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HP Inc. (HPQ)

NYSE - NYSE Delayed Price. Currency in USD
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18.32-0.12 (-0.65%)
At close: 4:03PM EDT

18.30 -0.02 (-0.11%)
After hours: 6:43PM EDT

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Trade prices are not sourced from all markets
Previous Close18.44
Open18.71
Bid18.38 x 3000
Ask18.39 x 800
Day's Range18.26 - 18.95
52 Week Range12.54 - 23.93
Volume9,558,033
Avg. Volume11,596,392
Market Cap25.163B
Beta (5Y Monthly)1.03
PE Ratio (TTM)10.37
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.70 (3.82%)
Ex-Dividend DateSep. 08, 2020
1y Target EstN/A
  • HP Builds on Sustainability Commitment with First Consumer PCs Made with Ocean-Bound Plastics
    GlobeNewswire

    HP Builds on Sustainability Commitment with First Consumer PCs Made with Ocean-Bound Plastics

    Company brings premium mainstream with colorful and bold Pavilion notebooks HP Pavilion 13 The HP Pavilion 13 is a stunning mobile powerhouse in natural silver with up to 8.5 hours of battery life [3] and Wi-Fi 6. HP Pavilion 15 The HP Pavilion 15 is a workhorse with the new 11th Gen Intel® Core™ processors or AMD Ryzen™ 4000 Series Mobile Processors. HP Pavilion 14 The HP Pavilion 14 is designed for work and play, with all the ports needed to stay productive along with the HP Wide Vision HD Camera for video chats and digital learning.PALO ALTO, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) -- Today, HP Inc. announced updates to its Pavilion line-up, designed to turn heads while progressing the company’s leadership towards a more sustainable future. The HP Pavilion 13, HP Pavilion 14, and HP Pavilion 15 Laptops showcase a progressive new tonal color-blocking design and are the first consumer laptops available from HP to feature 11th Gen Intel® Core™ processors with Intel® Iris® Xe graphics. The new devices are also the company’s first consumer notebooks using post-consumer-recycled and ocean-bound plastics.1Never before has the PC been more essential among the Gen Z population. They have turned to PCs to connect with friends and family, stay entertained, and learn in digital classrooms. They have spent almost 10 more hours a week on their PC during COVID-19 than before, and over half of them are using the PC more than their phones.2 The newest Pavilion series delivers stellar performance, an immersive entertainment experience, and the mobility required to accommodate how and where they use their PC.“When it comes to PCs for the newest generation of users, we want to help power their fun not only during the pandemic but in the years to come,” said Kevin Frost, global lead and general manager, Consumer, Personal Systems, HP Inc. “​HP packs powerful performance features and a youthful, colorful premium design into its newest Pavilion clamshells, making them accessible to everyone to stay connected, entertained, and learning.”Playful and Unique Design for Today’s PC User Sustainability continues to be a key focus for HP across the full portfolio of PCs and solutions. The new Pavilions feature the use of post-consumer recycled and ocean-bound plastics in the construction of the speaker housing – and its use in these devices is estimated to keep approximately 92,000 plastic bottles out of the oceans and landfills.3 The outer boxes and fiber cushions used in packaging the new devices are also 100% sustainably sourced and recyclable.4 The laptops are also EPEAT Silver registered and Energy Star certified.The latest Pavilion PCs are inspired by art. Featuring clean lines and sculptural elements with attractive hourglass edges, users can easily open the device from all three sides. As part of the Pavilion redesign, these devices feature a 3D seamless metal chassis to eliminate parting lines on the device for a sleek, clean look and feel. The Pavilion 15 sports an 86% screen-to-body ratio (STBR), and x/y dimensions across all three devices have also improved gen-over-gen.5 The displays have a three-sided micro edge bezel, with the Pavilion 13 offering either a Full HD or Ultra HD display, and the Pavilion 14 and Pavilion 15 offering either an HD or Full HD panel.6 The devices are also Microsoft High Dynamic Range (HDR) streaming capable, with High Efficiency Video Coding (HEVC) preinstalled on FHD and UHD panel options for a richer, more colorful viewing experience.The devices also come in five unique color combinations.7 All platforms will offer natural silver, luminous gold, and ceramic white color combinations; the Pavilion 14 also features a tranquil pink color combination; and, the Pavilion 15 will offer four different color options including fog blue.Perfect for students, all the PCs feature an edge-to-edge keyboard, a larger, more modern, precision touchpad for multi-touch support and easier navigation, and a secure log-in with the optional fingerprint reader.Power Your Fun with Premium Performance, Blazing Fast Connectivity ​Whether powering through online coursework or streaming the latest trending show, the Pavilion PCs offer best-in class-mobile productivity and rich, immersive visuals with the new 11th Gen Intel® Core™ processors with Intel® Iris® Xe graphics​​.8 The Pavilion 14 and Pavilion 15 offers the option of up to NVIDIA® GeForce® MX450 