According to TipRanks.com, Long is a 5-star analyst with an average return of 21.4% and a 69.8% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Hewlett Packard Enterprise, and Motorola Solutions.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HP Inc with a $27.71 average price target, representing a 3.0% upside. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $28 price target.
Based on HP Inc’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $14.61 billion and net profit of $880 million. In comparison, last year the company earned revenue of $13.09 billion and had a net profit of $696 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
HP Inc. enages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through following business segments: Personal Systems, Printing, and Corporate Investments.