. The latest price was USD28.49 (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 company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. 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, which will typically include 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 that matches 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 using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$28.86, 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.
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What's in this guide?
HP stock price (NYSE:HPQ)
Use our graph to track the performance of HPQ stocks over time.Have HP's shares ever split?
HP's shares were split on a 2202:1000 basis on 2 November 2015. So if you had owned 1000 shares the day before the split, the next day you would own 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 shares at a glance
Open | US$29.09 |
---|---|
High | US$29.14 |
Low | US$28.45 |
Close | US$28.49 |
Previous close | US$28.86 |
Change | US$-0.37 |
Change % | -1.2821% |
Volume | 5,317,415 |
52-week range | US$25.22 - US$33.5989 |
---|---|
50-day moving average | US$27.0168 |
200-day moving average | US$29.365 |
Target price | US$30.57 |
PE ratio | 8.9862 |
Dividend yield | US$1.05 (3.74%) |
Earnings per share (TTM) | US$3.26 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
HP price performance over time
Historical closes compared with the last close of $28.49
1 week (2023-11-30) | -2.90% |
---|---|
1 month (2023-11-07) | 4.24% |
3 months (2023-09-07) | -2.83% |
6 months (2023-06-07) | -4.81% |
1 year (2022-12-07) | 2.37% |
---|---|
2 years (2021-12-07) | -23.60% |
3 years (2020-12-07) | 20.31% |
5 years (2018-12-07) | 24.25% |
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Is it a good time to buy HP stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
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 9x. In other words, HP shares trade at around 9x 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 3.1777. 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
HP's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$5.1 billion (£4 billion).
The EBITDA is a measure of a HP's overall financial performance and is widely used to measure stock profitability.
HP share price volatility
Over the last 12 months, HP's shares have ranged in value from as little as US$25.22 up to US$33.5989. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while HP's is 1.067. 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 financials
Revenue TTM | US$53.7 billion |
---|---|
Operating margin TTM | 8.39% |
Gross profit TTM | US$12.3 billion |
Return on assets TTM | 6.98% |
Return on equity TTM | 0% |
Profit margin | 6.07% |
Book value | -1.075 |
Market capitalisation | US$29 billion |
TTM: trailing 12 months
HP share dividends
Dividend payout ratio: 32.12% of net profits
Recently HP has paid out, on average, around 32.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.74% 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 3.74% return on their shares, in the form of dividend payments. In HP's case, that would currently equate to about $1.05 per share.
While HP's payout ratio might seem fairly standard, it's worth remembering that HP may be investing much of the rest of its net profits in future growth.
HP's most recent dividend payout was on 3 January 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 December 2023 (the "ex-dividend date").
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 01/01/2019) 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
HP Inc was last rated for ESG on: 2019-01-01.
Total ESG score | 13.92 |
---|---|
Total ESG percentile | 4.74 |
Environmental score | 0.82 |
Environmental score percentile | 3 |
Social score | 6.15 |
Social score percentile | 3 |
Governance score | 4.59 |
Governance score percentile | 3 |
Level of controversy | 2 |
HP overview
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 desktops and notebooks, workstations, commercial mobility devices, thin clients, retail point-of-sale systems, displays and peripherals, software, support, and services, as well as video conferencing solutions, cameras, headsets, voice, and related software products. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as focuses on graphics and 3D imaging solutions in the commercial and industrial markets. The Corporate Investments segment is involved in the HP Labs and business incubation, and investment projects. It 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.
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