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HP Inc
Buy, Hold or Sell?

Let's analyse Hp together

PenkeI guess you are interested in HP Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of HP Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hp (30 sec.)










What can you expect buying and holding a share of Hp? (30 sec.)

How much money do you get?

How much money do you get?
€1.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€-1.53
Expected worth in 1 year
€0.43
How sure are you?
38.9%

+ What do you gain per year?

Total Gains per Share
€2.95
Return On Investment
10.7%

For what price can you sell your share?

Current Price per Share
€27.61
Expected price per share
€23.70 - €28.47
How sure are you?
50%

1. Valuation of Hp (5 min.)




Live pricePrice per Share (EOD)

€27.61

Intrinsic Value Per Share

€-7.34 - €-10.30

Total Value Per Share

€-8.88 - €-11.84

2. Growth of Hp (5 min.)




Is Hp growing?

Current yearPrevious yearGrowGrow %
How rich?-$1.6b-$2.7b$856.5m46.1%

How much money is Hp making?

Current yearPrevious yearGrowGrow %
Making money$857m$651m$206m24.0%
Net Profit Margin6.5%4.3%--

How much money comes from the company's main activities?

3. Financial Health of Hp (5 min.)




4. Comparing to competitors in the Computer Hardware industry (5 min.)




  Industry Rankings (Computer Hardware)  


Richest
#203 / 205

Most Revenue
#4 / 205

Most Profit
#1 / 205

What can you expect buying and holding a share of Hp? (5 min.)

Welcome investor! Hp's management wants to use your money to grow the business. In return you get a share of Hp.

What can you expect buying and holding a share of Hp?

First you should know what it really means to hold a share of Hp. And how you can make/lose money.

Speculation

The Price per Share of Hp is €27.61. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €-1.53. Based on the TTM, the Book Value Change Per Share is €0.49 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.36 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.632.3%0.863.1%0.642.3%0.833.0%0.833.0%
Usd Book Value Change Per Share-0.58-2.1%0.531.9%-0.39-1.4%-0.09-0.3%-0.09-0.3%
Usd Dividend Per Share0.281.0%0.271.0%0.250.9%0.230.8%0.230.8%
Usd Total Gains Per Share-0.30-1.1%0.802.9%-0.14-0.5%0.130.5%0.130.5%
Usd Price Per Share28.92-29.19-33.08-26.45-26.45-
Price to Earnings Ratio11.49-8.88--944.98--203.78--203.78-
Price-to-Total Gains Ratio-96.57-0.97--69.12--143.38--143.38-
Price to Book Ratio-17.43--16.92--13.64--14.85--14.85-
Price-to-Total Gains Ratio-96.57-0.97--69.12--143.38--143.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share29.865737
Number of shares33
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.270.23
Usd Book Value Change Per Share0.53-0.09
Usd Total Gains Per Share0.800.13
Gains per Quarter (33 shares)26.344.43
Gains per Year (33 shares)105.3717.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
135709530-128
27014020060-2426
310621130590-3744
4141281410120-4962
5176351515149-6180
6211421620179-7398
7246491725209-85116
8281562830239-97134
9317632935269-110152
103527021040299-122170

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%17.01.00.094.4%17.01.00.094.4%17.01.00.094.4%
Book Value Change Per Share3.01.00.075.0%5.07.00.041.7%7.011.00.038.9%7.011.00.038.9%7.011.00.038.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share3.01.00.075.0%5.07.00.041.7%7.011.00.038.9%7.011.00.038.9%7.011.00.038.9%

Fundamentals of Hp

About HP Inc

HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, commercial mobility devices, thin clients, retail point-of-sale systems, displays, software, support, and services, as well as hybrid systems, such as video conferencing solutions, cameras, headsets, voice, and related software products. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as focuses on graphics and 3D printing and personalization solutions in the commercial and industrial markets. The Corporate Investments segment is involved in the business incubation and investment projects. It serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

