Hewlett-Packard Company (NYSE:HPQ) shares traded -2.96% down during most recent session to reach at the closing price of $23.24. The stock exchanged hands 15.22 Million shares versus average trading capacity of 10.28 Million shares, yielding a market cap of $37.21 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $27.38 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Hewlett-Packard Company (NYSE:HPQ) high price target of $30 and with a conservative view have low price target of $22.
Bank of America “Maintained” Hewlett-Packard Company (NYSE:HPQ) in a research note issued to investors on 10/04/18 to Buy with price target of $30.
Additionally on 10/04/18 UBS “Maintained” Hewlett-Packard Company (NYSE:HPQ) to Buy setting price target at $30 and on 10/04/18 Maxim Group “Maintained” the stock to Buy at $32. Furthermore on 10/04/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $28.
On the other hand the company has Relative Strength Index (RSI 14) of 45.41 along with Average True Range (ATR 14) of 0.73, Consequently Hewlett-Packard Company (NYSE:HPQ)’s weekly and monthly volatility is 3.53%, 2.74% respectively. The company’s beta value is at 1.48.
In terms of Buy, Sell or Hold recommendations, Hewlett-Packard Company (NYSE:HPQ) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Hewlett-Packard Company (NYSE:HPQ)’s minimum EPS for the current quarter is at $0.5 and can go high up to $0.55. The consensus mean EPS for the current quarter is at $0.52 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.48 earnings per share for the same quarter during last year.
Previously Hewlett-Packard Company (NYSE:HPQ) reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54 by $0. The company posted an earnings surprise of 0%.
Hewlett-Packard Company (NYSE:HPQ)’s revenue estimates for the current quarter are $14.96 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $15.43 Billion in contradiction of low revenue estimates of $14.64 Billion. For the current year the company’s revenue estimates are $59.35 Billion compared to low analyst estimates of $58.58 Billion and high estimates of $60.61 Billion according to 14 number of analysts.
Currently Hewlett-Packard Company (NYSE:HPQ)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 83.3%. However the six-month change in the insider ownership was recorded -42.64%, as well as three-month change in the institutional ownership was recorded -2.2%.
Hewlett-Packard Company (NYSE:HPQ)’s trailing twelve month revenues are $57.03 Billion, whereas its price to sales ratio for the same period is 0.65. Its book value per share for the most recent quarter is $-1.1 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $4.42, however its price to cash per share ratio for the same period is 5.25. The stock has 5 year expected PEG ratio of 1.92 whereas its trailing twelve month P/E ratio is 14.43.