First Time Loading...

HP Inc
NYSE:HPQ

Watchlist Manager
HP Inc Logo
HP Inc
NYSE:HPQ
Watchlist
Price: 29.94 USD -1.58% Market Closed
Updated: Mar 19, 2024

Intrinsic Value

HP, Inc. engages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. [ Read More ]

The intrinsic value of one HPQ stock under the Base Case scenario is 47.58 USD. Compared to the current market price of 29.94 USD, HP Inc is Undervalued by 37%.

Key Points:
HPQ Intrinsic Value
Base Case
47.58 USD
Undervaluation 37%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
HP Inc

Backtest HPQ Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling HPQ stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

HP Earnings Reflect Resilience Amid Challenges
2024-Q1 Earnings Call

HP Earnings Reflect Resilience Amid Challenges

HP Inc. reported a 4% nominal revenue decline to $13.2 billion, with a 5% drop in constant currency. This was due to weaker performance across all regions, with the Americas, EMEA, and APJ (affected by China) down 7%, 2%, and 7% respectively. Despite the revenue dip, gross margin improved to 21.9%, up 1.7 percentage points year-over-year, fueled by better cost management, albeit challenged by competitive pricing. Non-GAAP operating profit rose 5%, with a robust non-GAAP EPS increase of 11% to $0.81, exceeding expectations of stabilizing trends. The company aims to realign with its future-ready plan, targeting structural cost savings and reinvesting in growth. HP plans to return its full FY '24 free cash flow to shareholders, signaling strong capital return discipline, even as it navigates a competitive landscape. Reflecting a broad range of outcomes in a volatile market, the outlook for FY '24 non-GAAP EPS is set between $3.25 to $3.65, with GAAP EPS estimated at $2.61 to $3.01.

Financials

Balance Sheet Decomposition
HP Inc

Current Assets 16.9B
Cash & Short-Term Investments 2.4B
Receivables 6.1B
Other Current Assets 8.3B
Non-Current Assets 19B
PP&E 4B
Intangibles 10.1B
Other Non-Current Assets 4.9B
Current Liabilities 23.9B
Accounts Payable 13.3B
Accrued Liabilities 5.7B
Short-Term Debt 166m
Other Current Liabilities 4.8B
Non-Current Liabilities 13.6B
Long-Term Debt 9.3B
Other Non-Current Liabilities 4.3B
Efficiency

Earnings Waterfall
HP Inc

Revenue
53.1B USD
Cost of Revenue
-41.5B USD
Gross Profit
11.6B USD
Operating Expenses
-7.3B USD
Operating Income
4.3B USD
Other Expenses
-860m USD
Net Income
3.4B USD

Free Cash Flow Analysis
HP Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

HPQ Profitability Score
Profitability Due Diligence

HP Inc's profitability score is 44/100. The higher the profitability score, the more profitable the company is.

Positive 3-Year Average ROIC
Positive Free Cash Flow
Positive ROIC
Positive Gross Profit
44/100
Profitability
Score

HP Inc's profitability score is 44/100. The higher the profitability score, the more profitable the company is.

HPQ Solvency Score
Solvency Due Diligence

HP Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
Short-Term Solvency
Average Altman Z-Score
49/100
Solvency
Score

HP Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

HPQ Price Targets Summary
HP Inc

Wall Street analysts forecast HPQ stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HPQ is 32.48 USD with a low forecast of 24.24 USD and a high forecast of 42 USD.

Lowest
Price Target
24.24 USD
19% Downside
Average
Price Target
32.48 USD
8% Upside
Highest
Price Target
42 USD
40% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

HPQ Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

HPQ Price
HP Inc

1M 1M
+5%
6M 6M
+9%
1Y 1Y
+6%
3Y 3Y
+6%
5Y 5Y
+70%
10Y 10Y
+172%
Annual Price Range
29.94
52w Low
25.57
52w High
33.56
Price Metrics
Average Annual Return 15.34%
Standard Deviation of Annual Returns 36.96%
Max Drawdown -43%
Shares Statistics
Market Capitalization 29.3B USD
Shares Outstanding 978 481 024
Percentage of Shares Shorted 1.73%

HPQ Return Decomposition
Main factors of price return

What is price return decomposition?

HPQ News

Other Videos

Last Important Events
HP Inc

Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.

All
Positive
Negative

Sentiment Analysis
HP Inc

Today
Last 7 Days 7D
Last 30 Days 30D
Last 90 Days 90D

Company Profile

HP Inc Logo
HP Inc

Country

United States of America

Industry

Technology

Market Cap

29.3B USD

Dividend Yield

3.68%

Description

HP, Inc. engages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. The company is headquartered in Palo Alto, California and currently employs 51,000 full-time employees. Its segments include Personal Systems, Printing and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers (PCs), workstations, thin clients, commercial mobility devices, retail point-of-sale (POS) systems, displays and peripherals, software, support and services. The Printing segment provides consumer and commercial printer hardware, supplies, services and solutions. The Printing segment is also focused on graphics and three-dimensional (3D) imaging solutions in the commercial and industrial markets. The Corporate Investments segment includes HP Labs and certain business incubation and investment projects.

Contact

CALIFORNIA
Palo Alto
1501 Page Mill Rd
+16508571501.0
https://investor.hp.com/

IPO

1961-03-17

Employees

51 000

Officers

CEO, President & Director
Mr. Enrique J. Lores
Chief Legal Officer & General Counsel
Ms. Julie M. Jacobs
President of Personal Systems
Mr. Alexander K. Cho
President of Imaging, Printing & Solutions
Mr. Tuan Tran
Interim Chief Financial Officer
Mr. Timothy J. Brown
VP of Finance & Head of Investor Relations
Ms. Orit Keinan-Nahon
Show More
Chief Marketing & Corporate Affairs Officer
Mr. Antonio J. Lucio
Chief People Officer
Ms. Kristen M. Ludgate
Chief Engineer
Mr. Chandrakant Patel
Global Head of Strategic Legal Matters & Assistant Corporate Secretary
Ruairidh Ross
Show Less

See Also

Discover More
What is the Intrinsic Value of one HPQ stock?

The intrinsic value of one HPQ stock under the Base Case scenario is 47.58 USD.

Is HPQ stock undervalued or overvalued?

Compared to the current market price of 29.94 USD, HP Inc is Undervalued by 37%.