HP (HPQ): Exploring the Stock’s Valuation After Recent Share Price Weakness
HP (HPQ) stock has slipped recently, with shares closing at $26.17 and showing muted performance over the past month. Investors may be weighing the company’s modest revenue and net income growth as they consider the valuation ahead.
See our latest analysis for HP.
HP’s share price has struggled for momentum in 2024, with a year-to-date decline of 19.4% and a one-year total shareholder return at -27.1%. While modest recent moves reflect some ongoing uncertainty, the longer-term five-year total return of 63.3% highlights the stock’s potential if sentiment shifts back in its favor.
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