Is HP Stock a Good Investment?
HP Investment Advice | HPQ |
- 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 |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 11th of September 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:
| HP Inc 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. Note however, debt could still be an excellent tool for HP to invest in growth at high rates of return. | |
| Over 79.0% of HP shares are owned by institutional investors | |
| On 3rd of July 2024 HP paid $ 0.2756 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: GDPR Training Course Compliance, Current Hot Topics and Focus on DSARs |
HP Quarterly Cash And Short Term Investments |
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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 | 2003-07-31 | 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 | ||
2004-11-16 | 2004-10-31 | 0.37 | 0.41 | 0.04 | 10 | ||
1997-08-18 | 1997-07-31 | 0.33 | 0.29 | -0.04 | 12 | ||
2006-08-16 | 2006-07-31 | 0.47 | 0.52 | 0.05 | 10 | ||
2006-05-16 | 2006-04-30 | 0.49 | 0.54 | 0.05 | 10 | ||
2005-11-17 | 2005-10-31 | 0.46 | 0.51 | 0.05 | 10 |
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 | Arrowstreet Capital Limited Partnership | 2024-03-31 | 10.7 M | Northern Trust Corp | 2024-03-31 | 9.8 M | Legal & General Group Plc | 2024-03-31 | 9.6 M | Pacer Advisors, Inc. | 2023-12-31 | 9.5 M | Nuveen Asset Management, Llc | 2024-03-31 | 9.5 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 9.5 M | Amundi | 2024-03-31 | 9 M | Bank Of New York Mellon Corp | 2024-03-31 | 8.1 M | Royal Bank Of Canada | 2024-03-31 | 6.6 M | Vanguard Group Inc | 2024-03-31 | 120.8 M | Blackrock Inc | 2024-03-31 | 97.3 M |
HP's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 35.47 B.Market Cap |
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HP's profitablity analysis
| Last Reported | Projected 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) |
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 typically reflect HP's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving HP's quantitative information. For example, before you start analyzing numbers published by HP accountants, it's essential to understand HP's liquidity, profitability, and earnings quality within the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, 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. Check HP's Beneish M Score to see the likelihood of HP's management manipulating its earnings.
Evaluate HP's management efficiency
HP Inc has Return on Asset of 0.0726 % which means that on every $100 spent on assets, it made $0.0726 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 07/27/2024, 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 07/27/2024, 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 Next Year | ||
| Book Value Per Share | (0.97) | (0.92) | |
| 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 Value | 26.6 B | 27.9 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 0.0304 | Forward Dividend Yield 0.0304 | Forward Dividend Rate 1.1 | Beta 1.106 |
Basic technical analysis of HP Stock
As of the 27th of July, HP owns the Standard Deviation of 2.59, semi deviation of 1.34, and Market Risk Adjusted Performance of (2.67). 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.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.
Robert Bennett over three months ago Acquisition by Robert Bennett of 7943 shares of HP subject to Rule 16b-3 | ||
Tuan Tran over three months ago Disposition of 80368 shares by Tuan Tran of HP subject to Rule 16b-3 | ||
Youngjohns Robert over six months ago Sale by Youngjohns Robert of 25253 shares of HP | ||
Youngjohns Robert over a year ago Payment of 32216 shares by Youngjohns Robert of HP subject to Rule 16b-3 |
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.
| US40439K1512 Corp BondUS40439K1512 | View | |
| CVS Health Corp Corp BondUS126650DE72 | View | |
| 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 |
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.
| Risk Adjusted Performance | 0.1272 | |||
| Market Risk Adjusted Performance | (2.67) | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 567.38 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.71 | |||
| Information Ratio | 0.1445 | |||
| Jensen Alpha | 0.4585 | |||
| Total Risk Alpha | 0.1714 | |||
| Sortino Ratio | 0.1929 | |||
| Treynor Ratio | (2.68) | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.72 | |||
| Downside Variance | 3.76 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.47) | |||
| Skewness | 3.8 | |||
| Kurtosis | 25.41 |
| Risk Adjusted Performance | 0.1272 | |||
| Market Risk Adjusted Performance | (2.67) | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 567.38 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.71 | |||
| Information Ratio | 0.1445 | |||
| Jensen Alpha | 0.4585 | |||
| Total Risk Alpha | 0.1714 | |||
| Sortino Ratio | 0.1929 | |||
| Treynor Ratio | (2.68) | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.72 | |||
| Downside Variance | 3.76 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.47) | |||
| Skewness | 3.8 | |||
| Kurtosis | 25.41 |
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.
| Accumulation Distribution | 109245.0 | |||
| Daily Balance Of Power | 0.1636 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 36.48 | |||
| Day Typical Price | 36.43 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | 0.09 |
HP Corporate Filings
F4 | 16th of July 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 |
8K | 26th of June 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 18th of June 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 6th of June 2024 Other Reports | ViewVerify |
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 2024-08-02 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.
HP Corporate Directors
| Stacey Mobley | Independent Director | Profile | |
| Stacy BrownPhilpot | Independent Director | Profile | |
| Robert Bennett | Independent Director | Profile | |
| Mary Citrino | Independent Director | Profile |
Additional 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.