Is HP Stock a Good Investment?

HP Investment Advice

  HPQ
To provide specific investment advice or recommendations on HP Inc stock, we recommend investors consider the following general factors when evaluating HP Inc. This will help you to make an informed decision on whether to include HP in one of your diversified portfolios:
  • Examine HP's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research HP's leadership team and their track record. Good management can help HP navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact HP's business and its evolving consumer preferences.
  • Compare HP's performance and market position to its competitors. Analyze how HP is positioned in terms of product offerings, innovation, and market share.
  • Check if HP pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about HP's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in HP Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if HP Inc is a good investment.
 
Sell
 
Buy
Buy
Our trade advice module can be used to complement HP Inc advice provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at this moment. To make sure HP Inc is not overpriced, please check out all HP Inc fundamentals, including its shares owned by institutions, total debt, beta, as well as the relationship between the gross profit and short ratio . Given that HP Inc has a price to sales of 0.53 X, we strongly advise you to confirm HP market performance and probability of bankruptcy to ensure the company can sustain itself this quarter and beyond given your latest risk tolerance and investing horizon.

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine HP Stock

Researching HP's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 79.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 12th of June 2024. HP Inc had 2202:1000 split on the 2nd of November 2015.
To determine if HP is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding HP's research are outlined below:
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 79.0% of HP shares are owned by institutional investors
On 3rd of April 2024 HP paid $ 0.2756 per share dividend to its current shareholders
Latest headline from gurufocus.com: Warren Buffett Adjusts Portfolio Major Reduction in Apple Inc Shares

HP Quarterly Cash And Short Term Investments

2.26 Billion

HP uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in HP Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to HP's 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
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. Below are the table of largest EPS Surprises HP's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-08-19
2003-07-310.260.23-0.0311 
2001-05-16
2001-04-300.150.180.0320 
1996-08-15
1996-07-310.230.2-0.0313 
2004-11-16
2004-10-310.370.410.0410 
1997-08-18
1997-07-310.330.29-0.0412 
2006-08-16
2006-07-310.470.520.0510 
2006-05-16
2006-04-300.490.540.0510 
2005-11-17
2005-10-310.460.510.0510 

Know HP's Top 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 Corp2023-12-31
10.2 M
Pacer Advisors, Inc.2023-12-31
9.5 M
Legal & General Group Plc2023-12-31
9.4 M
Dimensional Fund Advisors, Inc.2023-12-31
9.4 M
Nuveen Asset Management, Llc2023-12-31
9.4 M
Amvescap Plc.2023-12-31
8.8 M
Bank Of New York Mellon Corp2023-12-31
8.4 M
Arrowstreet Capital Limited Partnership2023-12-31
7.4 M
Deutsche Bank Ag2023-12-31
7.1 M
Vanguard Group Inc2023-12-31
117.7 M
Blackrock Inc2023-12-31
96.7 M
Note, although HP's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

HP's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 30.4 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.

Market Cap

7.07 Billion

HP's profitablity analysis

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.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.10  0.07 
Return On Capital Employed 0.25  0.18 
Return On Assets 0.10  0.08 
Return On Equity(3.51)(3.33)
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.
Determining HP's profitability involves analyzing its financial statements and using various financial metrics to determine if HP is a good buy. For example, gross profit margin measures HP's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of HP's profitability and make more informed investment decisions.

HP's Earnings Breakdown by Geography

The data published in HP's official financial statements usually reflect HP's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of HP Inc. For example, before you start analyzing numbers published by HP accountants, it's critical to develop an understanding of what HP's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of HP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HP's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in HP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of HP Inc. Please utilize our Beneish M Score to check the likelihood of HP's management manipulating its earnings.

Evaluate HP's 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 05/18/2024, Return On Tangible Assets is likely to drop to 0.07. In addition to that, Return On Capital Employed is likely to drop to 0.18. At this time, HP's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 05/18/2024, 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 ReportedProjected for Next Year
Book Value Per Share(0.97)(0.92)
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(13.05)(12.39)
Enterprise Value Over EBITDA 4.99  3.04 
Price Book Value Ratio(28.10)(26.69)
Enterprise Value Multiple 4.99  3.04 
Price Fair Value(28.10)(26.69)
Enterprise Value26.6 B27.9 B
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
0.0355
Forward Dividend Yield
0.0355
Forward Dividend Rate
1.1
Beta
1.071

Basic technical analysis of HP Stock

As of the 18th of May 2024, HP owns the Market Risk Adjusted Performance of 0.1331, semi deviation of 1.16, and Standard Deviation of 1.39. 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 31.19 per share. Given that HP Inc has jensen alpha of 0.0399, we strongly advise you to confirm HP's latest market performance to make sure the company can sustain itself sooner or later.

HP's 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.

HP's Outstanding Corporate 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.

Understand HP's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing HP's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider HP's intraday 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

8K
25th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
24th of April 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
26th of March 2024
Other Reports
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
HP time-series forecasting models is one of many HP's stock analysis techniques aimed to predict 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.

HP Stock media impact

Far too much social signal, news, headlines, and media speculation about HP that are available to investors today. That information is available publicly through HP media outlets and privately through word of mouth or via HP internal channels. However, regardless of the origin, that massive amount of HP data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of HP news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of HP relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to HP's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive HP alpha.

HP Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards HP can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

HP Inc Historical Investor Sentiment

Investor biases related to HP's public news can be used to forecast risks associated with an investment in HP. The trend in average sentiment can be used to explain how an investor holding HP can time the market purely based on public headlines and social activities around HP Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
HP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HP and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average HP news discussions. The higher the estimate score, the more favorable the investor's outlook on HP.

HP Maximum Pain Price across 2024-05-24 Option Contracts

HP's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of HP close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of HP's options.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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HP Corporate Directors

HP corporate directors refer to members of a HP board of directors. The board of directors generally takes responsibility for the HP's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of HP's board members must vote for the resolution. The HP board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stacey MobleyIndependent DirectorProfile
Stacy BrownPhilpotIndependent DirectorProfile
Robert BennettIndependent DirectorProfile
Mary CitrinoIndependent DirectorProfile

How to buy HP Stock?

To provide specific investment advice or recommendations on HP Inc stock, we recommend investors consider the following general factors when evaluating HP Inc. This will help you to make an informed decision on whether to include HP in one of your diversified portfolios:
  • Examine HP's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research HP's leadership team and their track record. Good management can help HP navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact HP's business and its evolving consumer preferences.
  • Compare HP's performance and market position to its competitors. Analyze how HP is positioned in terms of product offerings, innovation, and market share.
  • Check if HP pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about HP's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in HP Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if HP Inc is a good investment.

Already Invested in HP Inc?

The danger of trading HP Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HP Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HP Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Hp Inc Stock:
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.
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.
In summary, please note that there is a difference between HP's value and its price, as these two are different measures arrived at by various 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.