HP (NYSE:HPQ) Releases FY 2025 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HPQ. 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 note on Thursday, September 5th. JPMorgan Chase & Co. cut their target price on HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. HSBC lowered HP from a “buy” rating to a “hold” rating and lowered their price target for the stock from $39.00 to $38.00 in a research report on Friday. TD Cowen boosted their price objective on HP from $32.00 to $39.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Citigroup lowered their target price on HP from $37.00 to $36.50 and set a “neutral” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $36.77.

HP Stock Performance

HPQ stock opened at $34.66 on Friday. HP has a fifty-two week low of $27.42 and a fifty-two week high of $39.79. The company’s 50 day moving average price is $36.56 and its 200 day moving average price is $35.52. The firm has a market capitalization of $33.40 billion, a price-to-earnings ratio of 12.33, a PEG ratio of 2.40 and a beta of 1.07.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 26th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. HP had a negative return on equity of 253.39% and a net margin of 5.18%. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the prior year, the firm posted $0.90 EPS. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. Equities analysts forecast that HP will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be paid a $0.2894 dividend. This represents a $1.16 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, December 11th. This is an increase from HP’s previous quarterly dividend of $0.28. HP’s dividend payout ratio is currently 39.15%.

HP announced that its board has authorized a stock 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 typically a sign that the company’s management believes its shares are undervalued.

Insider Transactions at HP

In related news, CEO Enrique Lores sold 211,501 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 3 shares in the company, valued at $99.48. The trade was a 100.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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.