Hewlett-Packard Co (HPQ): Today's Featured Computer Hardware Loser

Hewlett-Packard (HPQ) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware loser. The industry as a whole closed the day up 0.1%. By the end of trading, Hewlett-Packard fell 59 cents (-2.7%) to $21.05 on average volume. Throughout the day, 21.1 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 19.3 million shares. The stock ranged in price between $20.97-$21.61 after having opened the day at $21.51 as compared to the previous trading day's close of $21.64. Other company's within the Computer Hardware industry that declined today were: Xata Corporation (XATA), down 14.6%, Dot Hill Systems Corporation (HILL), down 4.6%, Radcom (RDCM), down 4.5%, and Concurrent Computer Corporation (CCUR), down 4.5%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $42.57 billion and is part of the technology sector. The company has a P/E ratio of 8.2, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 16.2% year to date as of the close of trading on Friday. Currently there are six analysts that rate Hewlett-Packard a buy, six analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

• You can view the full Hewlett-Packard Ratings Report.

On the positive front, Mitek Systems (MITK), up 13.9%, Lantronix (LTRX), up 8.8%, MTS Medication Technologies (MTSI), up 8.2%, and Finisar Corporation (FNSR), up 5.7%, were all gainers within the computer hardware industry with Dell (DELL) being today's featured computer hardware industry winner.

• Use our computer hardware section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the computer hardware industry could consider ProShares Ultra Short Semiconductor (SSG).

• Find other investment ideas from our top rated ETFs lists.

For more information on Hewlett-Packard Co click any of the following:

• Hewlett-Packard Co Stock Price

• Hewlett-Packard Co Analyst Ratings

• Hewlett-Packard Co Key Stats & Profile

• Hewlett-Packard Co Earnings

• Hewlett-Packard Co Ratio Comparison

• Hewlett-Packard Co Growth Rates

• Hewlett-Packard Co Balance Sheet

• Hewlett-Packard Co Cash Flow

• Hewlett-Packard Co Income Statement