Hp Inc Stock Analysis
HPQ Stock | USD 30.12 0.13 0.43% |
HP Inc is fairly valued with Real Value of 29.09 and Target Price of 28.51. The main objective of HP stock analysis is to determine its intrinsic value, which is an estimate of what HP Inc is worth, separate from its market price. There are two main types of HP's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect HP's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of HP's stock to identify patterns and trends that may indicate its future price movements.
The HP stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. HP is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. HP Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and HP's ongoing operational relationships across important fundamental and technical indicators.
HP |
HP Stock Analysis Notes
About 77.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 12th of March 2024. HP Inc had 2202:1000 split on the 2nd of November 2015. HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. HP Inc. was founded in 19 and is headquartered in Palo Alto, California. Hp operates under Computers Phones And Devices classification in the United States and is traded on New York Stock Exchange. To learn more about HP Inc call Margaret Whitman at (650)-857-1501 or check out https://www.hp.com.HP Quarterly Total Revenue |
|
HP Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. HP's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding HP Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 77.0% of HP shares are owned by institutional investors | |
Latest headline from zacks.com: Dell Technologies Rides on Strong Portfolio, Partner Base |
HP Inc Upcoming and Recent Events
Earnings reports are used by HP to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to HP previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024 Upcoming Quarterly Report | View | |
4th of June 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
19th of November 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of October 2023 Last Financial Announcement | View |
HP Largest EPS Surprises
Earnings surprises can significantly impact HP's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2003-08-19 | 2003-07-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2001-05-16 | 2001-04-30 | 0.15 | 0.18 | 0.03 | 20 | ||
1996-08-15 | 1996-07-31 | 0.23 | 0.2 | -0.03 | 13 |
HP Thematic Classifications
In addition to having HP stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Warren Buffett HoldingsEquities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks | ||
ComputersUSA Equities from Computers industry as classified by Fama & French |
HP Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as HP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading HP Inc backward and forwards among themselves. HP's institutional investor refers to the entity that pools money to purchase HP's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Northern Trust Corp | 2023-12-31 | 10.2 M | Pacer Advisors, Inc. | 2023-12-31 | 9.5 M | Legal & General Group Plc | 2023-12-31 | 9.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 9.4 M | Nuveen Asset Management, Llc | 2023-12-31 | 9.4 M | Amvescap Plc. | 2023-12-31 | 8.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 8.4 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 7.4 M | Deutsche Bank Ag | 2023-12-31 | 7.1 M | Vanguard Group Inc | 2023-12-31 | 117.7 M | Berkshire Hathaway Inc | 2023-09-30 | 102.5 M |
HP Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 29.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HP's market, we take the total number of its shares issued and multiply it by HP's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.HP Profitablity
HP's profitability indicators refer to fundamental financial ratios that showcase HP's ability to generate income relative to its revenue or operating costs. If, let's say, HP is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, HP's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of HP's profitability requires more research than a typical breakdown of HP's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.07 %, which entails that for every 100 dollars of revenue, it generated $0.07 of operating income. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.25 | 0.18 | |
Return On Assets | 0.10 | 0.08 | |
Return On Equity | (3.51) | (3.33) |
Management Efficiency
HP Inc has Return on Asset of 0.0756 % which means that on every $100 spent on assets, it made $0.0756 of profit. This is way below average. HP's management efficiency ratios could be used to measure how well HP manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to drop to 0.18. In addition to that, Return On Assets is likely to drop to 0.08. At this time, HP's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 03/28/2024, Non Current Liabilities Other is likely to grow to about 6.9 B, while Total Current Liabilities is likely to drop slightly above 25 B.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | (28.10) | (26.69) | |
Enterprise Value Multiple | 4.99 | 3.04 | |
Price Fair Value | (28.10) | (26.69) |
