Analysts See $0.50 EPS for HP Inc. (HPQ)

August 12, 2018 - By Mark Babin

HP Inc. (NYSE:HPQ) LogoInvestors sentiment decreased to 0.7 in 2018 Q1. Its down 0.93, from 1.63 in 2017Q4. It turned negative, as 5 investors sold HP Inc. shares while 5 reduced holdings. 2 funds opened positions while 5 raised stakes. 1.93 million shares or 11.87% more from 1.73 million shares in 2017Q4 were reported.
Grassi Invest Mgmt owns 143,000 shares or 0.51% of their US portfolio. Greenwich Wealth Mngmt Ltd Limited Liability Company holds 142,063 shares. 24,900 are owned by Prudential Public Limited Liability Co. West Oak Capital Lc stated it has 0% in HP Inc. (NYSE:HPQ). Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 294,222 shares. Alphamark Advsrs Ltd Co invested in 253 shares or 0% of the stock. Wagner Bowman Mgmt has 0.1% invested in HP Inc. (NYSE:HPQ) for 16,703 shares. Massachusetts-based Amer And Com has invested 0.01% in HP Inc. (NYSE:HPQ). 58,657 were reported by Balasa Dinverno & Foltz Limited Company. Vantage Llc invested in 384 shares. Cap Invest Advisors Ltd Liability Corporation has 0.02% invested in HP Inc. (NYSE:HPQ) for 14,730 shares. Mitchell Mcleod Pugh Williams stated it has 0.17% in HP Inc. (NYSE:HPQ). Gemmer Asset Mgmt Lc, a California-based fund reported 1,786 shares. Focused Wealth Management stated it has 100 shares or 0% of all its holdings. Eqis Mngmt Inc holds 135,448 shares or 0.15% of its portfolio.

Since March 9, 2018, it had 0 insider purchases, and 6 sales for $15.87 million activity. LORES ENRIQUE had sold 302,895 shares worth $7.42 million. Shares for $2.70M were sold by KEOGH TRACY S.

Analysts expect HP Inc. (NYSE:HPQ) to report $0.50 EPS on August, 23 after the close.They anticipate $0.07 EPS change or 16.28 % from last quarter’s $0.43 EPS. HPQ’s profit would be $805.25M giving it 12.00 P/E if the $0.50 EPS is correct. After having $0.48 EPS previously, HP Inc.’s analysts see 4.17 % EPS growth. The stock decreased 0.37% or $0.09 during the last trading session, reaching $23.99. About 5.34M shares traded. HP Inc. (NYSE:HPQ) has risen 19.27% since August 13, 2017 and is uptrending. It has outperformed by 6.70% the S&P500.

HP Inc. (NYSE:HPQ) Ratings Coverage

Among 9 analysts covering HP (NYSE:HPQ), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. HP had 10 analyst reports since February 23, 2018 according to SRatingsIntel. The rating was upgraded by Maxim Group on Wednesday, May 30 to “Buy”. As per Friday, February 23, the company rating was maintained by Maxim Group. On Friday, February 23 the stock rating was maintained by Susquehanna with “Hold”. The firm has “Buy” rating given on Friday, February 23 by Deutsche Bank. The rating was maintained by Morgan Stanley on Wednesday, May 30 with “Equal-Weight”. The rating was upgraded by J.P. Morgan on Monday, February 26 to “Buy”. The stock of HP Inc. (NYSE:HPQ) earned “Market Perform” rating by BMO Capital Markets on Friday, February 23. The rating was maintained by RBC Capital Markets on Thursday, February 22 with “Buy”. The firm has “Buy” rating by UBS given on Friday, February 23. The company was upgraded on Monday, February 26 by JP Morgan.

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 $38.64 billion. It operates through Personal Systems and Printing divisions. It has a 9.22 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 important recent HP Inc. (NYSE:HPQ) news were published by: Fool.com which released: “3 Top Dividend Stocks With Yields Over 2%” on August 10, 2018, also Globenewswire.com published article titled: “HP Advances Printing Strategy with Apogee Transaction”, Globenewswire.com published: “HP Launches Industry’s First Print Security Bug Bounty Program” on July 31, 2018. More interesting news about HP Inc. (NYSE:HPQ) was released by: Fool.com and their article: “3 Fresh Catalysts for HP Inc.” with publication date: August 07, 2018.

HP Inc. (NYSE:HPQ) Ratings Chart

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