Hp Inc Intrinsic Stock Value – HP Reports In-Line Non-GAAP EPS of $0.90, Revenue Misses by $40M
December 19, 2023
🌧️Trending News
HP ($NYSE:HPQ) Inc. recently reported an in-line non-GAAP earnings per share (EPS) of $0.90 for the fourth quarter of its 2021 fiscal year, but revenue of $13.82B came in slightly lower than expectations by $40M. HP Inc., formerly Hewlett-Packard, is an American multinational information technology company that specializes in delivering innovative products and services for businesses and consumers. It is the world’s largest personal computer vendor and produces a broad range of products, including inkjet and laser printers, PCs, laptops, servers, storage devices, digital cameras, software, networking solutions, and more. The company has seen strong growth in its printing equipment sales, as well as continued success in its consumer and commercial PC businesses. Despite the revenue miss this quarter, HP Inc. is well-positioned to continue its growth trajectory with its diverse portfolio of offerings, as well as its focus on innovation and customer service.
Earnings
HP Inc. reported in-line non-GAAP earnings per share of $0.90 for its fiscal year 2023 third quarter ending July 31 2021. The total revenue for the quarter was 15.29 billion USD, a 4.3% increase compared to the same quarter last year. Net income for the quarter was 1.11 billion USD, a 0.9% decrease compared to the same quarter last year.
HP Inc. reported total revenue of 15.29 billion USD in the latest earning report, a decrease of 13.2 billion USD from three years ago. Despite the decrease in revenue, HP Inc. was able to maintain in-line non-GAAP earnings per share at $0.90, indicating that the company is effectively managing its resources and cost structure.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hp Inc. More…
| Total Revenues | Net Income | Net Margin |
| 53.72k | 3.26k | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hp Inc. More…
| Operations | Investing | Financing |
| 3.57k | -590 | -2.89k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hp Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 37k | 38.07k | -2.27 |
Key Ratios Snapshot
Some of the financial key ratios for Hp Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.7% | 4.3% | 7.9% |
| FCF Margin | ROE | ROA |
| 5.5% | -117.6% | 7.1% |
Price History
On Tuesday, HP Inc. reported non-GAAP earnings per share of $0.90, which was in line with the market expectation. The lackluster performance was attributed to lower demand from personal systems business, primarily in U.S and EMEA regions. Moreover, weak performance from its printing business also contributed to the miss. Analysts remain cautious on HP Inc near-term outlook, as the company continues to experience a challenging market environment. Live Quote…
Analysis – Hp Inc Intrinsic Stock Value
GoodWhale has conducted an analysis of HP INC‘s fundamentals and we have calculated the fair value of HP INC share at around $34.9, using our proprietary Valuation Line. Currently, HP INC stock is being traded at $27.9, showing a 20.1% undervaluation. This provides investors with an opportunity to invest in HP INC at a discount. Further, given the strength of HP INC’s fundamentals, investors may expect to earn higher returns on their investments as the share price reverts to its fair value. More…
Peers
Its main competitors are Stratasys Ltd, Kinpo Electronics Inc, and AstroNova Inc. HP Inc has a strong market share and brand recognition, and is a reliable and innovative company.
– Stratasys Ltd ($NASDAQ:SSYS)
Stratasys Ltd is a 3D printing company that provides additive manufacturing solutions to customers in a variety of industries, including healthcare, aerospace, automotive, and consumer products. The company has a market cap of $898.47 million and a return on equity of -5.22%. Stratasys is headquartered in Eden Prairie, Minnesota.
– Kinpo Electronics Inc ($TWSE:2312)
Kinpo Electronics is a Taiwanese electronics manufacturer. The company has a market cap of 20.65 billion as of 2022 and a return on equity of 8.34%. The company manufactures electronics products for a variety of brands, including Canon, Nikon, and Sony.
– AstroNova Inc ($NASDAQ:ALOT)
AstroNova Inc is a publicly traded company with a market capitalization of $85.59 million as of 2022. The company’s return on equity (ROE) for the same year was 0.7%. AstroNova Inc is engaged in the design, manufacture, and marketing of a broad range of specialty printers, and data acquisition and analysis systems. The company’s products are used in a range of applications, including aerospace, test and measurement, medical, and industrial.
Summary
HP Inc recently reported its first quarter financial results for 2021. The company reported a non-GAAP earnings per share (EPS) of $0.90, which was in line with analysts’ expectations. Revenue came in at $13.82 billion, missing estimates by $40 million. Despite the shortfall in revenue, HP’s results were supported by a strong performance in its portfolio of printing, personal systems and services businesses. Investment analysis of HP Inc suggests that the company is well-positioned for growth backed by improving macroeconomic conditions as well as its focus on cloud computing and digital transformation. The company has also launched several innovative products and services to expand its customer base and drive long-term growth.
Additionally, HP has a strong balance sheet which should help it to weather any potential economic downturns.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
