What's Happening with HPQ
HP Inc (HPQ) is scheduled to report Quarter 4 numbers after the market close on November 24. Analysts forecast earnings of $0.20 per share for the quarter. During the same period last year the company earned $0.14, and the stock is down -0.5% on the year.
HPQ was recently trading at $20.45 down $3.48 from its 12-month high and $7.91 above its 12-month low. InvestorsObserver gives HPQ a 57 long-term technical score and a 41 short-term technical score. The stock has recent support above $17.96 and recent resistance below $20.51. Of the 12 analysts who cover the stock 3 rate it Strong Buy, 0 rate it Buy, 8 rate it Hold, 1 rate it Sell, and 0 rate it Strong Sell, HPQ gets an overall score of 48 from InvestorsObserver.
HPQ has shown annual earnings growth of -8.92% over the last five years, and looking ahead analysts expect the company to grow profits 9.34% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.20 EPS. HPQ is currently trading at $20.45 with an average price target of $20.18.