graphics9 and the Pavilion 15 will also offer optional AMD Ryzen™ 4000 Series Mobile Processors10 as well.Other features include: * Accelerated access to files and better storage performance: All three devices offer optional dual channel memory technology and optional Intel® Optane™ Memory11 with PCIe SSD standard up to 1TB .12 * Battery life: Easily power through the day on the newest Pavilion laptops, with up to 8.5 hours of battery life on the Pavilion 13, and up to 8.75 hours on the Pavilion 14 and Pavilion 15.3 * The ports needed to stay productive: The HDMI 2.0 port easily connects an external 5K monitor​, and a versatile SuperSpeed USB-C® port supports data, display, and power delivery​.13 * Stay connected with faster speeds: With Wi-Fi 6, the Pavilion PCs enable up to four times faster maximum Wi-Fi speeds and 75% lower latency.14 * Quick access to the PC anytime: Open the laptop for an instant wake from sleep with HP’s Modern Standby15 to receive email, notifications, and stream music while in a lower power sleep state.​ * Great video and audio experience for today’s new normal: HP Dual Speakers, HP Audio Boost, and tuning by B&O deliver a rich, authentic audio experience, and the HP Wide Vision HD Camera features an 88-degree, wide-angle field of view to video chat in crystal clear detail.16Pricing and availability17: * HP Pavilion 13 is expected to be available in October via HP.com with a starting price of $679.99. The device will also be available for purchase at Amazon, Costco.com, and other US retailers. * HP Pavilion 14 is expected to be available in October via HP.com with a starting price of $579.99. The device will also be available for purchase at other US retailers. * HP Pavilion 15 is expected to be available in October via HP.com with a starting price of $599.99 for the AMD model. The device is also available for purchase at Amazon, Costco, Costco.com, and other US retailers. About HP HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com. AMD, the AMD Arrow logo, Ryzen, Radeon, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.©Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.1 Based on HP's internal analysis of displays marketed to consumers as of Sept. 22, 2020. Notebooks 45% post-consumer recycled plastic content consists of 5% ocean bound plastic materials by weight. 2 HP Proprietary Research, 2020. Online survey of 790 end-users in the US, UK, France, China, and Australia. 3 Based on HP’s internal analysis as of Sept. 22, 2020. 92k recycled plastic bottles consumed, based on HP’s projected shipment volumes of Pavilion clamshell PC products annually. Manufactured recycled ocean bound plastic material in product speaker enclosures. Calculation based on grams per product (using 12.7 grams per 16.9 ounce “single serve” bottled water container) multiplied by projected shipment volumes/ 12.7 grams. ​ 4 100% outer box packaging made from sustainably source certified and recycled fibers. Fiber cushions made from 100% recycled wood fiber and organic material. Any plastic cushions are made from >90% recycled plastic. Excludes plastic bags and plastic foam sheeting. 5 Percent of active plus nonactive viewing area to active viewing area plus border. Measure with lid vertical to the desk. 6 4K content required to view full 4K images. 7 Final color options are dependent on form factor and availability may vary by country. 8 Multi-core is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. Intel’s numbering, branding and/or naming is not a measurement of higher performance. 9 This option is only available on the Pavilion 15 Intel model. 10 Multi-core is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. AMD’s numbering is not a measurement of clock speed. 11 Intel® Optane™ memory system acceleration does not replace or increase the DRAM in your system. 12 For solid state drives, TB = 1 trillion bytes. Actual formatted capacity is less. Up to 35GB of system disk is reserved for system recovery software. 13 USB-C support on the HP Pavilion 15 AMD model is HDMI 2.0 out up to 5120x2880 (60Hz) with HDCP 2.3. 14 Based on Wi-Fi 5 80MHz and Wi-Fi 6 160MHz minimum requirements when transferring files between two devices connected to the same router. Requires a wireless router, sold separately, that supports 802.11ax (Wi-Fi 6). Only available in countries where 802.11ax is supported. 15 System in Connected Modern Standby mode wireless on. Standby time will vary depending on various factors including battery, network configuration, individual usage pattern and configuration. The maximum capacity of the battery will naturally decrease with time and usage. 16 Features may require software or other 3rd party applications to provide the described functionality. 17 Pricing from HP.com, subject to change without notice. Retailers pricing may vary.Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/ac63c47a-7a88-4f38-9fd0-c1c2d81ef6ebhttps://www.globenewswire.com/NewsRoom/AttachmentNg/4ed21a0d-460b-4b90-a40e-9f4a52ab8bc9https://www.globenewswire.com/NewsRoom/AttachmentNg/39d9eb82-a08c-4545-a645-e0af99dc9198    CONTACT: Jenni Balthrop, HP, Consumer jenni.balthrop@hp.com www.hp.com/go/newsroom

  • GlobeNewswire

    HP Inc. and the Arbor Day Foundation Team Up to Plant One Million Trees by the End of 2020

