Shareholder returns and stock trends
Hewlett-Packard (HPQ) generated investor returns of -14.1% in the trailing-12-month period and 4.8% in the trailing-one-month period. The company generated returns of 46% in 2014 and -35% in 2015. Its share price rose by 12.7% in the trailing-five-day period, and it has risen by 13.5% since the start of 2016.
In comparison, Apple (AAPL), SanDisk (SNDK), and Western Digital (WDC), Hewlett-Packard’s peers in the technology, hardware, and storage subsector, generated returns of -3%, -21%, and -44%, respectively, in 2015.
On May 27, 2016, Hewlett-Packard closed the trading day at $13.17. Based on this figure, here’s how the stock fared in terms of its moving averages:
- 17% above its 100-day moving average of $11.26
- 8.6% above its 50-day moving average of $12.13
- 11.6% above its 20-day moving average of $11.8
MACD and RSI
MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. Hewlett-Packard’s 14-day MACD is 0.93. This positive figure indicates an upward trading trend.
The company’s 14-day RSI (relative strength index) is 72, which shows that its stock is overbought. Generally, an RSI of above 70 indicates that a stock has been overbought. An RSI of below 30 suggests that a stock has been oversold.
Of the 30 analysts covering Hewlett-Packard’s stock, 13 have given it “buy” recommendations, one has given it a “sell” recommendation, and 16 have given it “hold” recommendations. The analyst stock price target for the company is $14, with a median target estimate of $13.5. Hewlett-Packard is trading at a discount of 2.5% to its median estimate.
Apple makes up 11.5% of the PowerShares QQQ Trust, Series 1 ETF (QQQ).