HP Stock Today

HPQ Stock  USD 29.56  0.21  0.71%   
Market Performance
5 of 100
Odds Of Distress
Less than 36
HP is selling at 29.56 as of the 7th of February 2023; that is -0.71 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 29.53. HP has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for HP Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 7th of February 2023. Click here to learn more.
CUSIP
428236103
Fiscal Year End
October
Business Domain
Technology Hardware & Equipment
IPO Date
2nd of January 1962
Category
Technology
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. The company has 982.15 M outstanding shares of which 29.93 M shares are currently shorted by investors with about 4.72 days to cover. More on HP Inc

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Follow Valuation Options Odds of Bankruptcy
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HP Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, HP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HP's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODion Weisler
Excise Tax ActivitiesAnimal Testing
Fama & French Classification
Average Analyst Recommendation
Analysts covering HP report their recommendations after researching HP's financial statements, talking to executives and customers, or listening in on HP's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering HP Inc. The HP consensus assessment is calculated by taking the average forecast from all of the analysts covering HP.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of HP Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of HP Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted1.8 B1.4 B
Significantly Up
Down
Slightly volatile
Weighted Average Shares1.8 B1.4 B
Significantly Up
Down
Slightly volatile
Return on Average Assets17.2315.97
Significantly Up
Up
Slightly volatile
Net Cash Flow from Operations8.3 B7.4 B
Moderately Up
Down
Slightly volatile
Current Liabilities38.1 B33.5 B
Fairly Up
Down
Slightly volatile
Total Liabilities58.7 B46.3 B
Significantly Up
Down
Slightly volatile
Gross Margin25.124.3
Sufficiently Up
Down
Pretty Stable
Total Debt9.3 B6.7 B
Significantly Up
Down
Slightly volatile
Asset Turnover1.361.56
Fairly Down
Up
Slightly volatile
Current Assets34.3 B25.5 B
Significantly Up
Down
Slightly volatile
Total Assets65.9 B44.4 B
Way Up
Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of HP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
HP's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HP's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
HP's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of HP's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HP's financial leverage. It provides some insight into what part of HP's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on HP's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how HP deploys its capital and how much of that capital is borrowed.
Liquidity
HP cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 10.8 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.

Operating Cash Flow

8.34 Billion
HP Inc (HPQ) is traded on New York Stock Exchange in USA and employs 58,000 people. HP is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 29.97 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 Inc runs under Technology Hardware, Storage & Peripherals sector within Information Technology industry. The entity has 982.15 M outstanding shares of which 29.93 M shares are currently shorted by investors with about 4.72 days to cover. HP Inc has about 3.15 B in cash with 4.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.15.
Check HP Probability Of Bankruptcy
Ownership
HP Inc shows a total of 982.15 Million outstanding shares. The majority of HP Inc outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in HP Inc to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in HP Inc. Please pay attention to any change in the institutional holdings of HP as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check HP Ownership Details

HP Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of HP jumping above the current price in 90 days from now is about 14.85%. The HP Inc probability density function shows the probability of HP stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5607. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HP will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. HP Inc is significantly underperforming NYSE Composite.
  Odds Below 29.56HorizonTargetOdds Above 29.56
84.99%90 days
 29.56 
14.85%
Based on a normal probability distribution, the odds of HP to move above the current price in 90 days from now is about 14.85 (This HP Inc probability density function shows the probability of HP Stock to fall within a particular range of prices over 90 days) .

HP Historical Income Statement

HP Inc Income Statement is one of the three primary financial statements used for reporting HP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of HP Inc revenue and expense. HP Income Statement primarily focuses on the company's revenues and expenses during a particular period.
HP Operating Expenses is relatively stable at the moment as compared to the past year. HP reported last year Operating Expenses of 7.3 Billion. As of 02/07/2023, Revenues is likely to grow to about 88.5 B, while Operating Income is likely to drop slightly above 5.8 B. View More Fundamentals

HP Stock Against Markets

Picking the right benchmark for HP stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HP stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HP is critical whether you are bullish or bearish towards HP Inc at a given time.

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.
Carl Bass - DirectorProfile
Robert Bennett - Independent DirectorProfile
Mary Citrino - Independent DirectorProfile
Subra Suresh - Independent DirectorProfile

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 Shape 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.
Please check Risk vs Return Analysis. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running HP Inc 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 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
0.174
Market Capitalization
30 B
Quarterly Revenue Growth
(0.11) 
Return On Assets
0.085
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 HP value 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.