- HP Inc. (HPQ, Financial) has announced a consistent quarterly dividend, maintaining a forward yield of 4.04%.
- Analyst price targets indicate a potential upside of 12.85% from the current stock price of $28.65.
- HP Inc. maintains a “Hold” status with an average brokerage recommendation of 2.8.
HP Inc. (HPQ), an established name in the technology sector, continues its tradition of rewarding shareholders with a declared quarterly dividend of $0.2894 per share. This consistent payout translates to a forward yield of 4.04%, providing a steady income stream for its investors. Shareholders of record as of June 11 will receive the dividend on July 2, with the ex-dividend date also set for June 11.
Wall Street Analysts’ Insights
Investment analysts have set their sights on HP Inc.’s future performance, with 13 experts projecting a one-year average target price of $32.33 for the stock. The target price varies, with a high of $38.00 and a low of $25.00, suggesting a potential upside of 12.85% from its current market value of $28.65. For a deeper dive into these projections, visit the HP Inc (HPQ, Financial) Forecast page.
HP Inc.’s investment potential is further underscored by the consensus recommendation from 16 brokerage firms. The company currently holds an average brokerage recommendation of 2.8, aligning with a “Hold” status on a scale where 1 indicates a Strong Buy and 5 signals a Sell.
Evaluating HP Inc.’s Valuation
The GF Value, a proprietary assessment by GuruFocus, estimates HP Inc.’s fair value one year from now at $32.30. This estimate suggests a potential upside of 12.74% from the present price of $28.65. The GF Value metric considers historical trading multiples, past business growth, and future performance expectations to assess the stock’s fair value. For more comprehensive insights, visit the HP Inc (HPQ, Financial) Summary page.
