HP (HPQ) Earns Daily News Impact Rating of 0.13

News coverage about HP (NYSE:HPQ) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. HP earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the computer maker an impact score of 46.3272191741369 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of HP (NYSE:HPQ) opened at $23.62 on Wednesday. The company has a market capitalization of $39,113.94, a P/E ratio of 13.62, a P/E/G ratio of 2.07 and a beta of 1.69. HP has a 12 month low of $17.03 and a 12 month high of $24.75. The company has a quick ratio of 0.67, a current ratio of 0.91 and a debt-to-equity ratio of -2.31.

HP (NYSE:HPQ) last announced its quarterly earnings results on Thursday, February 22nd. The computer maker reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.06. HP had a negative return on equity of 82.30% and a net margin of 7.15%. The business had revenue of $14.52 billion during the quarter, compared to analysts’ expectations of $13.47 billion. During the same quarter in the previous year, the business posted $0.38 EPS. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. research analysts expect that HP will post 1.93 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Wednesday, March 14th will be issued a $0.1393 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.56 annualized dividend and a yield of 2.36%. HP’s dividend payout ratio (DPR) is currently 24.45%.

HPQ has been the subject of a number of research reports. Citigroup lifted their price objective on shares of HP from $23.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Loop Capital reaffirmed a “buy” rating and issued a $28.00 price objective on shares of HP in a report on Monday, January 22nd. Maxim Group reissued a “hold” rating and set a $25.00 price target on shares of HP in a report on Wednesday, November 22nd. Susquehanna Bancshares set a $22.00 price target on shares of HP and gave the company a “hold” rating in a report on Friday, February 23rd. Finally, Zacks Investment Research raised shares of HP from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Tuesday, February 27th. Twelve analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $23.94.

In other news, insider Enrique Lores sold 302,893 shares of the company’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $23.31, for a total transaction of $7,060,435.83. Following the completion of the transaction, the insider now directly owns 88,901 shares in the company, valued at $2,072,282.31. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Jon E. Flaxman sold 207,806 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $21.58, for a total value of $4,484,453.48. Following the transaction, the chief operating officer now owns 298,538 shares of the company’s stock, valued at $6,442,450.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 591,385 shares of company stock valued at $13,289,138. Corporate insiders own 0.25% of the company’s stock.

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About HP

HP Inc is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services.

Insider Buying and Selling by Quarter for HP (NYSE:HPQ)

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