Analyst Ratings for HP Inc. (HPQ)Updated: 2017-07-28
An average rating of Overweight has been given to HP Inc. (NYSE:HPQ) by analysts covering the stock. HPQ had previously received a consensus rating of Overweight a month ago.
Of the 26 analysts covering the stock, 13 gave it a buy rating, 2 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for HPQ by the analysts covering the stock. The most optimistic analyst gave a price target of 23, which equates to a potential upside of 19.98 percent. The most pessimistic price target was 14, implying a possible loss of -26.97 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.22 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.24 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of HPQ to grow at a rate of 14.8 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. HPQ has a PEG ratio of 0.91.
HPQ has a 52-week high of 19.58 and a 52-week low of 13.55. Today's price is 41.48 percent above the 52-week low, and 2.09 percent below the high. HPQ has a price/earnings ratio of 13.5. Investors typically compare the P/E ratio to a company's peers in the industry. The HPQ value stock report compares HPQ to some of its peers using value stock charts. The stock has a market capitalization of $32.34 billion. HPQ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.