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How to Buy Hp Stock

Hp Inc

Hp is a computer hardware company located in California, United States, which is part of the Technology sector, and is traded under the ticker HPQ on the NYSE exchange.

Hp stock last closed at $36.24, down 1.39% from the previous day, and has increased 20.16% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.89 percentage points. Hp stock is currently +43.7% from its 52-week low of $25.22, and -8.3% from its 52-week high of $39.52.

At the moment, there are 978.56M shares of HPQ outstanding. The market cap of HPQ is $35.46B. In the past 24 hours, 9.19M HPQ shares were traded.

How to Buy Hp Stock

Not sure how to invest in Hp stock? Here's how.
  1. Figure out where to buy Hp stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Hp stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your info.
  4. Analyze Hp stock: The Hp ticker symbol is HPQ. Is Hp stock a good investment? Should you buy shares of HPQ? How do HPQ's underlying business fundamentals look? Do top analysts think Hp is a good buy? Why has HPQ's stock price moved recently? (Hint: Our stock market research tools can help you decide if HPQ is a good stock to buy).
  5. Place your HPQ purchase: Decide if you will purchase HPQ shares at the current market price or use a limit order to buy HPQ stock at a given price.
  6. Watch your investment in HPQ: Create a watchlist to get live updates on your new investment in Hp stock.

Step 1: Figure out where to buy Hp stock

You will need a brokerage account to access the NYSE market and buy HPQ stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you can buy HPQ stock today.

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  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help transferring funds into your new investment account.

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Step 4: Analyze Hp stock

After you have chosen the best place to buy Hp stock, it's crucial to analyze their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

Hp Numbers

HPQ Price
$36.24
1w %
-0.58%
1y %
20.16%
5y %
73.73%
P/E
12.08x
P/B
-38.72x
P/S
0.67x
PEG
1.23x
Revenue
$53.00B
Earnings
$2.97B
Fore. Rev. Growth
2.86%
Fore. Earn. Growth
10.88%
Market Cap
$35.46B
Next Earnings
N/A
Next Dividend
Jul 3, 2024

Fundamentals of HPQ

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on HPQ's stock page.

Is HPQ stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HPQ's intrinsic value.

Using relative valuations ratios:

  • HPQ could be undervalued based on its P/E ratio of 12.08x, relative to Computer Hardware industry P/E ratio of 35.01x
  • HPQ could be overvalued based on its PEG ratio of 1.23x

You can do additional valuation analysis on HPQ's stock here.

HPQ Financial Health

Pros:

  • HPQ's operating cash flow of $3.65B allows it to safely service it's debt of $9.59B.
  • HPQ profit margin has gone up from 4.7% to 5.6% in the past year.
  • There are more short-term assets than long-term liabilities on the HPQ balance sheet.
  • HPQ earnings of $3.85B is not enough to cover its interest payments.

Cons:

  • Total HPQ debt is still negative.
  • There are more short-term liabilities than short-term assets on the HPQ balance sheet.
  • HPQ debt to equity ratio of -41.87 is negative.

Is it a good time to buy Hp stock, according to analysts?

Out of 9 Wall Street analysts who give forecasts on HPQ, the consensus analyst rating on Hp is a Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Latest HPQ Analyst Recommendations

Wamsi Mohan, a top 5% analyst from Bank of America maintains HPQ with a strong buy rating and raises their HPQ price target from $35.00 to $37.00, on May 30, 2024.

David Vogt, a top 15% analyst from UBS maintains HPQ with a hold rating and raises their HPQ price target from $31.00 to $34.00, on May 30, 2024.

Erik Woodring, a top 12% analyst from Morgan Stanley maintains HPQ with a strong buy rating and raises their HPQ price target from $36.00 to $37.00, on May 30, 2024.

Stephen Bersey, a top 19% analyst from HSBC upgrades HPQ to a strong buy rating and raises their HPQ price target from $30.00 to $33.00, on Feb 14, 2024.

You can dive deeper into what analysts are saying on the Hp stock forecast page.

HPQ Technical Indicators

SMA10
36.23
SMA20
35.39
SMA50
31.55
SMA100
30.46
SMA200
29.35
MACD
1.36
MACD Signal
1.51
MACD Histogram
-0.16
RSI
62.14
Stochastic %K
48.59
Stochastic %D
48.3
StochRSI %K
14.12
StochRSI %D
10.15

HPQ Revenue

Last year, HPQ earnings were $2.97B. During the last 5 year, HPQ's earnings have gone up by 3.71% per year. This was slower than the Computer Hardware industry average of 22.43%.

Last year, HPQ revenue was $53.00B. Over the past 5 year, HPQ's revenue has increased by -2.02% per year. This was slower than the Computer Hardware industry average of 10.64%.

You can analyze HPQ's earnings and revenue performance here.

Who is buying/selling HPQ?

Over the past 12 months, executives and large shareholders at HPQ have sold more shares than they have bought.

Bruce D. Broussard, Director of HPQ, was the latest HPQ insider to buy. They bought $105,010.70 worth of HPQ shares on Apr 22, 2024.

Dig into more about who owns HPQ shares here.

Does HPQ stock generate passive income?

Hp pays a dividend of 3.01%, compared to the Computer Hardware industry's average dividend yield of 1.34%. If you owned $1,000 of HPQ stock, you would have been paid $30.06 last year.

Hp dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Hp dividend yield and history here.

HPQ Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your HPQ purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.

Press the Open Trade button and eToro will execute your order.

If you require additional help with investing in stocks on eToro, click the helpful video below:

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Step 6: Watch your investment in HPQ

Now that you own some HPQ shares, you'll want to keep up with your new investment.

Put HPQ on a watchlist to get notified of important updates regarding your HPQ stock.

HPQ Feed

How to Buy Stock in Hp

To reiterate, here are the 6 steps for buying Hp stock:

  1. Figure out where to buy Hp stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Hp stock
  5. Place your HPQ purchase
  6. Watch your investment in HPQ

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your new investment in Hp, click below.

NYSE: HPQ
$36.24-0.51 (-1.39%)
Updated Jun 20, 2024
Open eToro Account
NYSE: HPQ
$36.24-0.51 (-1.39%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hp share?

As of Jun 20, 2024, it costs $36.24 to buy one share of Hp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.276 shares of HPQ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hp stock?

According to 9 Wall Street analysts who monitor Hp, their consensus recommendation is to buy Hp stock.

What is the best way to buy Hp stock?

One way to place an order for Hp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.