HP (NYSE:HPQ) Updates Q1 2025 Earnings Guidance

HP (NYSE:HPQ) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.700-0.760 for the period, compared to the consensus earnings per share estimate of 0.850. The company issued revenue guidance of -. HP also updated its FY 2025 guidance to 3.450-3.750 EPS.

Analysts Set New Price Targets

HPQ has been the topic of several research analyst reports. Citigroup decreased their target price on shares of HP from $37.00 to $36.50 and set a “neutral” rating on the stock in a research report on Wednesday. Loop Capital decreased their price objective on shares of HP from $37.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. JPMorgan Chase & Co. lowered their target price on shares of HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. TD Cowen lifted their price target on shares of HP from $32.00 to $39.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Morgan Stanley decreased their price target on HP from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 29th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $36.32.

HP Stock Down 11.4 %

NYSE HPQ opened at $34.66 on Thursday. HP has a fifty-two week low of $27.42 and a fifty-two week high of $39.79. The business has a fifty day moving average of $36.56 and a 200-day moving average of $35.52. The stock has a market cap of $33.40 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 2.70 and a beta of 1.07.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 26th. The computer maker reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. HP had a net margin of 5.33% and a negative return on equity of 266.37%. The firm had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.99 billion. During the same quarter in the previous year, the company posted $0.90 EPS. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. As a group, analysts anticipate that HP will post 3.39 EPS for the current year.

HP Increases Dividend

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

HP declared that its Board of Directors has authorized a stock buyback plan on Wednesday, August 28th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the computer maker to repurchase up to 28.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, CEO Enrique Lores sold 211,501 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was 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 directly owns 3 shares in the company, valued at approximately $99.48. This 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. Corporate insiders own 0.41% of the company’s stock.

About HP

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.