HP (NYSE:HPQ) Releases FY 2025 Earnings Guidance

HP (NYSE:HPQ) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 3.450-3.750 for the period, compared to the consensus EPS estimate of 3.600. The company issued revenue guidance of -. HP also updated its FY25 guidance to $3.45-3.75 EPS.

Analyst Upgrades and Downgrades

HPQ has been the subject of several research reports. Loop Capital dropped their price objective on shares of HP from $37.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Morgan Stanley dropped their price target on HP from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Thursday, August 29th. JPMorgan Chase & Co. reduced their price objective on HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. UBS Group upped their target price on HP from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. Finally, Citigroup lowered their price target on shares of HP from $37.00 to $36.50 and set a “neutral” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $36.32.

HP Trading Down 11.4 %

Shares of NYSE:HPQ opened at $34.66 on Thursday. The company has a market capitalization of $33.40 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 2.70 and a beta of 1.07. HP has a 12-month low of $27.42 and a 12-month high of $39.79. The business has a 50-day moving average price of $36.56 and a 200 day moving average price of $35.52.

HP (NYSE:HPQ) last announced its quarterly earnings results on Tuesday, November 26th. The computer maker reported $0.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.93. HP had a net margin of 5.33% and a negative return on equity of 266.37%. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.99 billion. During the same period last year, the business earned $0.90 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. As a group, equities research analysts predict that HP will post 3.39 earnings per share for the current fiscal year.

HP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be paid a dividend of $0.2894 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.34%. This is a boost from HP’s previous quarterly dividend of $0.28. The ex-dividend date is Wednesday, December 11th. HP’s dividend payout ratio is 38.60%.

HP announced that its Board of Directors has authorized a share buyback plan on Wednesday, August 28th that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the computer maker to purchase up to 28.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity at HP

In other news, CEO Enrique Lores sold 211,501 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $33.16, for a total value of $7,013,373.16. Following the completion of the transaction, the chief executive officer now owns 3 shares of the company’s stock, valued at approximately $99.48. This trade represents a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.41% of the company’s stock.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.