Fundamental data was last updated by Penke on 2024-03-27 15:26:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of HP Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hp earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • A Net Profit Margin of 4.7% means that €0.05 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of HP Inc:

  • The MRQ is 4.7%. The company is making a profit. +1
  • The TTM is 6.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.7%TTM6.5%-1.7%
TTM6.5%YOY4.3%+2.2%
TTM6.5%5Y6.3%+0.2%
5Y6.3%10Y6.3%0.0%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7%2.9%+1.8%
TTM6.5%2.9%+3.6%
YOY4.3%3.3%+1.0%
5Y6.3%2.8%+3.5%
10Y6.3%2.8%+3.5%
1.1.2. Return on Assets

Shows how efficient Hp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • 1.7% Return on Assets means that Hp generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of HP Inc:

  • The MRQ is 1.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.7%TTM2.3%-0.6%
TTM2.3%YOY1.7%+0.7%
TTM2.3%5Y2.6%-0.2%
5Y2.6%10Y2.6%0.0%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%0.8%+0.9%
TTM2.3%0.8%+1.5%
YOY1.7%1.0%+0.7%
5Y2.6%0.9%+1.7%
10Y2.6%1.0%+1.6%
1.1.3. Return on Equity

Shows how efficient Hp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • 0.0% Return on Equity means Hp generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of HP Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.7%-1.7%
TTM-1.8%-1.8%
YOY-2.5%-2.5%
5Y-2.0%-2.0%
10Y-2.0%-2.0%

1.2. Operating Efficiency of HP Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hp is operating .

  • Measures how much profit Hp makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of HP Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.1%-6.1%
TTM6.1%YOY8.0%-1.9%
TTM6.1%5Y7.5%-1.5%
5Y7.5%10Y7.5%0.0%
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.5%-2.5%
TTM6.1%1.3%+4.8%
YOY8.0%3.6%+4.4%
5Y7.5%2.9%+4.6%
10Y7.5%2.4%+5.1%
1.2.2. Operating Ratio

Measures how efficient Hp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Computer Hardware industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are €1.70 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of HP Inc:

  • The MRQ is 1.703. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.700. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.703TTM1.700+0.003
TTM1.700YOY1.723-0.023
TTM1.7005Y1.720-0.020
5Y1.72010Y1.7200.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7031.665+0.038
TTM1.7001.674+0.026
YOY1.7231.674+0.049
5Y1.7201.656+0.064
10Y1.7201.435+0.285

1.3. Liquidity of HP Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Computer Hardware industry mean).
  • A Current Ratio of 0.71 means the company has €0.71 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of HP Inc:

  • The MRQ is 0.707. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.711. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.707TTM0.711-0.004
TTM0.711YOY0.780-0.069
TTM0.7115Y0.754-0.043
5Y0.75410Y0.7540.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7071.967-1.260
TTM0.7111.948-1.237
YOY0.7801.888-1.108
5Y0.7541.963-1.209
10Y0.7541.801-1.047
1.3.2. Quick Ratio

Measures if Hp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • A Quick Ratio of 0.16 means the company can pay off €0.16 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of HP Inc:

  • The MRQ is 0.159. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.159TTM0.242-0.082
TTM0.242YOY0.273-0.031
TTM0.2425Y0.280-0.039
5Y0.28010Y0.2800.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1590.729-0.570
TTM0.2420.727-0.485
YOY0.2730.772-0.499
5Y0.2800.856-0.576
10Y0.2800.863-0.583

1.4. Solvency of HP Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hp to Computer Hardware industry mean.
  • A Debt to Asset Ratio of 1.05 means that Hp assets are financed with 104.6% credit (debt) and the remaining percentage (100% - 104.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of HP Inc:

  • The MRQ is 1.046. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.051. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.046TTM1.051-0.005
TTM1.051YOY1.071-0.020
TTM1.0515Y1.063-0.011
5Y1.06310Y1.0630.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0460.448+0.598
TTM1.0510.453+0.598
YOY1.0710.460+0.611
5Y1.0630.479+0.584
10Y1.0630.464+0.599
1.4.2. Debt to Equity Ratio

