|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.51 - 21.97|
|52-week range||13.77 - 22.08|
|PE ratio (TTM)||15.96|
|Forward Dividend & Yield||0.53 (2.46%)|
|1y target est||N/A|
Shares of HP Inc. rose to their highest level since Feb. of 2011 early Wednesday, after RBC raised earnings estimates and its stock price target to incorporate new company guidance. "We think HPQ's ...
Jim Cramer touched base with HP Inc. President and CEO Dion Weisler, who gave Cramer the latest on his company's 3-D printing projects.
About to close out its best showing in years, the question naturally hanging over HP Inc. is whether the storied tech company can pull off a repeat performance.
Shares of HP Inc. (HPQ) are up 50 cents, or 2.5%, at $20.90, after the company yesterday afternoon held its analyst day event with the Street, and unveiled a profit outlook for the fiscal year ending in October of next year that was better than expected. The company sees earnings per share this year of $1.74 to $1.84, which, at the mid-point, is above the average estimate for $1.76, on a non-GAAP basis. CFO Cathie Lesjak told me in an interview by phone she was departing from her usual conservative tone, and said “We should be cheering,” adding “we’re performing really well." Calling the fiscal year just ended a “tremendous year,” chief executive Dion Weisler said the company is now more about growth than in past. “Given the progress we’ve made, the credibility we’ve established,” said Weisler, “we have that permission to make that pivot more strongly into growth, and into the future." Weisler told me he was most pleased about the fact that the company is “converting ideas into real businesses,” with a revamped R&D project that is evaluating “skunkworks” in the labs more quickly, giving the green light to some technologies and nixing others.
Among the companies with shares expected to trade actively in Friday's session are Bank of America Corp., Wells Fargo & Company, Amazon.com Inc., HP Inc., Netflix Inc., Tesla Inc. and McDonald's Corp.
HP Inc.'s (HPQ) efforts to revive printing business have been commendable. The favorable forecasts of fiscal 2018 along with HP's effort to boost earnings, raises investors' confidence.
HP Inc. late Thursday sees 2018 earnings largely above Wall Street estimates. Shares of the PC-and-printer maker rose in extended trading.
HP Inc. expects 2018 to be another good year, with profit projections beating Wall Street expectations, and it’s pledging to continue to return most of its cash to shareholders.
The downward trend in the PC industry persisted in 3Q, as elevated component costs have been flaring up PC prices, in turn, impacting the overall demand.
Shares of HP Inc. (HPQ) are down 7 cents at $20.50, in late trading, despite having the strongest showing of any PC maker in Q3, according to tonight’s Gartner report on their preliminary, estimated numbers. Apple (AAPL) shares are off 10 cents at $155.80, shares of hard drive and NAND flash maker Western Digital (WDC) are off 30 cents at $85.71, while competitor Seagate (STX) is unchanged at $33.75, and Intel (INTC) is trading unchanged. Although the report showed rising prices of DRAM, that’s not helping Micron Technology (MU) shares, which are down $1.76, or 4%, at $40.22, in late trading. Amit Daryanani with RBC Capital writes that the numbers were "a modest improvement in year-over-year trends" for the industry, certainly compared to the 4.3% decline seen in Q2.
Chromebooks, stripped-down laptops running Google’s Chrome operating system, appeared to fare well with back-to-school shoppers for a second consecutive year, third-party data on personal-computer shipments ...
Shipments of personal computers in the September quarter declined for the 12th quarter in a row, research firm Gartner notes tonight — something that will make things for Intel (INTC), despite hopeful thoughts today from Susquehanna’s Christopher Rolland. Lenovo Group (0992HK) saw its second-place share rise slightly as well, to 21.4% from 21%, despite a drop of 1.5% in shipments. Worldwide shipments totaled 67 million units, down 3.6% from the year-earlier quarter, and according to lead PC analyst Mika Kitagawa, what really hurt the business was a 10% drop in shipments in the U.S. market, which offset "signs of stabilization” in markets such as Europe, the Middle East, Africa, Japan and Latin America." The industry saw a "very weak back-to-school sales season," said Kitagawa.
HP Inc. (HPQ) got approval from China's Ministry of Commerce to acquire Samsung Electronics' printer business, but with certain conditions.
HP (HPQ) stock has risen more than 1.4% in the last five trading days. It has risen 29.5% in the trailing 12-month period and 3.0% in the last month.
China said on Thursday it has approved HP Inc's $1.1 billion purchase of Samsung Electronics' printer business with certain restrictions, citing concerns about the U.S. firm's dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $55 billion copier market by focusing on multifunction printers and more deeply embedding mobile and cloud printing technologies to its product solutions. In a statement issued late on Thursday, the Ministry of Commerce said sale of A4 format laser printers by HP in China should be done on "fair and reasonable" terms and the firm must report every six months on their prices and related data to the ministry.
China said on Thursday it has approved HP Inc's (HPQ.N) $1.1 billion purchase of Samsung Electronics' printer business with certain restrictions, citing concerns about the U.S. firm's dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $55 billion copier market by focusing on multifunction printers and more deeply embedding mobile and cloud printing technologies to its product solutions. In a statement issued late on Thursday, the Ministry of Commerce said sale of A4 format laser printers by HP in China should be done on "fair and reasonable" terms and the firm must report every six months on their prices and related data to the ministry.
HP’s (HPQ) revenue has been impacted due to currency fluctuations since it generates a substantial portion of revenue from international markets.
HP (HPQ) has grown its market share in the last two quarters in the PC (personal computer) space. It has displaced Lenovo (LNVGY) to become the largest PC manufacturer in the world.