Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Shares of Hewlett Packard Enterprise Co climbed in early trading on Tuesday, along with some other stocks.
The company is poised to benefit from cost cuts, Juniper-related synergies and AI optionality, according to Bank of America Securities.
Analyst Wamsi Mohan upgraded the rating from Neutral to Buy, while raising the price target from $21 to $24.
The Thesis: The Juniper acquisition will lower the company's reliance on compute and "shift focus to the higher margin networking business," Mohan said in the upgrade note.
Check out other analyst stock ratings.
The analyst mentioned five reasons for the upgrade:
The tech company could leverage its partnership with Nvidia Corp and "capitalize on Juniper’s Mist platform utilizing A.I. in the networking market," he further wrote.
Price Action: Hewlett Packard shares spiked 6.09% to $18.28 at the time of publication on Tuesday.
Read More: Hewlett Packard Is A ‘Very Inexpensive’ Stock, Cramer Says
Courtesy Hewlett Packard Enterprise
Latest Ratings for HPE
Date | Firm | Action | From | To |
---|---|---|---|---|
Mar 2022 | Bernstein | Upgrades | Market Perform | Outperform |
Jan 2022 | Morgan Stanley | Maintains | Equal-Weight | |
Jan 2022 | Barclays | Upgrades | Equal-Weight | Overweight |
View More Analyst Ratings for HPE
View the Latest Analyst Ratings
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Palo Alto, California-based HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services. With a market cap of $32.6 billion, the company offers products that include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, computing, and printing systems.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and HPQ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the computer hardware industry. HP drives growth through its diverse, innovative product portfolio, spanning commercial and consumer markets. Strong demand for its personal systems, particularly in commercial PCs, fuels unit volume and revenue gains. At the forefront of innovation, HP introduces AI-powered PCs and hybrid systems tailored to the shifting landscape of hybrid work and learning environments.
Despite its notable strength, HPQ slipped 15.7% from its 52-week high of $39.52, achieved on May 30. Over the past three months, HPQ stock has declined 8.6%, underperforming the Dow Jones Industrials Average’s ($DOWI) 7.1% gains during the same time frame.
In the longer term, shares of HPQ rose 10.7% on a YTD basis, outperforming DOWI’s YTD gains of 9.8%. However, HPQ shares climbed 17.6% over the past 52 weeks, underperforming DOWI’s 19.7% returns over the same time frame.
To confirm the recent bearish trend, HPQ has been trading below its 50-day moving average recently. However, it is trading above its 200-day moving average since early May.
HPQ's overall performance can be attributed to its strategic approach to competitive pricing in response to rising commodity costs and a decline in Consumer PS shipments. Additionally, external factors such as the competitive landscape, with HPQ's Japanese rivals benefiting from a weaker Yen, slow market recovery, and underperformance in China, have also played a role in the company's underperformance.
On Aug. 28, HPQ reported its Q3 results, and its shares closed up more than 2% in the following trading session. Its revenue of $13.5 billion was better than the consensus of $13.4 billion. Its adjusted EPS declined 3.6% year over year to $0.83. For Q4, HPQ expects adjusted EPS to be between $0.89 and $0.99. The company estimates full-year adjusted EPS between $3.35 and $3.45.
In the competitive arena of computer hardware, Dell Technologies Inc. has taken the lead over HPQ, delivering 49.4% returns on a YTD basis and solid 62.2% gains over the past 52 weeks.
Wall Street analysts are moderately bullish on HPQ’s prospects. The stock has a consensus “Moderate Buy” rating from the 13 analysts covering it, and the mean price target of $35.54 suggests a potential upside of 6.7% from current price levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
Reporter Name | Lores Enrique |
Relationship | President and CEO |
Type | Sell |
Amount | $7,013,373 |
SEC Filing | Form 4 |
Enrique Lores, President and CEO of HP, sold 211,501 shares of common stock on September 12, 2024, for a total sale amount of $7,013,373. The weighted average price per share was $33.16, with transactions ranging from $32.96 to $33.40. Following the sale, Lores directly owns 3 shares and indirectly owns 888,908 shares of HP common stock through a limited partnership.
SEC Filing: HP INC [ HPQ ] - Form 4 - Sep. 13, 2024
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.