Measures if Hp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hp to the Computer Hardware industry mean.
  • A Debt to Equity ratio of 0.0% means that company has €0.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of HP Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.810-0.810
TTM-0.820-0.820
YOY-0.863-0.863
5Y-0.941-0.941
10Y-0.921-0.921

2. Market Valuation of HP Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Hp generates.

  • Above 15 is considered overpriced but always compare Hp to the Computer Hardware industry mean.
  • A PE ratio of 11.49 means the investor is paying €11.49 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of HP Inc:

  • The EOD is 11.863. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.489. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.882. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.863MRQ11.489+0.374
MRQ11.489TTM8.882+2.607
TTM8.882YOY-944.977+953.860
TTM8.8825Y-203.782+212.665
5Y-203.78210Y-203.7820.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD11.86313.359-1.496
MRQ11.48912.384-0.895
TTM8.88214.156-5.274
YOY-944.97710.996-955.973
5Y-203.78214.423-218.205
10Y-203.78215.604-219.386
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of HP Inc:

  • The EOD is -199.422. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -193.138. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -41.467. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-199.422MRQ-193.138-6.284
MRQ-193.138TTM-41.467-151.671
TTM-41.467YOY11.490-52.956
TTM-41.4675Y-4.561-36.906
5Y-4.56110Y-4.5610.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD-199.4222.931-202.353
MRQ-193.1383.210-196.348
TTM-41.4670.656-42.123
YOY11.490-0.076+11.566
5Y-4.5610.097-4.658
10Y-4.5610.691-5.252
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Computer Hardware industry mean).
  • A PB ratio of -17.43 means the investor is paying €-17.43 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of HP Inc:

  • The EOD is -17.997. Based on the equity, the company is expensive. -2
  • The MRQ is -17.430. Based on the equity, the company is expensive. -2
  • The TTM is -16.916. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-17.997MRQ-17.430-0.567
MRQ-17.430TTM-16.916-0.513
TTM-16.916YOY-13.636-3.280
TTM-16.9165Y-14.849-2.067
5Y-14.84910Y-14.8490.000
Compared to industry (Computer Hardware)
PeriodCompanyIndustry (mean)+/- 
EOD-17.9971.820-19.817
MRQ-17.4301.916-19.346
TTM-16.9161.865-18.781
YOY-13.6361.578-15.214
5Y-14.8491.804-16.653
10Y-14.8491.733-16.582
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of HP Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.5340.492-209%-0.364-32%-0.085-84%-0.085-84%
Book Value Per Share---1.534-1.741+13%-2.488+62%-1.881+23%-1.881+23%
Current Ratio--0.7070.711-1%0.780-9%0.754-6%0.754-6%
Debt To Asset Ratio--1.0461.051-1%1.071-2%1.063-2%1.063-2%
Debt To Equity Ratio----0%-0%-0%-0%
Dividend Per Share--0.2570.246+4%0.234+10%0.209+23%0.209+23%
Eps--0.5820.795-27%0.587-1%0.768-24%0.768-24%
Free Cash Flow Per Share---0.0350.733-105%0.474-107%0.773-104%0.773-104%
Free Cash Flow To Equity Per Share---0.697-0.036-95%0.296-335%0.044-1699%0.044-1699%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---10.304--------
Intrinsic Value_10Y_min---7.344--------
Intrinsic Value_1Y_max--2.684--------
Intrinsic Value_1Y_min--2.639--------
Intrinsic Value_3Y_max--5.232--------
Intrinsic Value_3Y_min--5.052--------
Intrinsic Value_5Y_max--4.366--------
Intrinsic Value_5Y_min--4.296--------
Market Cap27015861072.640+2%26426306936.54026655316149.183-1%31100700111.711-15%27029497730.756-2%27029497730.756-2%
Net Profit Margin--0.0470.065-27%0.043+10%0.063-25%0.063-25%
Operating Margin---0.061-100%0.080-100%0.075-100%0.075-100%
Operating Ratio--1.7031.700+0%1.723-1%1.720-1%1.720-1%
Pb Ratio-17.997-3%-17.430-16.916-3%-13.636-22%-14.849-15%-14.849-15%
Pe Ratio11.863+3%11.4898.882+29%-944.977+8325%-203.782+1874%-203.782+1874%
Price Per Share27.610+3%26.74026.988-1%30.579-13%24.455+9%24.455+9%
Price To Free Cash Flow Ratio-199.422-3%-193.138-41.467-79%11.490-1781%-4.561-98%-4.561-98%
Price To Total Gains Ratio-99.711-3%-96.5690.967-10086%-69.118-28%-143.380+48%-143.380+48%
Quick Ratio--0.1590.242-34%0.273-41%0.280-43%0.280-43%
Return On Assets--0.0170.023-26%0.017+4%0.026-33%0.026-33%
Return On Equity----0%-0%-0%-0%
Total Gains Per Share---0.2770.738-138%-0.131-53%0.124-323%0.124-323%
Usd Book Value---1640051906.000-1859558853.175+13%-2716085961.400+66%-2255682501.203+38%-2255682501.203+38%
Usd Book Value Change Per Share---0.5780.532-209%-0.394-32%-0.092-84%-0.092-84%
Usd Book Value Per Share---1.660-1.883+13%-2.691+62%-2.035+23%-2.035+23%
Usd Dividend Per Share--0.2780.267+4%0.253+10%0.226+23%0.226+23%
Usd Eps--0.6290.860-27%0.635-1%0.831-24%0.831-24%
Usd Free Cash Flow---37001171.050783274789.863-105%520016458.000-107%897806192.444-104%897806192.444-104%
Usd Free Cash Flow Per Share---0.0370.793-105%0.512-107%0.837-104%0.837-104%
Usd Free Cash Flow To Equity Per Share---0.754-0.039-95%0.321-335%0.047-1699%0.047-1699%
Usd Market Cap29223056922.275+2%28585336213.25528833055478.571-1%33641627310.838-15%29237807695.359-2%29237807695.359-2%
Usd Price Per Share29.866+3%28.92529.192-1%33.077-13%26.453+9%26.453+9%
Usd Profit--622019686.300857027124.050-27%651020604.150-4%936307410.969-34%936307410.969-34%
Usd Revenue--13185417305.25013278170240.788-1%14946223032.988-12%14747966758.375-11%14747966758.375-11%
Usd Total Gains Per Share---0.3000.798-138%-0.141-53%0.134-323%0.134-323%
 EOD+5 -3MRQTTM+9 -24YOY+12 -215Y+11 -2210Y+11 -22

3.2. Fundamental Score

Let's check the fundamental score of HP Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.863
Price to Book Ratio (EOD)Between0-1-17.997
Net Profit Margin (MRQ)Greater than00.047
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.159
Current Ratio (MRQ)Greater than10.707
Debt to Asset Ratio (MRQ)Less than11.046
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.017
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of HP Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.279
Ma 20Greater thanMa 5027.495
Ma 50Greater thanMa 10026.997
Ma 100Greater thanMa 20026.766
OpenGreater thanClose27.580
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-01-31. Currency in USD. All numbers in thousands.

Summary
Total Assets35,846,000
Total Liabilities37,486,000
Total Stockholder Equity-1,640,000
 As reported
Total Liabilities 37,486,000
Total Stockholder Equity+ -1,640,000
Total Assets = 35,846,000

Assets

Total Assets35,846,000
Total Current Assets16,858,000
Long-term Assets18,988,000
Total Current Assets
Cash And Cash Equivalents 2,263,000
Net Receivables 3,804,000
Inventory 6,928,000
Other Current Assets 1,376,000
Total Current Assets  (as reported)16,858,000
Total Current Assets  (calculated)14,371,000
+/- 2,487,000
Long-term Assets
Property Plant Equipment 3,972,000
Goodwill 8,610,000
Intangible Assets 1,519,000
Long-term Assets Other 850,000
Long-term Assets  (as reported)18,988,000
Long-term Assets  (calculated)14,951,000
+/- 4,037,000