    During Climate Week, HP continues to showcase its commitment to a low-carbon, circular economy through protecting, restoring, and promoting sustainable forests while setting goals and intentions to reduce consumption in operations over the next 5 years.Highlights: * HP takes next step in realizing a forest-positive future by pledging one million trees to support Arbor Day Foundation * Since announcing its forest-positive vision for printing in 2019, HP has donated more than US$12 million to NGO partnerships to protect forests, improve responsible forest management, and develop science-based targets for forests. Its expanded commitment to the Foundation will drive high-impact tree planting initiatives, including the restoration of California forests devastated by the 2018 Carr and Camp wildfires. * HP to speak about the importance of a forest-positive future during an Arbor Day Foundation panel at Climate Week on September 24 * HP pledges to reduce potable water consumption in global operations by 35% by 2025PALO ALTO, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today pledged to plant one million trees by the end of 2020 through a partnership with the Arbor Day Foundation that supports World Economic Forum’s and American Forests’ 1t.org U.S. initiative that serves as a global movement to conserve, restore and grow one trillion trees by 2030. The pledge reaffirms HP’s ongoing commitment to restoring, protecting and improving the management of global forests as part of the company’s vision for print sustainability. In addition, HP pledged to reduce potable water consumption in global operations by 35% by 2025, an industry-leading goal.“At HP, we believe the science that confirms this is the crucial decade for addressing climate change and know that ensuring access to critical natural resources like forests and water is a key part of a global solution,” says Ellen Jackowski, chief sustainability and social impact officer at HP. “By collaborating with organizations such as the Arbor Day Foundation, we are helping restore and preserve the world’s forests for generations to come.”Since January 2020, through its partnership with the Arbor Day Foundation HP has also: * Contributed toward reforestation in California, Michigan, Florida and the Mississippi River Valley. From wildfire restoration and watershed management to endangered species protection, these projects drive positive, long-term environmental impact. * Honored HP employees by planting one tree for each of HP’s 55,000 employees around the world. HP employees voted to plant these trees in California, Ireland, Brazil, Indonesia and Texas.“Forests are a critical tool not only to remove carbon from the atmosphere, but also to mitigate the immediate impacts of the changing climate disasters on people, wildlife and critical ecosystems around the globe,” said Dan Lambe, president of the Arbor Day Foundation. “By restoring tree loss, committed partners like HP are making a significant investment in our health and well-being now and for generations to come.”The HP Sustainable Forests Collaborative HP’s partnership with the Foundation is a part of the HP Sustainable Forests Collaborative, which launched in 2019 with the support of the Forest Stewardship Council (FSC) and International Paper. Earlier this year, Arbor Day Foundation, Chenming Paper, Domtar and New Leaf Paper joined the HP Sustainable Forest Collaborative to accelerate efforts on forest restoration. The cross-industry collaboration will demonstrate scientific and commercially viable approaches to keeping working forest ecosystems healthy. Together, HP and the collaborative members encourage other companies to join their reforestation efforts to restore and protect global forests for future generations.A Continued Commitment to Forest Protection The Arbor Day Foundation partnership adds to a five-year $11 million commitment HP made in September 2019 to protect 200,000 acres of forest in China and Brazil, an area equal to the size of New York City, by collaborating with World Wildlife Fund (WWF).The partnership with WWF also includes a $1 million donation from HP to support the development of science-based guidance related to three issues central to sustaining the world’s forests. These comprise the quantity and quality of forests needed in key regions to ensure the forests can support people and nature, including: contributions to a larger global Science-Based Targets initiative (SBTi), actions companies can take to keep those forests thriving and tools companies can use to better estimate the climate, water and other nature-related co-benefits of their actions.Creating a Greater Call to Action Today, all HP branded paper is deforestation-free, and HP is on track to derive all paper-based product packaging from certified and recycled sources by the end of 2020, with a preference for virgin fiber from FSC-certified sources.However, the company believes more private and public partnerships are needed to enable all participants to collaborate, share best practices and take advantage of each other’s strengths. To that end, HP recently made a commitment to the U.S. chapter of the World Economic Forum’s 1t.org, the global trillion tree movement. The initiative is designed to bring together like-minded companies, governments and organizations to accelerate the restoration of degraded forest ecosystems, fight climate change and protect biodiversity on the planet. Through these types of collaborations, HP believes it can magnify its influence to inspire widespread action across all industries - helping create a more sustainable future for the generations to come.To increase awareness about the importance of responsibly managed forests and encourage others to prioritize this cause, HP will join the Arbor Day Foundation, TeamTrees, PepsiCo, Procter & Gamble, Salesforce, The Nature Conservancy, The UPS Foundation and the Wildlife Conservation Society at a September 24 Climate Week panel titled “Can the Push for Tree Planting Tip the Scale?” For additional details on this event and/or to register, please visit https://climateweeknyc.org/event/can-push-trees-tip-scale.The Value of Water HP is also announcing a corporate goal to reduce potable water consumption across global operations by 35% by 2025, compared to 2015. Previously, HP committed to reduce potable water consumption by 15% by 2025, compared to 2015. In 2019, HP exceeded its water goal six years early, by consuming 18% less than in 2015. As part of the goal, HP is focusing on high risk- and high water-consuming sites. As the private sector continues to look at climate risks from a business and financial perspective, HP will focus on facilities in areas that have seen higher droughts and less potable water for global citizens. Last year, HP received an “A” on the 2019 CDP Water list.About HP Inc. HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.MEDIA CONTACTS: Tom Suiter, HP Tom.suiter@hp.com http://press.ext.hp.com ©Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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    Zacks

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