HP Inc. (NYSE:HPQ) added 1.65% and closed its last session at $15.4. The stock has the market capitalization of $26.35 Billion with the total outstanding shares of 1.71 Billion. HP Inc.. has Analysts’ Mean Recommendation of 2.53 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 10.06 for trailing twelve months while its Forward P/E is 9.4.

HP Inc. (NYSE:HPQ) touched its 52-Week High of $16.19 on Nov 22, 2016 while it’s 52-Week Low of $8.91 on Feb 11, 2016. The company currently has Return on Assets of 9.3 percent, Return on Equity of -57% and Return on Investment of 83.3 percent. The stock currently showing Weekly Volatility of 3.04%% and Monthly Volatility of 2.55% Percent with Average True Range of 0.37 and Beta of 1.52.

The 21 analysts offering 12-month price forecasts for Hewlett-Packard have a median target of 16.00, with a high estimate of 19.00 and a low estimate of 13.00. The median estimate represents a +3.90% increase from the last price of 15.40.

Press Release:

The Company on 22 November declared fiscal 2016 net revenue of $48.2 billion, down 6% (down 2% in constant currency) from the prior-year period.

Fiscal 2016 GAAP diluted net earnings per share (“EPS”) from continuing operations was $1.53, down from $2.02 in the prior-year period and above the previously provided outlook of $1.46 to $1.49. Fiscal 2016 non-GAAP diluted net EPS was $1.60, up from $1.46 in the prior-year period and within the previously provided outlook of $1.59 to $1.62. Fiscal 2016 non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax adjustments of $121 million, or $0.07 per share, related to restructuring and other charges, acquisition and other related charges, defined benefit plan settlement charges, amortization of intangible assets, non-operating retirement-related charges/(credits) and net tax indemnification amounts.

Fourth quarter net revenue was $12.5 billion, up 2% (up 4% in constant currency) from the prior-year period.

Fourth quarter GAAP diluted net EPS from continuing operations was $0.30, down from $0.83 in the prior-year period and above the previously provided outlook of $0.22 to $0.25. Fourth quarter non-GAAP diluted net EPS was $0.36, up from $0.30 in the prior-year period and within the previously provided outlook of $0.34 to $0.37. Fourth quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax adjustments of $101 million, or $0.06 per share, related to defined benefit plan settlement charges, acquisition and other related charges, restructuring and other charges, non-operating retirement-related charges/(credits) and net tax indemnification amounts.

Company Profile:

HP Inc. is the surviving entity following the November 2015 split of Hewlett-Packard Company into publicly traded entities – Hewlett Packard Enterprise Company and HP Inc. The company’s focus will be on the PC and printing products and services. HP Inc. is headquartered in Palo Alto, California.