Liabilities & Shareholders' Equity

Total Current Liabilities23,857,000
Long-term Liabilities13,629,000
Total Stockholder Equity-1,640,000
Total Current Liabilities
Short Long Term Debt 359,000
Accounts payable 13,255,000
Other Current Liabilities 6,359,000
Total Current Liabilities  (as reported)23,857,000
Total Current Liabilities  (calculated)19,973,000
+/- 3,884,000
Long-term Liabilities
Long term Debt 9,301,000
Capital Lease Obligations Min Short Term Debt1,274,000
Long-term Liabilities Other 637,000
Long-term Liabilities  (as reported)13,629,000
Long-term Liabilities  (calculated)11,212,000
+/- 2,417,000
Total Stockholder Equity
Retained Earnings -2,771,000
Total Stockholder Equity (as reported)-1,640,000
Total Stockholder Equity (calculated)-2,771,000
+/- 1,131,000
Other
Capital Stock10,000
Common Stock Shares Outstanding 988,269
Net Debt 7,397,000
Net Invested Capital 8,020,000
Net Working Capital -6,999,000
Property Plant and Equipment Gross 8,965,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-31
> Total Assets 
33,467,000
31,656,000
33,773,000
34,244,000
34,681,000
34,737,000
34,549,000
35,523,000
38,610,000
38,912,000
39,901,000
39,247,000
38,587,000
36,148,000
36,366,000
36,632,000
37,004,000
35,846,000
35,846,00037,004,00036,632,00036,366,00036,148,00038,587,00039,247,00039,901,00038,912,00038,610,00035,523,00034,549,00034,737,00034,681,00034,244,00033,773,00031,656,00033,467,000
   > Total Current Assets 
20,177,000
17,477,000
19,660,000
20,269,000
20,648,000
20,438,000
20,091,000
20,603,000
22,170,000
22,432,000
23,515,000
22,996,000
19,801,000
17,305,000
17,023,000
17,463,000
17,977,000
16,858,000
16,858,00017,977,00017,463,00017,023,00017,305,00019,801,00022,996,00023,515,00022,432,00022,170,00020,603,00020,091,00020,438,00020,648,00020,269,00019,660,00017,477,00020,177,000
       Cash And Cash Equivalents 
4,537,000
4,205,000
4,054,000
4,679,000
4,864,000
4,160,000
3,424,000
3,439,000
4,299,000
3,394,000
4,477,000
5,386,000
3,145,000
1,769,000
1,940,000
1,718,000
3,232,000
2,263,000
2,263,0003,232,0001,718,0001,940,0001,769,0003,145,0005,386,0004,477,0003,394,0004,299,0003,439,0003,424,0004,160,0004,864,0004,679,0004,054,0004,205,0004,537,000
       Short-term Investments 
0
288,000
0
0
274,000
0
12,000
8,000
5,000
5,000
0
0
0
0
0
0
0
0
000000005,0005,0008,00012,0000274,00000288,0000
       Net Receivables 
6,031,000
7,016,000
8,079,000
8,222,000
8,443,000
8,446,000
7,864,000
7,960,000
8,849,000
8,675,000
8,255,000
7,543,000
6,891,000
6,507,000
6,323,000
7,097,000
6,438,000
3,804,000
3,804,0006,438,0007,097,0006,323,0006,507,0006,891,0007,543,0008,255,0008,675,0008,849,0007,960,0007,864,0008,446,0008,443,0008,222,0008,079,0007,016,0006,031,000
       Inventory 
5,734,000
4,946,000
6,354,000
5,896,000
5,963,000
6,668,000
7,502,000
8,165,000
7,930,000
9,018,000
8,944,000
8,192,000
7,595,000
7,344,000
7,221,000
7,197,000
6,862,000
6,928,000
6,928,0006,862,0007,197,0007,221,0007,344,0007,595,0008,192,0008,944,0009,018,0007,930,0008,165,0007,502,0006,668,0005,963,0005,896,0006,354,0004,946,0005,734,000
       Other Current Assets 
3,875,000
339,000
419,000
169,000
226,000
62,000
85,000
157,000
278,000
361,000
789,000
732,000
868,000
245,000
230,000
223,000
454,000
1,376,000
1,376,000454,000223,000230,000245,000868,000732,000789,000361,000278,000157,00085,00062,000226,000169,000419,000339,0003,875,000
   > Long-term Assets 
13,290,000
14,179,000
14,113,000
