HP Inc (NYSE:HPQ) rose 0.97% during previous trade. Morgan Stanley issued rating on the stock of HP Inc (NYSE:HPQ) in a research note issued to investors on Sep-06-16, the stock received “Upgrade” rating from Underweight to Equal-Weight. Additionally FBR Capital issued their Verdict on the stock of the company, on record date of Jul-29-16 the stock was “Reiterated” as Mkt Perform from $66 to $58 besides that on Jun-21-16 HP Inc (NYSE:HPQ) was “Upgraded” by KeyBanc Capital Mkts from Sector Weight to Overweight. Furthermore on Jun-01-16 the stock was “Downgraded” by Credit Suisse from Neutral to Underperform.
HP Inc (NYSE:HPQ) shares ended last trading session at the price of $14.63 whereas a number of traders indicating mean target price will hit $59.32 over the next twelve months, mean value of price target most recently revised on 08/31/16. HP Inc (NYSE:HPQ)’s highest estimates of price target are $80.00 and low forecast is $39.00 based on the opinion of 29 analysts. The price target estimates represents a standard deviation of 11.27. However brokerage recommendations suggests an ABR of 2.73 based on calls of 20 experts, where 4 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 10 suggest Hold, 3 are rating the stock as Sell while 1 as Strong Sell.
HP Inc (NYSE:HPQ) is expected to release the earnings of its current quarter on 11/10/16. The company is expected to release $-0.4 EPS for current quarter according to 28 analysts whereas the company reported $0.04 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $-0.52 and high estimate of $-0.18. For the current year HP Inc (NYSE:HPQ) has set to release EPS of $-1.17 as per the sentiments of 22 analysts, however according to 33 analysts, the company expected to release $-1.22 EPS for next year.
HP Inc (NYSE:HPQ)’s average revenue estimates for the current quarter are $301.14M according to 21 number of analysts. However its lowest revenue estimates are $330.92M and highest revenue estimates are $281.6M. A year ago the company’s sales were $566.1M. Its yearly sales growth estimates are -46.80%. For the next quarter the company has anticipated average revenues of $319.05M, according to the sentiments of 16 analysts. For the current year the company has fixed $1.47B revenues, as per the opinion of 7 analysts. For the current year the company has low revenue estimates of $1.4B in contradiction of high revenue estimates of $1.6B. Whereas for the next year revenues are set at $1.43B by 24 analysts.
The stock exchanged hands 7.58M shares versus average trading capacity of 12.61M shares, while its shares’ total market worth is $25.01B along with 1.71M outstanding shares. HP Inc (NYSE:HPQ) shares were trading -9.81% below from the 52-week high price mark of $69.50 and +62.55% above from the 52-week price bottom of $38.56. However the company observed 52 week high price on 07/14/16 and witnessed 52 week low price on 01/20/16. The company’s price sits -1.45% below from its 50-day moving average of $62.86 and 9.49% far from the stock’s 200-day moving average which is $61.83. HP Inc (NYSE:HPQ)’s price to sales ratio for trailing twelve month stands at 3.65, whereas its price to book ratio for most recent quarter sits at 1.44. However the company’s price to cash per share for most recent quarter stands at 7.09. Its price to free cash flow for trailing twelve months is 27.07.