[Marketwired] – HP today announced a new thin client solution designed to increase productivity for mobile workers with a lighter-weight device that combines high performance, reliable connectivity and secure access to …
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Hewlett-Packard Company (HPQ), currently valued at $43.95B, opened this morning at $22.86.
Shares have traded today between $22.64 and $22.96 per share with its 52-week range being $11.35 to $27.78.
Priced at 6.40x this year’s forecasted earnings, HPQ shares are relatively inexpensive compared to the industry’s 19.32x forward p/e ratio.
The company pays shareholders $0.58 per share annually in dividends, yielding 2.50%.
According to a consensus of 28 analysts, the earnings estimate of $1.00 per share would be $0.16 worse than the year-ago quarter but a $0.00 sequential decrease. The full-year EPS estimate is $3.56 which would be $0.49 setback than last year’s full-year earnings.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $27.87 Billion. If realized, that would be a 6.98% decrease over the year-ago quarter.
In terms of ratings, Mizuho upgraded (HPQ) from Underperform to Neutral (Oct 10, 2013).
Previously, UBS upgraded (HPQ) from Sell to Neutral.
The average price target for HPQ shares by the analysts covering the stock is $24.78, which is 8.40% above where the stock opened this morning.
Hewlett-Packard Company (NYSE:HPQ) and its subsidiaries provide products, technologies, software, solutions and services to individual consumers, small-and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors worldwide.
Tag Helper ~ Stock Code: HPQ | Common Company name: Hewlett-Packard | Full Company name: Hewlett-Packard Company (NYSE:HPQ) .