|Bid||23.22 x 900|
|Ask||23.23 x 3000|
|Day's Range||23.21 - 23.53|
|52 Week Range||18.36 - 24.75|
|PE Ratio (TTM)||8.95|
|Earnings Date||Aug 21, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||0.56 (2.38%)|
|1y Target Est||26.00|
PALO ALTO, Calif., July 18, 2018-- HP Inc. today revealed the world’ s most powerful entry workstations 1 for product designers, architects, creative professionals, OEMs, educators and financial/office ...
HP (HPQ) recently opened a new 3D printing center in China. Seeking to produce components and prototypes faster and more efficiently, manufacturers are adopting 3D printers. The new 3D printing center has expanded HP’s footprint in the world’s largest manufacturing market.
The global PC market has been on the decline for the past several years as smartphones have continued to come up with many PC-like features. Gartner said global PC shipments grew 1.4% compared to the same quarter last year, reaching 62.1 million units. According to Gartner, this growth was driven by business demand, which it thinks will weaken in two years.
The second quarter of 2018 was the best quarter for personal-computer shipments in more than six years, IDC reported Thursday afternoon, confirming an earlier report from rival Gartner. IDC tracked 2.7% growth in PC shipments from the same quarter a year ago, blowing away its projection of 0.3% for the biggest gains since the first quarter of 2012, when the market expanded by 4.2%. Earlier Thursday, Gartner reported the first year-on-year gain since the same quarter, but IDC has tracked gains in the sector in previous quarters while looking at a slightly larger collection of form factors that includes Chromebooks.
Personal computer shipments increased for the first time in six years in the second quarter of 2018, research firm Gartner said Thursday afternoon. Gartner said that overall shipments grew 1.4% from the same quarter the year before, the first time Gartner has tracked a year-over-year gain since the first quarter of 2012. Gartner rival IDC has reported year-over-year gains for the sector in that time, but counts more form factors than Gartner, most notably Chromebooks, web-based laptops with Alphabet Inc. (googl)(goog) software.
The trading action in Advanced Micro Devices, Inc. (NASDAQ:AMD) ahead of its quarterly earnings report is almost predictable. Conversely, if AMD stock does not trade higher in the weeks before quarterly results, it has a chance of rallying on any mildly good news. GlobalFoundries is moving its manufacturing to 7 nanometer, while Intel struggles with its 10nm process.
Jim Cramer rattles off his take on callers' favorite stocks, including a drugmaker that's topping its competition.
HP Inc. (HPQ) stock returned 9.3% in the first half of 2018, and it closed at $22.69 on June 29. HPQ met its earnings estimates in the fiscal second quarter, and it beat estimates in the fiscal first quarter by 14.3%. Analysts gave a median price target of $27.00 for HP Inc., which indicates that the stock has an upside potential of 18.0% over the next 12 months.
If Starbucks (NASDAQ:SBUX) keeps losing its most experienced leadership, CEO Kevin Johnson — who’s only been at the helm for about a year — may soon learn the hard way he can’t do it all by himself. If that’s the case, it’s arguable that Johnson’s exit could also ultimately be a good thing for the company — even if it’s a bitter pill to swallow now. Soon-to-be-former CFO Scott Maw is now 50, for the record, while executive chairman Howard Schultz (the former CEO, by the way) is 64 years old … not exactly spring chickens themselves.
Stock Research Monitor: ANET, DVMT, and DBD LONDON, UK / ACCESSWIRE / June 29, 2018 / If you want a free Stock Review on HPQ sign up now at www.wallstequities.com/registration . On Thursday, June 28, 2018, ...
(0:25) – Is It Time To Buy Large Cap Stocks?(2:15) – Stock Screener Criteria (4:45) – Tracey’s Top Stock Picks(15:00) – Takeaways On Large Cap Stocks: AMGN, CMA, CVX, HPQ, PCARPodcast@Zacks.com
On Tuesday, General Electric Inc. (GE) said it would spin off its health-care business and unload its ownership in Baker Hughes, an oil services company, as part of a restructuring that will greatly change the corporate monolith that was recently booted from the Dow Jones Industrial Average(^DJI) . The changes are the result of a year-long review of the struggling company by Chief Executive John Flannery, who should give a call to Meg Whitman, the former CEO of Hewlett Packard, once one of the largest tech companies, to see how these types of moves can play out. It was involved in nearly every part of the tech business: PCs, printers, servers, supercomputers, software, storage, networking, services and other businesses.
Tech companies are bracing for the impact of an escalating trade war between the U.S. and China as the Trump administration gets set to announce new a new set of trade initiatives expected later this week. The fallout could be enormous, hitting the sales, earnings and stock prices of big U.S. tech firms with significant exposure to China, including Cisco Systems Inc. ( CSCO), Dell Technologies Inc. ( DVMT), HP Inc. ( HPQ), International Business Machines Corp. ( IBM), Intel Corp. ( INTC) and Microsoft Corp. ( MSFT).