HP (NYSE:HPQ) Releases Q1 2025 Earnings Guidance

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

HP Trading Down 0.6 %

Shares of HP stock opened at $39.08 on Wednesday. HP has a twelve month low of $27.42 and a twelve month high of $39.79. The firm’s 50-day moving average price is $36.56 and its 200 day moving average price is $35.53. The firm has a market capitalization of $37.66 billion, a PE ratio of 13.71, a P/E/G ratio of 2.70 and a beta of 1.07.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 26th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.93. HP had a negative return on equity of 266.37% and a net margin of 5.33%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.99 billion. During the same period in the previous year, the company posted $0.90 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. On average, sell-side analysts predict that HP will post 3.39 EPS for the current fiscal year.

HP announced that its Board of Directors has approved a share buyback plan on Wednesday, August 28th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the computer maker to repurchase up to 28.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages recently issued reports on HPQ. Loop Capital dropped their price objective on shares of HP from $37.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Bank of America lowered HP from a “buy” rating to a “neutral” rating and set a $37.00 price objective on the stock. in a research note on Friday, September 27th. Barclays cut their target price on HP from $33.00 to $32.00 and set an “equal weight” rating for the company in a research note on Thursday, August 29th. JPMorgan Chase & Co. lowered their price target on shares of HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Finally, Citigroup cut shares of HP from a “buy” rating to a “neutral” rating and set a $37.00 price objective for the company. in a research report 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 company’s stock. According to MarketBeat.com, HP has a consensus rating of “Hold” and an average price target of $36.09.

Insider Activity

In related news, CEO Enrique Lores sold 211,501 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $33.16, for a total transaction of $7,013,373.16. Following the sale, the chief executive officer now directly owns 3 shares of the company’s stock, valued at $99.48. This represents a 100.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.