13,975,000
14,033,000
14,299,000
14,458,000
14,920,000
16,440,000
16,480,000
16,386,000
16,251,000
18,786,000
18,843,000
19,343,000
19,169,000
19,027,000
18,988,000
18,988,00019,027,00019,169,00019,343,00018,843,00018,786,00016,251,00016,386,00016,480,00016,440,00014,920,00014,458,00014,299,00014,033,00013,975,00014,113,00014,179,00013,290,000
       Property Plant Equipment 
2,794,000
3,868,000
3,825,000
3,757,000
3,734,000
3,651,000
3,612,000
3,614,000
3,738,000
3,793,000
3,711,000
3,770,000
2,774,000
2,764,000
2,771,000
2,783,000
2,827,000
3,972,000
3,972,0002,827,0002,783,0002,771,0002,764,0002,774,0003,770,0003,711,0003,793,0003,738,0003,614,0003,612,0003,651,0003,734,0003,757,0003,825,0003,868,0002,794,000
       Goodwill 
6,372,000
6,387,000
6,370,000
6,386,000
6,380,000
6,404,000
6,524,000
6,628,000
6,803,000
6,821,000
6,801,000
6,809,000
8,541,000
8,592,000
8,618,000
8,614,000
8,591,000
8,610,000
8,610,0008,591,0008,614,0008,618,0008,592,0008,541,0006,809,0006,801,0006,821,0006,803,0006,628,0006,524,0006,404,0006,380,0006,386,0006,370,0006,387,0006,372,000
       Long Term Investments 
56,000
0
52,000
57,000
58,000
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000058,00057,00052,000056,000
       Intangible Assets 
661,000
632,000
592,000
572,000
540,000
525,000
572,000
741,000
784,000
716,000
651,000
595,000
1,933,000
1,858,000
1,776,000
1,690,000
1,593,000
1,519,000
1,519,0001,593,0001,690,0001,776,0001,858,0001,933,000595,000651,000716,000784,000741,000572,000525,000540,000572,000592,000632,000661,000
       Other Assets 
3,403,000
3,228,000
3,260,000
3,197,000
3,321,000
3,719,000
3,750,000
3,882,000
4,985,000
5,074,000
5,155,000
4,968,000
4,192,000
4,277,000
4,937,000
4,911,000
4,717,000
0
04,717,0004,911,0004,937,0004,277,0004,192,0004,968,0005,155,0005,074,0004,985,0003,882,0003,750,0003,719,0003,321,0003,197,0003,260,0003,228,0003,403,000
> Total Liabilities 
34,660,000
33,290,000
34,516,000
36,230,000
36,909,000
37,972,000
37,909,000
39,465,000
40,260,000
41,240,000
41,799,000
41,565,000
41,505,000
39,878,000
38,850,000
38,877,000
38,073,000
37,486,000
37,486,00038,073,00038,877,00038,850,00039,878,00041,505,00041,565,00041,799,00041,240,00040,260,00039,465,00037,909,00037,972,00036,909,00036,230,00034,516,00033,290,00034,660,000
   > Total Current Liabilities 
25,293,000
23,867,000
25,276,000
25,026,000
26,220,000
27,880,000
28,029,000
27,667,000
29,096,000
30,199,000
28,906,000
26,809,000
26,153,000
25,053,000
24,034,000
25,190,000
24,488,000
23,857,000
23,857,00024,488,00025,190,00024,034,00025,053,00026,153,00026,809,00028,906,00030,199,00029,096,00027,667,00028,029,00027,880,00026,220,00025,026,00025,276,00023,867,00025,293,000
       Short Long Term Debt 
357,000
923,000
1,551,000
276,000
674,000
1,238,000
1,222,000
214,000
1,106,000
689,000
694,000
705,000
218,000
422,000
240,000
443,000
230,000
359,000
359,000230,000443,000240,000422,000218,000705,000694,000689,0001,106,000214,0001,222,0001,238,000674,000276,0001,551,000923,000357,000
       Accounts payable 
14,793,000
12,808,000
14,195,000
14,276,000
14,704,000
14,960,000
15,228,000
15,898,000
16,075,000
18,070,000
17,004,000
15,514,000
15,284,000
13,512,000
13,317,000
14,123,000
14,046,000
13,255,000
13,255,00014,046,00014,123,00013,317,00013,512,00015,284,00015,514,00017,004,00018,070,00016,075,00015,898,00015,228,00014,960,00014,704,00014,276,00014,195,00012,808,00014,793,000
       Other Current Liabilities 
