HP (HPQ) stock rose slightly, outperforming sector, but lagged behind market indexes.

From MarketWatch: 2024-05-24 18:00:07

HP (HPQ) closed at $32.75, a +0.31% change from the prior day, lagging behind the S&P 500 and Nasdaq. Shares have appreciated by 16.07% over the past month, outperforming the sector. Earnings report set for May 29, 2024, with expected earnings of $0.81 per share and quarterly revenue of $12.53 billion.

HPQ’s full-year estimates predict earnings of $3.42 per share and revenue of $53.3 billion. Recent estimate revisions reflect evolving business trends, with a Zacks Rank of #3 (Hold). Valuation includes a Forward P/E ratio of 9.54 and PEG ratio of 2.44. The Computer – Mini computers industry ranks 219 out of 250+ industries.

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Read more at MarketWatch: HP (HPQ) Rises Yet Lags Behind Market: Some Facts Worth Knowing