Analyst Research

Analysts Opinion on Rating and Recommendation: Broker’s Roundup on: HP Inc (NYSE:HPQ)

HP Inc (NYSE:HPQ) rose 2.74% during previous trade. Citigroup issued rating on the stock of HP Inc (NYSE:HPQ) in a research note issued to investors on Apr-12-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally Wells Fargo issued their verdict on the stock of the company, on record date of Mar-06-17 the stock was “Upgraded” from Market Perform to Outperform besides that on Feb-23-17 HP Inc (NYSE:HPQ) was “Reiterated” by Mizuho as Neutral from $14 to $15. Furthermore on Feb-23-17 the stock was “Reiterated” by Maxim Group as Hold from $15 to $16.

HP Inc (NYSE:HPQ) shares ended last trading session at the price of $18.02 whereas a number of traders indicating mean target price will hit $17.54 over the next twelve months, mean value of price target most recently revised on 03/14/17. HP Inc (NYSE:HPQ)’s highest estimates of price target are $20 and low forecast is $14 based on the opinion of 19 analysts. The price target estimates represents a standard deviation of 1.56. However brokerage recommendations suggests an ABR of 2.21 based on calls of 14 experts, where 5 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 8 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

HP Inc (NYSE:HPQ) is expected to release the earnings of its current quarter on 5/24/17. The company is expected to release $0.39 EPS for current quarter according to 20 analysts whereas the company reported $0.41 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.38 and high estimate of $0.4. For the current year HP Inc (NYSE:HPQ) has set to release EPS of $1.61 as per the sentiments of 23 analysts, however according to 23 analysts, the company expected to release $1.68 EPS for next year.

HP Inc (NYSE:HPQ)’s average revenue estimates for the current quarter are $11.87B according to 17 number of analysts. However its lowest revenue estimates are $11.6B and highest revenue estimates are $12.06B. A year ago the company’s sales were $11.59B. Its yearly sales growth estimates are 2.40%. For the next quarter the company has anticipated average revenues of $11.8B, according to the sentiments of 17 analysts. For the current year the company has fixed $48.67B revenues, as per the opinion of 21 analysts. For the current year the company has low revenue estimates of $47.54B in contradiction of high revenue estimates of $49.46B. Whereas for the next year revenues are set at $48.23B by 21 analysts.

The stock exchanged hands 19.36M shares versus average trading capacity of 10.08M shares, while its shares’ total market worth is $30.78B along with 1.69B outstanding shares. However the company observed 52 week high price on 04/12/17 and witnessed 52 week low price on 05/19/16. The company’s price sits 7.15% above from its 50-day moving average of $17.43 and 20.14% far from the stock’s 200-day moving average which is $15.76. HP Inc (NYSE:HPQ)’s price to sales ratio for trailing twelve month stands at 0.63. However the company’s price to cash per share for most recent quarter stands at 4.87. Its price to free cash flow for trailing twelve months is 10.90.

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