Media coverage about Hewlett-Packard (NYSE:HPQ) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hewlett-Packard earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the computer maker an impact score of 45.4491740705244 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Document Imaging Scanner Market Key Players: Canon, Inc., Hewlett Packard Company & Others (digitaljournal.com)
- Global Data Center Cooling Market- Hitachi Ltd., Intel Corp., Hewlett-Packard Co., Fujitsu ., Schneider Electric Se., IBM … (factsweek.com)
- Global Analytics Cloud Market 2018 – SAP, Oracle, Microsoft, IBM, Teradata, Google, Hewlett-Packard (newmexicocourierexpress.com)
- Hardware Security Modules Market Globally 2018: Utimaco Gmbh, Gemalto NV and Hewlett-Packard Enterprise … (theanalystfinancial.com)
- How HP Views the A3 Copier Market (finance.yahoo.com)
Shares of HPQ traded up $0.35 during mid-day trading on Thursday, reaching $21.94. 7,868,470 shares of the company’s stock traded hands, compared to its average volume of 10,709,149. The stock has a market cap of $35,699.88, a price-to-earnings ratio of 13.30, a P/E/G ratio of 1.89 and a beta of 1.63. Hewlett-Packard has a 12 month low of $17.10 and a 12 month high of $24.75. The company has a debt-to-equity ratio of -2.31, a quick ratio of 0.67 and a current ratio of 0.91.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 4th. Stockholders of record on Wednesday, March 14th were paid a dividend of $0.1393 per share. The ex-dividend date was Tuesday, March 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.54%. Hewlett-Packard’s dividend payout ratio is 33.94%.
HPQ has been the topic of several research reports. Zacks Investment Research raised Hewlett-Packard from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a report on Tuesday, February 27th. ValuEngine cut Hewlett-Packard from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 27th. Mizuho cut Hewlett-Packard from a “buy” rating to a “neutral” rating and set a $23.00 target price on the stock. in a report on Thursday, February 1st. They noted that the move was a valuation call. Loop Capital reaffirmed a “buy” rating and issued a $28.00 target price on shares of Hewlett-Packard in a report on Monday, January 22nd. Finally, JPMorgan Chase raised Hewlett-Packard from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $22.13 to $28.00 in a research note on Monday, February 26th. Twelve research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $23.94.
In related news, insider Enrique Lores sold 302,893 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $23.31, for a total value of $7,060,435.83. Following the completion of the sale, the insider now owns 88,901 shares in the company, valued at $2,072,282.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ron Coughlin sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $22.50, for a total value of $337,500.00. Following the completion of the sale, the insider now owns 130,766 shares of the company’s stock, valued at approximately $2,942,235. The disclosure for this sale can be found here. Corporate insiders own 0.25% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece of content was first posted by Dakota Financial News and is the property of of Dakota Financial News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of international copyright laws. The original version of this piece of content can be accessed at https://dakotafinancialnews.com/2018/04/13/hewlett-packard-hpq-receives-daily-news-sentiment-rating-of-0-13.html.
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.
Receive News & Ratings for Hewlett-Packard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett-Packard and related companies with MarketBeat.com's FREE daily email newsletter.