HP (HPQ) Increases Despite Market Slip: Here's What You Need to Know

HP stock closed up 1.79% at $31.28, outperforming the broader market decline. The company has a Zacks Rank #1 (Strong Buy) rating with a Forward P/E of 9.51, trading at a discount to its industry average. Upcoming earnings are expected to show EPS of $0.75 (down 19.35% YoY) but revenue of $15.47 billion (up 5.69% YoY).