Hewlett-Packard Co (HPQ)

HPQ (NYSE:Computer Hardware) EQUITY
pos +0.00
Today's Range: 33.92 - 34.99 | HPQ Avg Daily Volume: 11,685,300
Last Update: 02/27/15 - 4:06 PM EST
Volume: 0
YTD Performance: -13.18%
Open: $0.00
Previous Close: $34.01
52 Week Range: $28.75 - $41.10
Oustanding Shares: 1,834,081,993
Market Cap: 62,152,820,864
6-Month Chart
TheStreet Ratings Grade for HPQ
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 9 9 9 8
Moderate Buy 1 1 1 1
Hold 9 9 9 10
Moderate Sell 1 1 1 1
Strong Sell 0 0 0 0
Mean Rec. 2.08 2.08 2.08 2.20
Latest Dividend: 0.16
Latest Dividend Yield: 1.88%
Dividend Ex-Date: 03/09/15
Price Earnings Ratio: 12.98
Price Earnings Comparisons:
HPQ Sector Avg. S&P 500
12.98 13.00 26.52
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-11.03% 17.11% 32.72%
Revenue -0.80 -0.12 -0.04
Net Income -2.00 -0.29 -0.11
EPS 0.00 -0.21 -0.08
Earnings for HPQ:
Revenue 111.45B
Average Earnings Estimates
Qtr (04/15) Qtr (07/15) FY (10/15) FY (10/16)
Average Estimate $0.86 $0.89 $3.66 $3.85
Number of Analysts 13 12 15 14
High Estimate $0.88 $0.94 $3.73 $4.13
Low Estimate $0.83 $0.82 $3.60 $3.62
Prior Year $0.88 $0.89 $3.74 $3.66
Growth Rate (Year over Year) -2.01% -0.47% -2.03% 5.13%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
As transition plays out, who's got game?

Some Midday Observations Real Money Pro($)

Like Bruce Willis, Apple's shares don't die hard or quickly. (The shares are trading +$1.63 after being lower earlier in the day.) The media event invitation for early March (watch) should be no surprise. I plan to add to my short at about $131/share. I suspect the net neutrality decision has been already discounted in the shares of cable companies, Netflix (NFLX), Facebook (FB), et al. The yield on the 10-year U.S. note is now back over 2.00% (up by three basis points). I shorted iShares 20+ Treasury (TLT) at $129.70 as an interest rate hedge to my closed-end municipal bond funds. Maybe the Nasdaq "has" to go to 5,000, despite being +23 handles in Nazzie futures, I continue to add to QQQ short. The redirection out of Hewlett and into Internet plays continues for the second day in a row. Again Jimmy Cramer wrote a great piece last night on this. Bank of America (BAC) is down on some concerns regarding CCAR risks in the company's 10-K. I would stay away from this name. The bank's latest quarter was god awful and it is so poorly managed. I prefer Citigroup (C) and my five smaller regional banks. RESI trades well and is at a day's high now. HLSS trades like there will be a competing and higher bid for the company. To complete the complex, OCN trades well after a multi-thousand sale of out-of-the-money puts. I expect the price of oil to be $47/barrel before $55/barrel. In reading the comments, IBM's investor day has been uninspiring. IBM remains a show-me stock. Anyone can make projections (just ask CAT's management).The presentation was long on "strategic imperatives," ecosystems, core competence, stewardship initiatives and a bunch of management consultant gobbledegook. "If you want to be short innovation, buy IBM's stock." (Hat tip Stan Druckenmiller) I am getting psyched for Warren's letter to Berkshire shareholders on Saturday morning. I am participating in a special project which analyzes The Oracle's shareholder letter with the Wall Street Journal.
Here's how I'm playing this takeover target and a pipeline.
Hewlett-Packard causes a flash flood into new tech from old.

The H-P Beat Goes On Real Money Pro($)

I have no intention of piling onto Hewlett-Packard (HPQ) today after its miserable report Tuesday. But, to me, HPQ is typical of today's reporting practices and procedures. It missed every number (revenue, gross margin, operating margin) and free cash flow was a total disaster, coming in at negative $73 million compared with a consensus estimate for $2.2 billion.
It's hard to get behind the stock after another quarter like this.
Feb 25, 2015 | 7:45 AM EST
Shares of HPQ now seen reaching $35, according to Cantor Fitzgerald. Estimates also reduced, as the company is seeing lower sales and b...

Low Confidence in ASPS and OCN Real Money Pro($)

I am only buying small in Altisource Portfolio Solutions (ASPS) and Ocwen Financial (OCN) as it is hard to have confidence in companies that have had such an awful capital allocation strategy over the last several years:
Jan 13, 2015 | 7:16 AM EST
HPQ was downgraded from Outperform to Sector Perform, Pacific Crest said. Valuation call, as the stock is up 145% over the past two yea...
No long-term signal is in place, so I'll keep watching.

Columnist Conversations

Reports on Tuesday. I am getting a little concerned on how the 2015 guidance will come in.
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