6,565,000
5,098,000
4,549,000
5,243,000
5,137,000
6,044,000
5,478,000
5,642,000
5,532,000
5,548,000
5,235,000
5,232,000
5,261,000
5,804,000
5,091,000
5,235,000
4,689,000
6,359,000
6,359,0004,689,0005,235,0005,091,0005,804,0005,261,0005,232,0005,235,0005,548,0005,532,0005,642,0005,478,0006,044,0005,137,0005,243,0004,549,0005,098,0006,565,000
   > Long-term Liabilities 
9,367,000
9,423,000
9,240,000
11,204,000
10,689,000
10,092,000
9,880,000
11,798,000
11,164,000
11,041,000
12,893,000
14,756,000
15,352,000
14,825,000
14,816,000
13,687,000
13,585,000
13,629,000
13,629,00013,585,00013,687,00014,816,00014,825,00015,352,00014,756,00012,893,00011,041,00011,164,00011,798,0009,880,00010,092,00010,689,00011,204,0009,240,0009,423,0009,367,000
       Long term Debt 
4,780,000
3,932,000
3,941,000
5,981,000
5,543,000
4,939,000
4,917,000
6,898,000
6,386,000
6,368,000
8,304,000
10,294,000
10,796,000
10,337,000
10,360,000
9,236,000
9,254,000
9,301,000
9,301,0009,254,0009,236,00010,360,00010,337,00010,796,00010,294,0008,304,0006,368,0006,386,0006,898,0004,917,0004,939,0005,543,0005,981,0003,941,0003,932,0004,780,000
       Capital Lease Obligations Min Short Term Debt
0
1,175,000
1,141,000
1,161,000
1,179,000
1,199,000
1,175,000
1,208,000
1,286,000
1,269,000
1,173,000
1,211,000
1,280,000
1,334,000
1,336,000
1,268,000
1,255,000
1,274,000
1,274,0001,255,0001,268,0001,336,0001,334,0001,280,0001,211,0001,173,0001,269,0001,286,0001,208,0001,175,0001,199,0001,179,0001,161,0001,141,0001,175,0000
       Other Liabilities 
4,587,000
4,571,000
4,400,000
4,319,000
4,239,000
4,245,000
4,087,000
3,989,000
3,818,000
3,733,000
3,711,000
3,576,000
3,603,000
3,521,000
3,514,000
3,559,000
3,448,000
0
03,448,0003,559,0003,514,0003,521,0003,603,0003,576,0003,711,0003,733,0003,818,0003,989,0004,087,0004,245,0004,239,0004,319,0004,400,0004,571,0004,587,000
       Long-term Liabilities Other 
848,000
919,000
854,000
907,000
5,146,000
5,153,000
4,963,000
4,900,000
4,778,000
4,673,000
846,000
4,462,000
4,556,000
4,488,000
4,456,000
4,451,000
4,331,000
637,000
637,0004,331,0004,451,0004,456,0004,488,0004,556,0004,462,000846,0004,673,0004,778,0004,900,0004,963,0005,153,0005,146,000907,000854,000919,000848,000
       Deferred Long Term Liability 
30,000
32,000
0
0
34,000
0
0
0
36,000
0
0
0
34,000
0
0
0
44,000
0
044,00000034,00000036,00000034,0000032,00030,000
> Total Stockholder Equity
-1,193,000
-1,634,000
-743,000
-1,986,000
-2,228,000
-3,235,000
-3,360,000
-3,942,000
-1,650,000
-2,328,000
-1,898,000
-2,318,000
-2,918,000
-3,730,000
-2,484,000
-2,245,000
-1,069,000
-1,640,000
-1,640,000-1,069,000-2,245,000-2,484,000-3,730,000-2,918,000-2,318,000-1,898,000-2,328,000-1,650,000-3,942,000-3,360,000-3,235,000-2,228,000-1,986,000-743,000-1,634,000-1,193,000
   Common Stock
15,000
14,000
14,000
14,000
13,000
13,000
12,000
12,000
11,000
11,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
0
010,00010,00010,00010,00010,00010,00010,00011,00011,00012,00012,00013,00013,00014,00014,00014,00015,000
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
-1,225,000
-1,208,000
-1,050,000
-1,605,000
-1,243,000
-1,473,000
-1,320,000
-1,133,000
-260,000
-16,000
347,000
237,000
313,000
-456,000
-368,000
-354,000
-223,000
0
0-223,000-354,000-368,000-456,000313,000237,000347,000-16,000-260,000-1,133,000-1,320,000-1,473,000-1,243,000-1,605,000-1,050,000-1,208,000-1,225,000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-10-31)

