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HP Inc. (HPQ)

NYSE - NYSE Delayed price. Currency in USD
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28.60+0.32 (+1.13%)
At close: 4:03PM EDT
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  • G
    Greg M.
    Selling at about 1/2 of annual sales!! Totally undervalued! Just a matter of time before this gets to a realistic valuation.
  • C
    Carl
    I imagine HPQ has been buying back shares at these depressed prices. Beating earnings is easy when you keep reducing the number of shares outstanding. Buybacks also save on the dividends that would have to be paid out.
  • n
    nispel
    (http://Thetraderguide.com) is a must for any trader. Their watchlist which covers pre-market movers is one of the best researched in the industry. I don’t start trading without reading their daily email each morning!
  • G
    Gordo
    Going higher next week... $31
  • D
    Darr
    Huge win for HPQ and HPE in CA denial of appeal from Oracle. I believe verdict also included damages of $1M per day for years now. Total obligation could be over $4B,
    Here is link:

    https://www.reuters.com/legal/transactional/oracle-loses-bid-upend-hps-3-billion-win-2021-06-14/
  • B
    Buckaroo Banzai
    https://www.therecycler.com/posts/analyst-speculates-hp-xerox-back-on-the-table/

    Then last Friday Toni Sacconaghi an analyst at Berstein put forward the idea that HP should buy Xerox. floated the idea in a research note Friday. According to Barron’s, Sacconaghi commented that since the Xerox – HP deal fell through the Xerox market capitalisation has been cut in half, while HP’s market value has increased 34% and there is now “compelling” logic in an HP acquisition of Xerox.

    More than that, he set out how the deal could be structured. HP could buy Xerox at a 30% premium for $5 billion in debt. This would add less $250 million in HP’s annual interest costs but would generate $500 million to $600 million in free cash flow from Xerox. Adding up to $1.10 a share in profits to HP by 2024.

    In June this year at a recent Bernstein conference HP CEO Enrique Lores said “we continue to believe that in the contractual office space, there will be a consolidation going forward, and this is going to be a value creation activity. We think that there are too many competitors. And by combining companies, there will be an opportunity of driving savings, and this will create value.”

    Lores also envisaged that the market is “going to be smaller than what it was before. How much smaller is something that today is difficult to predict.”
  • B
    Buckaroo Banzai
    Very high volume this morning and down over 3% as of this writing. XRX offer coming? Earnings warning?
  • E
    El Crapo
    It's running today headed right in the direction of it's TARGET Price.
  • m
    my2ndwave
    just want to take a note to remember on 09/30/21, MS downgraded HPQ to neutral, PPS from $35 to $30.
  • B
    Businessplaya
    just found this. why is the company so cheap at the moment?
  • a
    amini
    HP Inc.
    Everyone here talking about buying puts = rebound imminent $HPQ $VENA
  • a
    almlk
    I want it UP to $34's, NOT Below $28. Please help.
  • L
    Lazerator
    We should hear something about the Oracle lawsuit on 10/5. Companies have to file an 8K within 4 days of a material event and Oracle lost a bid for appeal to the California Supreme Court regarding a $3B verdict against them by HPE/HPQ. The $4.5B (including accrued interest) would be split between the two companies equally since the lawsuit was filed when they were one company.
  • S
    Steve
    Their current position is the gold standard. This would be up $1.50 today if the market wasn't retreating. With the new product line and Windows 11 coming, this will double within 180 days. Mark my post.
  • E
    El Crapo
    This baby is headed back over $30 again soon even with no Xerox deal.
  • E
    El Crapo
    Running today right towards it's TARGET Price.
  • S
    Steve
    My HP Elite Dragonfly Notebook PC is so awesome, looking forward to Windows 11. PC, laptop, and printer demand have never been higher. HP should be in the mid $30's and will jump once the sales are disclosed.
  • C
    Coolmask
    buy under $20
  • C
    Carl
    Well, HPQ should be buying back shares now as the price has dropped significantly. Have to look at the positives.
  • C
    Cornerlot
    Hello..... Anybody here?