“Safety first” should be the credo of every dividend collector. Otherwise, you could end up losing money even if you're collecting quarterly distributions.
Evaluate the expected performance of HP (HPQ) for the quarter ended April 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HP Inc (NYSE:HPQ) has seen its share price target bumped up by Bank of America analysts on grounds of improved cash flow and the likely resumption of capital returns to shareholders soon. Ahead of the technology company's interim earnings on May 29, analysts from the bank said conditions should improve over the latter half of the year.