HP Inc. (HPQ) Equity Report (Q3FY23)
Stock performance: HP Inc. stock price showed a downward trend in the past 3-month period and gave (17%) return. The stock price declined by 11% in the past 1-year. The stock has a 52-week high of $33.90 and a 52-week low of $25.22.
Quarter Performance: In Q3FY23, revenue decreased 10% to $13.19bn as compared to $14.64bn in Q3FY22. In the nine-month period, revenue fell 17% to $39.9bn as compared to $48.13bn in the prior period. The decrease in net revenue was primarily driven by demand softness and lower ASPs in both Personal Systems and Printing as well as foreign currency impacts.
Management Guidance: For FY23, HPQ estimates NON-GAAP EPS to be in the range of $3.23 to $3.35.
The company’s management will run a cost-cutting initiative to streamline the company. This includes digitizing the company’s end-to-end processes, optimizing inventory, and lowering fixed costs.
This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.
– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– PE Band Comparison
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum
Actual & Historical Performance
– Income Statement
– Balance Sheet
– Cash Flow
– 10-Year Historical Performance
– Ratio Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Developments
– Price Performance
Stock Price Performance
No of Pages: 35
To download the previous quarter’s stock report CLICK HERE
To Download other stock reports CLICK HERE
Follow our LinkedIn page for more updates.