Analysts See $0.48 EPS for HP Inc. (HPQ)

May 10, 2018 - By Stephen Andrade

HP Inc. (NYSE:HPQ) LogoInvestors sentiment increased to 1.63 in 2017 Q4. Its up 1.25, from 0.38 in 2017Q3. It increased, as 3 investors sold HP Inc. shares while 5 reduced holdings. 7 funds opened positions while 6 raised stakes. 1.73 million shares or 59.43% more from 1.08 million shares in 2017Q3 were reported.
Gemmer Asset Management stated it has 2,295 shares. Altfest L J & Inc has 0.13% invested in HP Inc. (NYSE:HPQ) for 15,707 shares. 9,970 were accumulated by Smithbridge Asset Mngmt De. Eqis Cap owns 109,639 shares. Alphamark Advsr Ltd Liability Co owns 513 shares or 0% of their US portfolio. 528,899 were reported by Gulf Intll Natl Bank (Uk) Ltd. Balasa Dinverno Foltz Ltd Company reported 59,520 shares. Prudential Public Ltd Company holds 0% in HP Inc. (NYSE:HPQ) or 20,900 shares. Grassi Inv Management invested 0.34% in HP Inc. (NYSE:HPQ). 800 were accumulated by American Mngmt. Capital Lc stated it has 0.02% in HP Inc. (NYSE:HPQ). Vantage Invest Advsrs Limited Liability invested 0% of its portfolio in HP Inc. (NYSE:HPQ). Parametric Port Assocs Limited Liability Co holds 0.01% or 475,000 shares in its portfolio. West Oak Ltd Company holds 0.05% in HP Inc. (NYSE:HPQ) or 4,196 shares. Greenwich Wealth Mngmt Ltd Liability holds 0.5% or 142,063 shares.

Since December 9, 2017, it had 0 insider purchases, and 7 sales for $21.23 million activity. LORES ENRIQUE sold $7.06 million worth of HP Inc. (NYSE:HPQ) on Wednesday, January 17. COUGHLIN RON had sold 15,000 shares worth $337,500 on Friday, January 12. Another trade for 14,635 shares valued at $308,458 was made by Rivera Kim M on Saturday, December 9. FLAXMAN JON E sold 207,806 shares worth $4.48M.

Analysts expect HP Inc. (NYSE:HPQ) to report $0.48 EPS on May, 23.They anticipate $0.08 EPS change or 20.00 % from last quarter’s $0.4 EPS. HPQ’s profit would be $787.85M giving it 11.76 P/E if the $0.48 EPS is correct. After having $0.48 EPS previously, HP Inc.’s analysts see 0.00 % EPS growth. The stock increased 2.82% or $0.62 during the last trading session, reaching $22.58. About 6.29 million shares traded. HP Inc. (NYSE:HPQ) has risen 26.57% since May 10, 2017 and is uptrending. It has outperformed by 15.02% the S&P500.

HP Inc. (NYSE:HPQ) Ratings Coverage

Among 15 analysts covering HP Inc (NYSE:HPQ), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. HP Inc had 19 analyst reports since November 14, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, November 22 by RBC Capital Markets. JP Morgan upgraded the stock to “Overweight” rating in Monday, February 26 report. The stock of HP Inc. (NYSE:HPQ) earned “Buy” rating by UBS on Tuesday, January 16. The stock of HP Inc. (NYSE:HPQ) has “Hold” rating given on Thursday, February 1 by Mizuho. The rating was maintained by Bernstein with “Buy” on Wednesday, November 22. The stock of HP Inc. (NYSE:HPQ) has “Hold” rating given on Friday, February 23 by Susquehanna. Maxim Group maintained the stock with “Hold” rating in Friday, February 23 report. The company was maintained on Wednesday, November 22 by Deutsche Bank. The rating was maintained by UBS with “Buy” on Friday, February 23. Morgan Stanley downgraded HP Inc. (NYSE:HPQ) on Tuesday, January 23 to “Equal-Weight” rating.

HP Inc. provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including clients in the government, health, and education sectors worldwide. The company has market cap of $37.06 billion. It operates through Personal Systems and Printing divisions. It has a 9.94 P/E ratio. The Personal Systems segment offers commercial personal computers , consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.

More recent HP Inc. (NYSE:HPQ) news were published by: Seekingalpha.com which released: “Does A Hewlett-Packard/Xerox Combination Make Sense?” on May 03, 2018. Also Bizjournals.com published the news titled: “Charles Schwab opens up about how his struggles with dyslexia shaped him as a CEO (Video)” on May 08, 2018. Seekingalpha.com‘s news article titled: “HP Inc.: PC Data Foreshadows Another Strong Quarter” with publication date: April 15, 2018 was also an interesting one.

HP Inc. (NYSE:HPQ) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: