22.00 -0.09 (-0.41%)
After hours: 7:02PM EDT
|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||22.00 - 22.34|
|52 Week Range||17.10 - 24.75|
|PE Ratio (TTM)||9.73|
|Forward Dividend & Yield||0.56 (2.47%)|
|1y Target Est||N/A|
Shortly after Dion Weisler took over Hewlett-Packard Co.’s computer business in 2013, he assembled his charges to survey nearly 40 of its PCs, a hodgepodge of styles, sizes and colors splayed out in a conference room. By focusing on sleeker designs and high-performance game machines, HP managed to boost revenue and gobble market share from smaller competitors even as the PC market shrank. When Hewlett-Packard split in 2015, pundits figured HP Inc. would be the runt of the litter, while its sibling Hewlett Packard Enterprise Co. was freed to focus on more attractive markets such as selling corporate technology services.
HP Inc. (HPQ) stock has returned 17.0% in the last 12 months, 3.7% in the last month, and 3.6% in the last five days. HP stock rose 30.0% in 2016 and 46.0% in 2017. Since the start of 2018, HP stock has risen ~7.5%. Peers IBM (IBM), Western Digital (WDC), and Seagate Technology (STX) have returned -4.0%, -10.0%, and 33.0%, respectively, in the last 12 months.
Plenty of companies fit the former or the latter, many don’t fit either and a rare few can claim both descriptions. Micron Technology, Inc. (NASDAQ:MU) is one of the latter. Despite this, however, MU stock hasn’t been as much of a no-brainer trade as some investors may think.
Driven by several robust quarters of revenue growth, HP Inc. (HPQ) ended fiscal 2017 with free cash flow of $3.3 billion. The firm returned 69.0% of free cash flow ($2.3 billion) to shareholders via share repurchases and dividends in fiscal 2017.
Can HP Inc. Beat Its Earnings Estimates in Fiscal Q2 2018? HP Inc. (HPQ) has been optimistic about growth drivers in the 3D printing space. The firm has valued the 3D printing manufacturing market at ~$12.0 trillion.
Since its split from Hewlett Packard Enterprise (HPE) in November 2015, HP Inc. (HPQ) has turned in a solid performance. After HP Inc. experienced a revenue decline of 6.2% YoY (year-over-year) in fiscal 2016, its revenues rose ~8.0% YoY in fiscal 2017 to ~$52.1 billion. HP Inc. has been able to outperform analysts’ expectations and estimates on a consistent basis and achieved revenue growth of 14.0% in the fiscal first quarter.
Can HP Inc. Beat Its Earnings Estimates in Fiscal Q2 2018? HP Inc. (HPQ) has valued the A3 copier market at $55.0 billion, and the company has gained traction in this space with the acquisition of Samsung’s (SSNLF) printer business last year. HP Inc. gained access to 6,500 printing patents with this acquisition.
According to market research firm International Data Corp. (or IDC), HP Inc. (HPQ) led the global PC market at the end of March with a market share of 22.6%, up from 21.7% in the first quarter of 2017. HP Inc.’s PC shipments rose 4.3% YoY to ~13.7 million units in the first quarter.
Previously in this series, we learned that analysts expect HP Inc.’s (HPQ) revenues to rise ~9.5% YoY (year-over-year) in the fiscal second quarter. The company’s earnings per share are expected to rise ~20.0% in the quarter.
Advanced Micro Devices is launching yet another offensive on a market that has been sewn up by Intel for more than a decade. While the Ryzen processor family that was unveiled in 2017 goes after a premium segment of the PC market with more than $20 billion of TAM (total addressable market), more than half of that is tied to commercial-device sales. Commercial PCs and notebooks are bought by companies for employees or purchased by employees themselves as part of the BYOD (bring your own device) trend.
HP (HPQ) continued that push on Monday, when it announced a number of new premium models across its consumer and commercial segments. While the x2 1013 doesn’t look as cool as an iPad Pro, its detachable keyboard has considerable “travel,” meaning you can feel yourself push the keys down. Mike Nash, HP’s head of portfolio strategy, told MarketWatch that before HP began emphasizing premium models on the corporate side, companies didn’t see much distinction between HP’s two categories of computers and would end up buying consumer models for their employees.
NVIDIA’s (NVDA) GeForce gaming GPUs (graphics processing units) are increasingly being adopted by data centers, AI (artificial intelligence) developers, and crypto miners to perform high-computing tasks. This growing adoption has created a shortage of GPUs for NVIDIA’s core market of gamers. To ensure that its GPUs reach gamers rather than crypto miners and AI developers, NVIDIA launched the GPP (GeForce Partner Program) on March 1.
There is a reason they call Carl Icahn the CEO slayer. late Sunday terminated its merger with Fujifilm at the same time that it reached a deal to add five Icahn-backed directors onto its board and replace its controversial CEO. The settlement comes as Icahn and his partner Darwin Deason, the third largest Xerox shareholder, had been seeking to take over the company's board with a director-election proxy fight that would have taken place in June or July.
A trade war with China is daft because our most important industry is on the other side of the fence. Computer hardware left these shores a decade ago. China took the dirt, guaranteed low wage and regimented workforces, and U.S. CEOs went for it, knowing that the real profits were in the designs, the software and the branding.
The Trump administration is considering executive action that would restrict some Chinese companies' ability to sell telecommunications equipment in the U.S., The Wall Street Journal reported, citing several ...
Earlier, we discussed the persistent sluggishness in the PC (personal computer) market—which has now continued for more than 14 straight quarters—as reported by Gartner. The decline has pushed Microsoft (MSFT) to redesign its strategy.
A federal jury found Autonomy Corp.’s former financial chief guilty of falsifying financial statements and exaggerating the British software maker’s value before its sale to Hewlett-Packard for $11 billion in 2011. If upheld, the fraud conviction of Sushovan Hussain after a six-week trial in San Francisco would offer some vindication to H-P executives who have long alleged Autonomy’s management cooked the books before one of its biggest acquisitions. H-P initially billed the acquisition as key to transforming itself into a software powerhouse and anchor its forays into hot fields like data and analytics.
A U.S. jury on Monday convicted the former chief financial officer of British software company Autonomy of wire fraud and other crimes related to claims by the government that he inflated the firm's value before its sale to Hewlett Packard, a Justice Department spokesman said. Federal prosecutors brought criminal conspiracy and wire fraud charges against Sushovan Hussain in 2016, alleging that beginning in 2009, he and others sought to deceive Autonomy's investors and HP about the company's financial condition and prospects for growth. The scheme had several objectives, an indictment said, including to artificially increase and maintain Autonomy's share price to make the company attractive to potential buyers like HP, which agreed to buy it in 2011 for $11 billion (£7.99 billion).
A U.S. jury on Monday convicted the former chief financial officer of British software company Autonomy of wire fraud and other crimes related to claims by the government that he inflated the firm's value before its sale to Hewlett Packard, a Justice Department spokesman said. Federal prosecutors brought criminal conspiracy and wire fraud charges against Sushovan Hussain in 2016, alleging that beginning in 2009, he and others sought to deceive Autonomy's investors and HP about the company's financial condition and prospects for growth. The scheme had several objectives, an indictment said, including to artificially increase and maintain Autonomy's share price to make the company attractive to potential buyers like HP, which agreed to buy it in 2011 for $11 billion.
According to market research firm Gartner, Apple’s (AAPL) MacBook shipments have risen 1.5% YoY (year-over-year) in 1Q18, which is Apple’s fiscal 2Q18. In comparison, the overall PC market declined 1.4% YoY to ~61.9 million units in 1Q18 from ~62.6 million units in 1Q17.
Apple (AAPL) stock fell 5.7% in the week ended April 20, closing at $165.72 per share. Apple’s stock price fell more than 3.0% in pre-market trading on April 19 after it was revealed that TSMC is expecting revenues of $7.8 billion–$7.9 billion in the quarter ended March 2018. The stock prices of Apple’s peers Amazon (AMZN), Google (GOOG), and HP Inc. (HPQ) generated respective returns of 6.7%, ~4.3%, and -1.1% in the week ended April 20.
Previously, we learned that analysts expect Apple’s (AAPL) revenues to rise ~15.5% YoY (year-over-year) in fiscal 2Q18. The company’s EPS (earnings per share) are expected to rise ~28.0% in the quarter. Analysts expect Apple’s revenues to rise 14.8% YoY to ~$52.1 billion in fiscal 3Q18 and 13.2% YoY to $59.5 billion in fiscal 4Q18.
Shares of Advanced Micro Devices soared as much as 15 percent in morning trading Thursday after the company reported blockbuster quarterly earnings and gave a better-than-expected outlook for the second quarter.
A new manufacturing network is a major milestone in Jabil’s digital transformation, the company said.