Dow Today: Hewlett-Packard (HPQ) Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading up 13 points at 13,137 as of Tuesday, Aug 28, 2012, 10:35 a.m. ET. During this time, 110.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 621.4 million. The NYSE advances/declines ratio sits at 1,732 issues advancing vs. 1,005 declining with 180 unchanged.

Holding back the Dow today is Hewlett-Packard (NYSE: HPQ), which is lagging the broader Dow index with a 10-cent decline (-0.6%) bringing the stock to $17.11. Volume for Hewlett-Packard currently sits at seven million shares traded vs. an average daily trading volume of 19.7 million shares.

Hewlett-Packard has a market cap of $34.66 billion and is part of the technology sector and computer hardware industry. Shares are down 33.2% year to date as of Monday's close. The stock's dividend yield sits at 3%.

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. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself.
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