HP’s stock returns
HP Inc. (HPQ) stock has returned 15% in the last 12 months, -1.4% in the last month, and -3.6% in the last five days. HP stock rose 30% in 2016 and 46% in 2017. Since the start of 2018, it’s risen just over 1.5%.
Analysts’ recommendations and price targets
Of the 19 analysts tracking HP, ten have recommended “buys,” nine have recommended “holds,” and none have recommended “sells” on the stock. Analysts’ 12-month average price target for HP is $25.76, and their median estimate is $27.00. HP is trading at a discount of 27% to analysts’ median estimate.
On May 29, HP closed the trading day at $21.30. Based on that price, the stock is trading as follows:
- 4.4% below its 100-day moving average of $22.27
- 2.7% below its 50-day moving average of $21.88
- 3.3% below its 20-day moving average of $22.03
HP is trading 25% above its 52-week low of $17.1 and just 14% below its 52-week high of $24.75.
MACD and RSI
HP’s 14-day MACD (moving average convergence divergence) is 0.05. A stock’s MACD marks the difference between its short-term and long-term moving averages. HP’s positive MACD score indicates an upward trading trend.
HP has a 14-day RSI (relative strength index) score of 38, which shows that the stock is trading very close to oversold territory. An RSI score of above 70 indicates that a stock has been overbought, while an RSI score of below 30 suggests that a stock has been oversold.