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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts are positive on Hewlett-Packard Co (HPQ-N) as the company is pivoting into the networking space and has made a strategic acquisition of Juniper Networks. The latest quarterly report showed mixed results, with sales being slightly lower than expected but earnings beating expectations. However, the company's excellent cash flow, good operating margin, and raised full-year forecast have bolstered confidence. Overall, the stock is seen as a promising investment with potential for growth.

Consensus
Positive
Valuation
Undervalued
PAST TOP PICK
Hewlett-Packard Co
(A Top Pick Feb 22/23, Up 6%)

Pivoting into the networking space. Buying Juniper Networks. Own it here, south of $28, and just below $27.

electrical / electronic
BUY
Hewlett-Packard Co

They just reported, up 15% this year so far. But the quarter was mixed though mostly beat expectations: sales were a tad light, earnings beat though, excellent cash flow, good operating margin and raised their full-year forecast.

electrical / electronic
TOP PICK
Hewlett-Packard Co

Imaging and printing, personal computing, SaaS. Proceeds from SHOP and NVDA were used to buy this one. Reminds him of ORCL. Strong cashflows, mature business, stable market share, returning significant amounts back to shareholders, progress on efficiencies. Attractive PE in mid-teens. Price target of $39.50. Different from HPE stock. Yield is 3.59%.

(Analysts’ price target is $29.30)
electrical / electronic
DON'T BUY
Hewlett-Packard Co
No. The PC business is weak, though he likes the CEO.
electrical / electronic
BUY
Hewlett-Packard Co
They reported today a clean top and bottom-line beat with OK, not great numbers (cash flow was a little light and the printing business fell short), but offered better than expected guidance for the current quarter and raised their full-year forecast a lot. Margins came in higher than expected, though.
electrical / electronic
BUY
Hewlett-Packard Co
This struggle pre-Covid, but the new CEO turned it around. Covid lockdowns boosted PC sales. One wrinkle was the attempted Xerox merger. last November saw 9.3% revenue growth, 52% earnings growth and bullish earnings guidance for the next quarter and 2022 fiscal. HP is eying some acquisitions. Their PC sales will be durable. Also, HP has a big printing division, not just in consumer PCs. Trades at 8.5x 2022 earnings. Cheap.
electrical / electronic
COMMENT
Hewlett-Packard Co
He doesn't follow this closely, but it's in a strong sector. HP probably suffered an earnings decline recently. He owns Apple and Google instead--he'd rather bet on tech here. Nothing wrong with HP though, but it's not as strong as these two.
electrical / electronic
DON'T BUY
Hewlett-Packard Co

The problem with this company is that it is a slow growth business. In the tech world there are companies that grow much faster. There are better opportunities out there where you are not paying a huge multiple for them.

electrical / electronic
DON'T BUY
Hewlett-Packard Co

It's now selling at exactly FMV. Its balance sheet can't support a stock buyback. In fact, they should be issuing stock. There's no upside. He doesn't like it now.

electrical / electronic
TOP PICK
Hewlett-Packard Co

This is the personal printing system division. The revenue is growing as is their market share. It trades at a cheap valuation that he thinks should double over time. The monthly ink cartridge purchasing plan is brilliant, he thinks. Yield 2.4%. (Analysts’ price target is $25.60)

electrical / electronic
COMMENT
Hewlett-Packard Co

One of the knocks against this has been its desktop bias. Has a good dividend yield and is understood to be a single digit grower with a more reasonable PE. If you like a reasonable and growing dividend, then this is not a bad idea. However, it is going to be a long road and he thinks you can do better.

electrical / electronic
COMMENT
Hewlett-Packard Co

A technology company that has gone through its cycles of having done very well, and not doing very well at different times in the cycle. The chart shows it has done extremely well so far this year, but is getting really close to resistance. Look for it to break through $18.80. We are not in the technology cycle right now, so this is a good thing. If it breaks through around $18.80 that would be a positive sign.

electrical / electronic
COMMENT
Hewlett-Packard Co

The printing business has amazing cash flow. Margins on colour ink cartridges are massive. This is trading at a ridiculous multiple, probably 6 or 7 times earnings. There is no question that there will be some revenue decline for the next couple of years. Thinks there will be a lot of shareholder value created here.

electrical / electronic
DON'T BUY
Hewlett-Packard Co

Chart does not look strong. You have to validate as many factors as you can to raise the odds of success, and he does this by using technicals. This company gets tripped out of his process by the technicals. A great company, but not a great stock right now. This company is not really strong in the higher growth segment. 4.25% dividend yield.

electrical / electronic
PAST TOP PICK
Hewlett-Packard Co

(A Top Pick Nov 4/14. Down 31.52%.) When he bought this, it was a single company, but now it is 2 companies. The other one is Hewlett-Packard Enterprises (HPE-N). Hasn’t yet seen a quarterly report, but will get one in February. Doesn’t think the market is fully appreciating either one of these companies. This one is selling for about 7X earnings. He remains very, very bullish.

electrical / electronic
Showing 1 to 15 of 180 entries

Hewlett-Packard Co(HPQ-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Hewlett-Packard Co is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hewlett-Packard Co(HPQ-N) Frequently Asked Questions

What is Hewlett-Packard Co stock symbol?

Hewlett-Packard Co is a American stock, trading under the symbol HPQ-N on the New York Stock Exchange (HPQ). It is usually referred to as NYSE:HPQ or HPQ-N

Is Hewlett-Packard Co a buy or a sell?

In the last year, 2 stock analysts published opinions about HPQ-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hewlett-Packard Co.

Is Hewlett-Packard Co a good investment or a top pick?

Hewlett-Packard Co was recommended as a Top Pick by on . Read the latest stock experts ratings for Hewlett-Packard Co.

Why is Hewlett-Packard Co stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hewlett-Packard Co worth watching?

2 stock analysts on Stockchase covered Hewlett-Packard Co In the last year. It is a trending stock that is worth watching.

What is Hewlett-Packard Co stock price?

On 2024-02-27, Hewlett-Packard Co (HPQ-N) stock closed at a price of $28.83.