The computer hardware industry closed the day up 0.3%. Dataram Corporation ( DRAM), OCZ Technology Group Inc ( OCZ), Imation Corporation ( IMN), and Logitech International S.A ( LOGI) were all decliners today within the computer hardware industry with Hewlett-Packard ( HPQ) being today's featured computer hardware loser. Hewlett-Packard fell 24 cents (-0.9%) to $25.63 on light volume. Throughout the day, 15.4 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 29.8 million shares. Hewlett-Packard Company offers various 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 $51.5 billion and is part of the technology sector. The company has a P/E ratio of 6.1, 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 38.6% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Hewlett-Packard Ratings Report.
- Use our computer hardware section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.