Company Profile
Hewlett-Packard Company (HPQ) and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide.
Hewlett-Packard is scheduled to report its second-quarter earnings results on May 23, 2012, after market close.
Technical Overview
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Hewlett-Packard has a market cap of $45.78 billion and it is currently trading around $23.15 with a 52-week range of $21.30 to $40.82. The stock has -10.13% price performance for the year 2012. The following table provides the key ratios for HP:
Key Ratio | Value |
Current Ratio | 1.1 |
PEG | 1.72 |
P/E | 8.18 |
Forward P/E | 5.23 |
Profit Margin | 4.75% |
Return On Assets (ROA) | 4.82% |
Return On Equity (ROE) | 14.77% |
Recent News
- On May 10, 2012, HP made its first public cloud services available as a public beta to deliver an open-source-based public cloud infrastructure with business-oriented features that enable developers, independent software vendors (ISVs) and enterprises of all sizes to build the next generation of web applications.
- On May 9, 2012, HP expanded its award-winning notebook portfolio with thin and light Ultrabook systems and Sleekbooks packed with the latest technologies for both consumer and business demands.
- On May 9, 2012, HP announced new high-performing business products packed with energy efficiency, security and performance features designed to meet customer needs across industries such as healthcare, retail, and media and entertainment.
- On April 25, 2012, HP announced that AMD has improved business efficiency and streamlined operations by consolidating its worldwide data centers and standardizing on HP Networking solutions.
- On April 16, 2012, HP announced that the HP Z1 Workstation is now available worldwide for a starting price of $1,899 through global resellers and retailers, including CDW, MelroseMAC and PC Mall.
- On April 3, 2012, HP Enterprise Services announced it has been selected by the U.S. Army to provide the Department of Defense and other federal agencies with enterprise cloud computing services under the Army Private Cloud contract (APC2).
Analyst Guidance and Previous Earnings History
Second-quarter revenue is expected to be $29.89 billion when compared with $31.63 billion for the same quarter last year. Earnings per share for the second quarter are expected to be 0.91 a share, down from $1.24 a share in the year-ago period.
The average price target from analyst for HP is $29.89 with average rating is HOLD. Out of the last 4 quarters, HP has met or exceeded the EPS estimates 4 times. The following chart shows the Analyst estimates and the actual EPS results.
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Sources: Some of the data is taken from Google Finance, Yahoo Finance, Finviz and investor sites.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in HPQ, AMD over the next 72 hours.
Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.
