Hp Inc Stock Buy Hold or Sell Recommendation
| HPQ Stock | USD 27.67 0.03 0.11% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding HP Inc is 'Cautious Hold'. Macroaxis provides HP buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HP positions. The advice algorithm takes into account all of HP's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting HP's buy or sell advice are summarized below:
Real Value 28.43 | Hype Value 27.67 | Market Value 27.67 | Naive Value 27.58 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell HP Inc given historical horizon and risk tolerance towards HP. When Macroaxis issues a 'buy' or 'sell' recommendation for HP Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
HP |
Execute HP Buy or Sell Advice
The HP recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on HP Inc. Macroaxis does not own or have any residual interests in HP Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute HP's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
HP Trading Alerts and Improvement Suggestions
| HP Inc generated a negative expected return over the last 90 days | |
| The company has 9.48 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. HP Inc has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist HP until it has trouble settling it off, either with new capital or with free cash flow. So, HP's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HP to invest in growth at high rates of return. When we think about HP's use of debt, we should always consider it together with cash and equity. | |
| Over 78.0% of HP shares are owned by institutional investors | |
| On 3rd of April 2024 HP paid $ 0.2756 per share dividend to its current shareholders |
HP Returns Distribution Density
The distribution of HP's historical returns is an attempt to chart the uncertainty of HP's future price movements. The chart of the probability distribution of HP daily returns describes the distribution of returns around its average expected value. We use HP Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of HP returns is essential to provide solid investment advice for HP.
| Mean Return | -0.09 | Value At Risk | -2.39 | Potential Upside | 1.81 | Standard Deviation | 1.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of HP historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
HP Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to HP or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that HP's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a HP stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | -0.14 |
HP Volatility Alert
HP Inc exhibits very low volatility with skewness of 0.28 and kurtosis of 1.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure HP's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact HP's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.HP Fundamentals Vs Peers
Comparing HP's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze HP's direct or indirect competition across all of the common fundamentals between HP and the related equities. This way, we can detect undervalued stocks with similar characteristics as HP or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of HP's fundamental indicators could also be used in its relative valuation, which is a method of valuing HP by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare HP to competition |
| Fundamentals | HP | Peer Average |
| Return On Asset | 0.0756 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 35.65 B | 16.62 B |
| Shares Outstanding | 978.48 M | 571.82 M |
| Shares Owned By Insiders | 2.52 % | 10.09 % |
| Shares Owned By Institutions | 77.75 % | 39.21 % |
| Number Of Shares Shorted | 19.18 M | 4.71 M |
| Price To Earning | 9.89 X | 28.72 X |
| Price To Sales | 0.53 X | 11.42 X |
| Revenue | 53.72 B | 9.43 B |
| Gross Profit | 11.51 B | 27.38 B |
| EBITDA | 5.84 B | 3.9 B |
| Net Income | 3.26 B | 570.98 M |
| Cash And Equivalents | 3.15 B | 2.7 B |
| Cash Per Share | 3.15 X | 5.01 X |
| Total Debt | 9.48 B | 5.32 B |
| Debt To Equity | 0.88 % | 48.70 % |
| Current Ratio | 0.76 X | 2.16 X |
| Book Value Per Share | (1.67) X | 1.93 K |
| Cash Flow From Operations | 3.57 B | 971.22 M |
| Short Ratio | 1.93 X | 4.00 X |
| Earnings Per Share | 3.41 X | 3.12 X |
| Price To Earnings To Growth | 8.51 X | 4.89 X |
| Target Price | 29.95 | |
| Number Of Employees | 58 K | 18.84 K |
| Beta | 1.06 | -0.15 |
| Market Capitalization | 27.07 B | 19.03 B |
| Total Asset | 37 B | 29.47 B |
| Retained Earnings | (2.36 B) | 9.33 B |
| Working Capital | (6.51 B) | 1.48 B |
| Current Asset | 18.47 B | 9.34 B |
| Current Liabilities | 18.81 B | 7.9 B |
Note: Disposition of 9188 shares by Julie Jacobs of HP at 29.41 subject to Rule 16b-3 [view details]
HP Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as HP . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About HP Buy or Sell Advice
When is the right time to buy or sell HP Inc? Buying financial instruments such as HP Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having HP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.
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Check out HP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for HP Stock analysis
When running HP's price analysis, check to measure HP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.
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Is HP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HP. If investors know HP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of HP Inc is measured differently than its book value, which is the value of HP that is recorded on the company's balance sheet. Investors also form their own opinion of HP's value that differs from its market value or its book value, called intrinsic value, which is HP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HP's market value can be influenced by many factors that don't directly affect HP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HP's value and its price as these two are different measures arrived at by different means. Investors typically determine if HP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.