HP's fourth-quarter fiscal 2024 results are likely to benefit from strength in the Personal Systems segment, slightly offset by softness in the Printing market.
Evaluate the expected performance of HP (HPQ) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
HP (HPQ) concluded the recent trading session at $37.43, signifying a +1.93% move from its prior day's close.
In the closing of the recent trading day, HP (HPQ) stood at $37.11, denoting a -1.49% change from the preceding trading day.
HPQ rides high on the back of an innovative product line. However, stiff competition and macroeconomic challenges may undermine near-term prospects.
If you're finding it more challenging to spot bargains after the past-year stock market rally, you're not alone.
The latest trading day saw HP (HPQ) settling at $37.42, representing a +1.46% change from its previous close.
HP (HPQ) concluded the recent trading session at $36.23, signifying a -0.63% move from its prior day's close.
The latest trading day saw HP (HPQ) settling at $37.44, representing a +1.16% change from its previous close.
HP continues to be a great value investment, sporting a ~3% dividend yield amid improving revenue trends. The company's revenue returned to growth in its most recent quarter, accelerating by 3 points y/y. In particular, AI continues to be a compelling PC refresh driver, which has sparked strong sales in the company's high-end consumer devices as well as enterprise workstations.
HP (HPQ) reachead $36 at the closing of the latest trading day, reflecting a +0.25% change compared to its last close.
MicroStrategy, Micron, and HP are all undervalued relative to their growth potential.