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Hewlett-Packard Earnings Preview For Thursday

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Hewlett-Packard Company  (HPQ) 

Background: Hewlett-Packard Company, together with its subsidiaries, provides products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. The company was founded in 1939 and is headquartered in Palo Alto, California.

Wall Street and investors are planning on more of the same in the upcoming first-quarter earnings report. It's expected after the market closes on February 20, 2014 The consensus opinion is presently 84 cents a share, a very small amount of 2 cents (2.4%) over 82 cents during the corresponding period last year. Analysts are estimating as low as 82 cents per share, up to the most optimistic estimate of 88 cents per share.

Hewlett-Packard distributes 58 cents a year in dividends for a yield of 2%.

Analysts are taking as much of a stand as many of our elected officials typically demonstrate on key issues. Hold ratings can indicate just about anything, however, I think of holds as one small step above sell ratings, and not inbetween a buy and a sell. It appears 22 out of 35 now rate the company a hold, while 10 recommend buying and 3 recommend selling.

7 out of 35 analysts now rate Hewlett-Packard a strong buy up from 6 analysts a month ago. Compared to three months ago, even more analysts are rating this company as a strong buy. Analysts may have missed a good one. In the last 12 months, the shares have really moved higher. The one year return is 77%, and the average analyst target price for Hewlett-Packard is $29.43.

The last reported short interest is paltry and without reason to consider it a meaningful influence at only 1.5% of the average trading float.
 

 

(HPQ)

(ACN)

(IBM)

Strong Buy

7

6

2

Moderate Buy

3

8

5

Hold

22

12

18

Strong Sell Ratings

3

0

2

Avg Analyst Price Target

$29.43

$84.00

$192.67

Revenue

$109.24 billion

$29.64 billion

$99.40 billion

Est Low EPS

0.82

1.01

2.49

Est High EPS

0.88

1.10

2.63

1 Year Stock Price Change

68.48%

9.00%

-11.45%

 


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Stock Tickers: HPQ ACN IBM Author Disclosure: n/a
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