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How to buy HP (HPQ) stocks
Learn how to easily invest in HP stocks.
HP is a computer hardware business based in the US. HP stocks (HPQ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $30.93 – an increase of 3.1% over the previous week. HP employs 58,000 staff and has a trailing 12-month revenue of around $59.8 billion.
How to buy HP stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – HPQ. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in HP?
- Has coronavirus impacted HP shares?
- HP shares summary
- Compare share dealing platforms
- Is HP stock a buy or sell?
- HP performance over time
- 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
|Latest market close||$30.93|
|52-week range||$23.64 - $39.45|
|50-day moving average||$29.45|
|200-day moving average||$28.77|
|Wall St. target price||$29.71|
|Dividend yield||$1.012 (3.42%)|
|Earnings per share (TTM)||$2.55|
Buy HP stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
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.
HP price performance over time
Historical closes compared with the close of $30.93 from 2023-05-30
|1 week (2023-05-25)||0.10%|
|1 month (2023-05-01)||3.24%|
|3 months (2023-03-01)||7.17%|
|6 months (2022-12-01)||3.58%|
|1 year (2022-05-28)||N/A|
|2 years (2021-05-28)||5.82%|
|3 years (2020-06-01)||104.43%|
|5 years (2018-06-01)||36.38%|
Is HP stock undervalued or overvalued?
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 12x. In other words, HP shares trade at around 12x 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 8.5131. 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 $5.6 billion.
The EBITDA is a measure of a HP's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$59.8 billion|
|Operating margin TTM||7.98%|
|Gross profit TTM||$12.3 billion|
|Return on assets TTM||7.94%|
|Return on equity TTM||0%|
|Market capitalisation||$30 billion|
TTM: trailing 12 months
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.
HP share dividends
Dividend payout ratio: 27.89% of net profits
Recently HP has paid out, on average, around 27.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.42% 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 3.42% return on their shares, in the form of dividend payments. In HP's case, that would currently equate to about $1.012 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 5 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2023 (the "ex-dividend date").
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 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 $23.6429 up to $39.4473. 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 1.0155. 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 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.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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