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

August 12, 2018 - By Julie Barnes

HP Inc. (NYSE:HPQ) LogoInvestors sentiment decreased to 0.7 in Q1 2018. 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.
Balasa Dinverno & Foltz Ltd Com, Illinois-based fund reported 58,657 shares. Mitchell Mcleod Pugh Williams has invested 0.17% of its portfolio in HP Inc. (NYSE:HPQ). Prudential Public Ltd invested in 24,900 shares or 0% of the stock. Grassi Invest has 0.51% invested in HP Inc. (NYSE:HPQ) for 143,000 shares. 100 were reported by Focused Wealth Mngmt. Eqis Capital Management owns 135,448 shares or 0.15% of their US portfolio. Gulf Retail Bank (Uk) Ltd has invested 0.15% in HP Inc. (NYSE:HPQ). Alphamark Advsrs Lc holds 0% or 253 shares in its portfolio. Greenwich Wealth Limited has 0.49% invested in HP Inc. (NYSE:HPQ). 800 were accumulated by Research And Mngmt Company. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.21% or 294,222 shares. Newman Dignan And Sheerar invested in 10,275 shares or 0.11% of the stock. Vantage Inv Advsr Ltd Limited Liability Company accumulated 384 shares or 0% of the stock. Wagner Bowman Mngmt stated it has 16,703 shares or 0.1% of all its holdings. Advisors Limited Liability owns 14,730 shares.

Since March 9, 2018, it had 0 insider buys, and 6 selling transactions for $15.87 million activity. Another trade for 20,050 shares valued at $471,175 was sold by MYERS MARIE. Another trade for 302,895 shares valued at $7.42M was sold by LORES ENRIQUE.

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. On Monday, February 26 the stock rating was upgraded by J.P. Morgan to “Buy”. On Thursday, February 22 the stock rating was maintained by RBC Capital Markets with “Buy”. UBS maintained HP Inc. (NYSE:HPQ) rating on Friday, February 23. UBS has “Buy” rating and $28 target. The rating was maintained by Morgan Stanley on Wednesday, May 30 with “Equal-Weight”. The stock of HP Inc. (NYSE:HPQ) earned “Hold” rating by Susquehanna on Friday, February 23. The firm earned “Buy” rating on Wednesday, May 30 by Maxim Group. The firm has “Buy” rating by Deutsche Bank given on Friday, February 23. The firm has “Overweight” rating given on Monday, February 26 by JP Morgan. BMO Capital Markets maintained the shares of HPQ in report on Friday, February 23 with “Market Perform” rating. Maxim Group maintained the shares of HPQ in report on Friday, February 23 with “Hold” 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 $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: Globenewswire.com which released: “HP Launches Industry’s First Print Security Bug Bounty Program” on July 31, 2018, also Fool.com published article titled: “3 Fresh Catalysts for HP Inc.”, Globenewswire.com published: “HP Advances Printing Strategy with Apogee Transaction” on August 01, 2018. More interesting news about HP Inc. (NYSE:HPQ) was released by: Fool.com and their article: “3 Top Dividend Stocks With Yields Over 2%” with publication date: August 10, 2018.

HP Inc. (NYSE:HPQ) Ratings Chart

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