HP Inc. (NYSE:HPQ) registered a 0.00% increase, still its new closing price is 69.92% up from the company’s 1 year high of 16.11.It posted -0.75% losses in previous 5 sessions and is now the subject of 16 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 26 stock analysts following this company have an average price target at $16.10, with individual PT in the $13.00-$19.00 range. The shares moved at $14.58, implying that brokerage firms see shares gaining about 55.12% in twelve months time.
HP Inc. (NYSE:HPQ) Upcoming Results on Tap
HP Inc. will next provide financial results for the January 2017 quarter. Stock analysts expect it to report per-share earnings of $0.37 in that period. Sales during the quarter are predicted to arrive at $11.8 billion.
Earnings surprise history: Last quarter, the company posted approximately $12.51 billion in revenue and EPS of $0.36. The mean forecast was for $11.9 billion and $0.36 a share, respectively. One quarter earlier, revenue for the stock was at $11.89 billion, with earnings at $0.48/share.
HP Inc. (HPQ) Brokerage Update
HP Inc. (HPQ) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Jefferies, according to news reported on Wednesday November 23, 2016.Another important research note was issued by Maxim Group on Thursday August 25, 2016.The firm downgraded HPQ to Hold from Buy. Over the last six months and over the last three months, the shares of HP Inc. (HPQ), have changed 5.58% and 4.80%, respectively.
January 3, 2017 — HP Inc. (NYSE:HPQ) debuted exciting new PC innovations that will change the way people interact with their PCs.
For work, home or on the go, HP premium PCs are designed to exceed customer expectations for what they want to accomplish with their devices. New products debuting include:
- HP EliteBook x360, the world’s thinnest business convertible, combines HP Spectre’s powerful thin and light design, HP EliteBook Folio’s collaboration capabilities and HP Elite enterprise security and durability. It features the world’s longest battery life in a convertible with up to 16 hours and 30 minutes. Its integrated collaboration capabilities enhance productivity and bring new life to meetings with dedicated conferencing keys, powerful audio, an optional 13.3″ diagonal 4K UHD display(2) with Windows Hello, and pen support. As part of the HP Elite family, the world’s most secure and manageable PCs, the business convertible includes latest innovations such as HP Sure Start Gen3, the world’s only self-healing BIOS now with run-time memory (SMM) protection. It also protects the office of the future with HP WorkWise, the most advanced Smartphone App for PC Management and first to offer Tamper Protection).
- HP Spectre x360, following the success of HP’s 13.3″ diagonal model, the second generation of HP’s 15.6″ diagonal x360 is the most powerful in the Spectre portfolio. A bigger battery allows for up to 12 hours and 45 minutes while powering a micro-edge 4K display. This is close to the same battery life as the Full HD model launched last year. The new HP Spectre x360 features the latest Intel® Core™ processors(11), high-performance NVIDIA® GeForce® 940MX graphics, adds two new front facing speakers expertly tuned by Bang & Olufsen for a great audio experience and an IR camera for Windows Hello.
- HP ENVY Curved All-in-One 34, the next edition of HP’s award-winning and world’s widest curved all-in-one, now adds more computing power for immersive media experiences. The new curved AIO features a 34″ diagonal Technicolor Color Certified Ultra WQHD micro-edge display that floats over an integrated four-speaker sound bar tuned by Bang & Olufsen. For evening use, the display can easily switch to a low blue light mode for improved eye comfort and a better night’s sleep.