Hp Inc Stock Performance
| HPQ Stock | USD 27.81 0.19 0.69% |
The company owns a Beta (Systematic Risk) of 1.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, HP will likely underperform. HP Inc has an expected return of -0.0528%. Please make sure to check out HP Inc jensen alpha, as well as the relationship between the skewness and day median price , to decide if HP Inc performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days HP Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, HP is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.69 | Five Day Return (3.34) | Year To Date Return (6.77) | Ten Year Return 91.79 | All Time Return 22.3 K |
Forward Dividend Yield 0.0399 | Payout Ratio 0.3193 | Last Split Factor 2202:1000 | Forward Dividend Rate 1.1 | Dividend Date 2024-04-03 |
1 | HP Unveils Program Enhancements for Partners including New AI MasterClass Training Certification | 03/06/2024 |
2 | HP Incs Dividend Analysis | 03/11/2024 |
3 | Nvidias latest AI chip will cost more than 30,000, CEO says | 03/19/2024 |
4 | 3 Sorry Big Data Stocks to Sell in March While You Still Can | 03/26/2024 |
5 | Velox Secures 38 Million in Funding Led by Fortissimo Capital | 04/02/2024 |
| HP dividend paid on 3rd of April 2024 | 04/03/2024 |
6 | Cramer looks to the pandemic era to understand todays market | 04/04/2024 |
7 | Disposition of 80368 shares by Tuan Tran of HP subject to Rule 16b-3 | 04/05/2024 |
8 | HPs five-year total shareholder returns outpace the underlying earnings growth | 04/09/2024 |
9 | XYZ Reality Welcomes Data Center Industry Leaders Christian Belady and Brian Mattson as Strategic Advisors | 04/16/2024 |
| Begin Period Cash Flow | 3.1 B | |
| Total Cashflows From Investing Activities | -590 M |
HP |
HP Relative Risk vs. Return Landscape
If you would invest 2,892 in HP Inc on January 21, 2024 and sell it today you would lose (111.00) from holding HP Inc or give up 3.84% of portfolio value over 90 days. HP Inc is generating negative expected returns assuming volatility of 1.3771% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than HP, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
HP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HP's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HP Inc, and traders can use it to determine the average amount a HP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0383
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| Negative Returns | HPQ |
Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HP is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of HP by adding HP to a well-diversified portfolio.
HP Fundamentals Growth
HP Stock prices reflect investors' perceptions of the future prospects and financial health of HP, and HP fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on HP Stock performance.
| Return On Asset | 0.0756 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 35.6 B | ||||
| Shares Outstanding | 978.48 M | ||||
| Price To Earning | 9.89 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 53.72 B | ||||
| Gross Profit | 11.51 B | ||||
| EBITDA | 5.84 B | ||||
| Net Income | 3.26 B | ||||
| Cash And Equivalents | 3.15 B | ||||
| Cash Per Share | 3.15 X | ||||
| Total Debt | 9.48 B | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 0.76 X | ||||
| Book Value Per Share | (1.67) X | ||||
| Cash Flow From Operations | 3.57 B | ||||
| Earnings Per Share | 3.41 X | ||||
| Market Capitalization | 27.03 B | ||||
| Total Asset | 37 B | ||||
| Retained Earnings | (2.36 B) | ||||
| Working Capital | (6.51 B) | ||||
| Current Asset | 18.47 B | ||||
| Current Liabilities | 18.81 B | ||||
About HP Performance
To evaluate HP Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when HP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare HP Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand HP Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents HP's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 68.24 | 74.40 | |
| Return On Tangible Assets | 0.10 | 0.07 | |
| Return On Capital Employed | 0.25 | 0.18 | |
| Return On Assets | 0.10 | 0.08 | |
| Return On Equity | (3.51) | (3.33) |
Things to note about HP Inc performance evaluation
Checking the ongoing alerts about HP for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for HP Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| HP Inc generated a negative expected return over the last 90 days | |
| The company has 9.48 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. HP Inc has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist HP until it has trouble settling it off, either with new capital or with free cash flow. So, HP's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HP to invest in growth at high rates of return. When we think about HP's use of debt, we should always consider it together with cash and equity. | |
| Over 78.0% of HP shares are owned by institutional investors | |
| On 3rd of April 2024 HP paid $ 0.2756 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: XYZ Reality Welcomes Data Center Industry Leaders Christian Belady and Brian Mattson as Strategic Advisors |
- Analyzing HP's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether HP's stock is overvalued or undervalued compared to its peers.
- Examining HP's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating HP's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HP's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of HP's stock. These opinions can provide insight into HP's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for HP Stock analysis
When running HP's price analysis, check to measure HP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.
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Is HP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HP. If investors know HP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.319 | Dividend Share 1.063 | Earnings Share 3.41 | Revenue Per Share 53.452 | Quarterly Revenue Growth (0.04) |
The market value of HP Inc is measured differently than its book value, which is the value of HP that is recorded on the company's balance sheet. Investors also form their own opinion of HP's value that differs from its market value or its book value, called intrinsic value, which is HP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HP's market value can be influenced by many factors that don't directly affect HP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HP's value and its price as these two are different measures arrived at by different means. Investors typically determine if HP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.