HP (NYSE:HPQ) Issues Q1 2025 Earnings Guidance

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Bank of America lowered HP from a “buy” rating to a “neutral” rating and set a $37.00 price objective for the company. in a research report on Friday, September 27th. Barclays cut their price target on HP from $33.00 to $32.00 and set an “equal weight” rating for the company in a report on Thursday, August 29th. JPMorgan Chase & Co. decreased their price objective on HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Loop Capital reduced their price target on shares of HP from $37.00 to $35.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. Finally, Citigroup downgraded shares of HP from a “buy” rating to a “neutral” rating and set a $37.00 price target on the stock. in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.45.

HP Price Performance

HPQ stock traded down $0.22 during mid-day trading on Tuesday, reaching $39.08. 12,052,757 shares of the company’s stock were exchanged, compared to its average volume of 7,761,361. HP has a 12-month low of $27.42 and a 12-month high of $39.79. The stock’s 50 day moving average is $36.47 and its 200 day moving average is $35.46. The company has a market cap of $37.66 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07.

HP (NYSE:HPQ) last released its quarterly earnings results on Tuesday, November 26th. The computer maker reported $0.93 earnings per share for the quarter, hitting 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 prior year, the firm earned $0.90 EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, research analysts forecast that HP will post 3.39 earnings per share for the current fiscal year.

HP declared that its board has authorized a share buyback program on Wednesday, August 28th that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the computer maker to reacquire up to 28.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Activity at HP

In other news, CEO Enrique Lores sold 211,501 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $33.16, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by insiders.

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.