The analysis of HP's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze HP's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of HP Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0368 | Forward Dividend Yield 0.0368 | Forward Dividend Rate 1.1 | Beta 1.056 |
Technical Drivers
As of the 28th of March, HP owns the Semi Deviation of 1.18, market risk adjusted performance of 0.0181, and Standard Deviation of 1.32. HP Inc technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for HP, which can be compared to its peers in the sector. Please check out HP Inc standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if HP Inc is priced more or less accurately, providing market reflects its prevailing price of 30.12 per share. Given that HP Inc has jensen alpha of (0.16), we strongly advise you to confirm HP's latest market performance to make sure the company can sustain itself sooner or later.HP Inc Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. HP middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for HP Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
HP Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific HP insiders, such as employees or executives, is commonly permitted as long as it does not rely on HP's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases HP insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Youngjohns Robert over three months ago Sale by Youngjohns Robert of 25253 shares of HP | ||
Youngjohns Robert over six months ago Payment of 32216 shares by Youngjohns Robert of HP subject to Rule 16b-3 |
HP Outstanding Bonds
HP issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. HP Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most HP bonds can be classified according to their maturity, which is the date when HP Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
HPQ 475 15 JAN 28 Corp BondUS40434LAM72 | View | |
HPQ 55 15 JAN 33 Corp BondUS40434LAN55 | View | |
HP INC Corp BondUS40434LAA35 | View | |
HP INC Corp BondUS40434LAB18 | View | |
HP INC Corp BondUS40434LAC90 | View | |
HPQ 145 17 JUN 26 Corp BondUS40434LAF22 | View | |
HPQ 265 17 JUN 31 Corp BondUS40434LAJ44 | View | |
HP 4 percent Corp BondUS40434LAK17 | View |
HP Predictive Daily Indicators
HP intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of HP stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
HP Corporate Filings
26th of March 2024 Other Reports | ViewVerify | |
F4 | 22nd of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 12th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 7th of March 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 4th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
29th of February 2024 Other Reports | ViewVerify | |
8K | 28th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
26th of February 2024 Other Reports | ViewVerify |
HP Forecast Models
HP's time-series forecasting models are one of many HP's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary HP's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About HP Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how HP prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling HP shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as HP. By using and applying HP Stock analysis, traders can create a robust methodology for identifying HP entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.06 | 0.08 | |
Operating Profit Margin | 0.07 | 0.1 | |
Net Profit Margin | 0.07 | 0.06 | |
Gross Profit Margin | 0.25 | 0.35 |
Current HP Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. HP analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. HP analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
28.51 | Buy | 17 | Odds |
Most HP analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand HP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of HP Inc, talking to its executives and customers, or listening to HP conference calls.
HP Stock Analysis Indicators
HP Inc stock analysis indicators help investors evaluate how HP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading HP shares will generate the highest return on investment. By understating and applying HP stock analysis, traders can identify HP position entry and exit signals to maximize returns.
Begin Period Cash Flow | 3.1 B | |
Long Term Debt | 9.3 B | |
Common Stock Shares Outstanding | 1000 M | |
Total Stockholder Equity | -1.1 B | |
Total Cashflows From Investing Activities | -590 M | |
Tax Provision | -326 M | |
Quarterly Earnings Growth Y O Y | 0.319 | |
Property Plant And Equipment Net | 2.8 B | |
Cash And Short Term Investments | 3.2 B | |
Cash | 3.2 B | |
Accounts Payable | 14 B | |
Net Debt | 6.3 B | |
50 Day M A | 29.2844 | |
Total Current Liabilities | 24.5 B | |
Other Operating Expenses | 49.5 B | |
Non Current Assets Total | 19 B | |
Forward Price Earnings | 8.6281 | |
Non Currrent Assets Other | 7.6 B | |
Stock Based Compensation | 438 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
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.
Quarterly Earnings Growth 0.319 | Dividend Share 1.063 | Earnings Share 3.41 | Revenue Per Share 53.452 | Quarterly Revenue Growth (0.04) |
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.