HP Inc. (HPQ, $23.85) misses fiscal Q1 sales estimates, shares slump -16% in early trading
Personal computing and printing company HP Inc. reported fiscal first-quarter 2019 revenue, which fell short of analysts’ estimates, The company’s earnings, however, managed to match expectations.
HP Inc.’s sales from its personal systems segment increased +2.3% year-over-year to $9.66 billion in the fiscal first quarter, compared to analysts’ average estimate of $9.74 billion (based on Refinitiv data). This business accounts for more than 60% of the company’s total revenue.
Revenue from its printing business came in at $5.06 billion, missing analysts’ expectations of $5.19 billion.
The company’s total revenue of $14.7 billion was +1% higher from the year-ago quarter, but was below analysts’ expectation of $14.8 billion.
Adjusted earnings for the quarter was 52 cents a share, in line with analysts’ estimates. Net income of $803 million was lower than the year-ago quarter’s $1.94 billion.
For the full fiscal year 2019, HP Inc, reaffirmed its earnings forecast in the range of $2.12 to $2.22 per share. Analysts were predicting $2.20 per share. The company also maintained its previous estimate for fiscal 2019 free cash flow of at least $3.7 billion.
HP Inc. shares were down nearly -16% in early trading Thursday.
INTC in +7.78% Uptrend, advancing for three consecutive days on March 18, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where INTC advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for INTC just turned positive on March 17, 2025. Looking at past instances where INTC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
INTC moved above its 50-day moving average on March 13, 2025 date and that indicates a change from a downward trend to an upward trend.
Bearish Trend Analysis
The 10-day RSI Indicator for INTC moved out of overbought territory on February 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where INTC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on INTC as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INTC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.022) is normal, around the industry mean (9.662). P/E Ratio (97.750) is within average values for comparable stocks, (70.102). Projected Growth (PEG Ratio) (1.359) is also within normal values, averaging (2.410). Dividend Yield (0.011) settles around the average of (0.022) among similar stocks. P/S Ratio (1.888) is also within normal values, averaging (36.112).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. INTC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. INTC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock worse than average.
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a manufacturer of computer components and related products
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