| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
HPQ Stock Overview
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 Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.85 |
| 52 Week High | US$41.47 |
| 52 Week Low | US$26.11 |
| Beta | 0.93 |
| 1 Month Change | -4.11% |
| 3 Month Change | 1.18% |
| 1 Year Change | 15.88% |
| 3 Year Change | 91.93% |
| 5 Year Change | 93.85% |
| Change since IPO | 497.06% |
Recent News & Updates
Income Investors Should Consider HP Inc.
HPQ has substantially outperformed over the past year. The company has enjoyed a pandemic-driven earnings growth surge. The Wall Street consensus outlook is neutral and indicates that the shares are slightly overpriced. The market-implied outlook (calculated from options prices) is also neutral. Selling covered calls can provide high income.
HP Inc.'s (NYSE:HPQ) Intrinsic Value Is Potentially 48% Above Its Share Price
In this article we are going to estimate the intrinsic value of HP Inc. ( NYSE:HPQ ) by taking the forecast future cash...
At US$36.63, Is It Time To Put HP Inc. (NYSE:HPQ) On Your Watch List?
HP Inc. ( NYSE:HPQ ) received a lot of attention from a substantial price movement on the NYSE over the last few...
Shareholder Returns
| HPQ | US Tech | US Market | |
|---|---|---|---|
| 7D | 2.8% | -3.6% | 0.5% |
| 1Y | 15.9% | 11.7% | -11.5% |
Return vs Industry: HPQ underperformed the US Tech industry which returned 18.1% over the past year.
Return vs Market: HPQ exceeded the US Market which returned -8.1% over the past year.
Price Volatility
| HPQ volatility | |
|---|---|
| HPQ Average Weekly Movement | 7.6% |
| Tech Industry Average Movement | 8.9% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HPQ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HPQ's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1939 | 51,000 | Enrique Lores | https://www.hp.com |
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. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and peripherals, software, support, and services.
HP Fundamentals Summary
| HPQ fundamental statistics | |
|---|---|
| Market Cap | US$41.73b |
| Earnings (TTM) | US$6.52b |
| Revenue (TTM) | US$64.87b |
6.0x
P/E Ratio0.6x
P/S RatioIs HPQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HPQ income statement (TTM) | |
|---|---|
| Revenue | US$64.87b |
| Cost of Revenue | US$51.39b |
| Gross Profit | US$13.48b |
| Other Expenses | US$6.96b |
| Earnings | US$6.52b |
Last Reported Earnings
Jan 31, 2022
Next Earnings Date
May 31, 2022
| Earnings per share (EPS) | 6.19 |
| Gross Margin | 20.78% |
| Net Profit Margin | 10.05% |
| Debt/Equity Ratio | -304.4% |
How did HPQ perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield15%
Payout RatioValuation
Is HP undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
34.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HPQ ($36.85) is trading below our estimate of fair value ($55.85)
Significantly Below Fair Value: HPQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HPQ is good value based on its PE Ratio (6x) compared to the US Tech industry average (15.8x).
PE vs Market: HPQ is good value based on its PE Ratio (6x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: HPQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HPQ has negative assets, so we can't compare its PB Ratio to the US Tech industry average.
Future Growth
How is HP forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-12.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HPQ's earnings are forecast to decline over the next 3 years (-12.4% per year).
Earnings vs Market: HPQ's earnings are forecast to decline over the next 3 years (-12.4% per year).
High Growth Earnings: HPQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HPQ's revenue (0.7% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: HPQ's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HPQ's Return on Equity is forecast to be high in 3 years time
Past Performance
How has HP performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
9.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HPQ has a large one-off gain of $2.0B impacting its January 31 2022 financial results.
Growing Profit Margin: HPQ's current net profit margins (10.1%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: HPQ's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: HPQ's earnings growth over the past year (101.6%) exceeds its 5-year average (9.3% per year).
Earnings vs Industry: HPQ earnings growth over the past year (101.6%) exceeded the Tech industry 70.6%.
Return on Equity
High ROE: HPQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is HP's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HPQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HPQ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HPQ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HPQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HPQ's debt is well covered by operating cash flow (99.4%).
Interest Coverage: HPQ's interest payments on its debt are well covered by EBIT (26.3x coverage).
Balance Sheet
Dividend
What is HP current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HPQ's dividend (2.71%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: HPQ's dividend (2.71%) is low compared to the top 25% of dividend payers in the US market (3.97%).
Stability and Growth of Payments
Stable Dividend: HPQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: HPQ's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.8%), HPQ's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.7%), HPQ's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Enrique Lores (55 yo)
2.5yrs
Tenure
US$20,733,806
Compensation
Mr. Enrique J. Lores has been President, Chief Executive Officer and Director of HP Inc since November 1, 2019. He serves as an Independent Director of PayPal Holdings, Inc., since June 29, 2021. Mr. Lores...
CEO Compensation Analysis
Compensation vs Market: Enrique's total compensation ($USD20.73M) is above average for companies of similar size in the US market ($USD13.27M).
Compensation vs Earnings: Enrique's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HPQ's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: HPQ's board of directors are considered experienced (6.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HPQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
HP Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: HP Inc.
- Ticker: HPQ
- Exchange: NYSE
- Founded: 1939
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: US$41.734b
- Shares outstanding: 1.05b
- Website: https://www.hp.com
Number of Employees
Location
- HP Inc.
- 1501 Page Mill Road
- Palo Alto
- California
- 94304
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/18 00:00 |
| End of Day Share Price | 2022/05/18 00:00 |
| Earnings | 2022/01/31 |
| Annual Earnings | 2021/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.