Gross Profit (+$)
totalRevenue53,718,000
Cost of Revenue-42,210,000
Gross Profit11,508,00011,508,000
 
Operating Income (+$)
Gross Profit11,508,000
Operating Expense-49,495,000
Operating Income4,223,000-37,987,000
 
Operating Expense (+$)
Research Development1,578,000
Selling General Administrative5,357,000
Selling And Marketing Expenses-
Operating Expense49,495,0006,935,000
 
Net Interest Income (+$)
Interest Income-
Interest Expense-548,000
Other Finance Cost-29,000
Net Interest Income-519,000
 
Pretax Income (+$)
Operating Income4,223,000
Net Interest Income-519,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,937,0004,990,000
EBIT - interestExpense = 3,676,000
2,937,000
3,811,000
Interest Expense548,000
Earnings Before Interest and Taxes (EBIT)4,224,0003,485,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax2,937,000
Tax Provision--326,000
Net Income From Continuing Ops3,263,0003,263,000
Net Income3,263,000
Net Income Applicable To Common Shares3,263,000
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-767,000519,000
 

Technical Analysis of Hp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hp. The general trend of Hp is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of HP Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 27.92 < 28.06 < 28.47.

The bearish price targets are: 25.50 > 24.17 > 23.70.

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HP Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of HP Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

HP Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of HP Inc. The current macd is 0.18536447.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hp price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
HP Inc Daily Moving Average Convergence/Divergence (MACD) ChartHP Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of HP Inc. The current adx is 10.14.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
HP Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of HP Inc. The current sar is 27.25.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
HP Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of HP Inc. The current rsi is 53.28. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
HP Inc Daily Relative Strength Index (RSI) ChartHP Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of HP Inc. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hp price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
HP Inc Daily Stochastic Oscillator ChartHP Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of HP Inc. The current cci is 19.94.

HP Inc Daily Commodity Channel Index (CCI) ChartHP Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of HP Inc. The current cmo is 5.24031551.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
HP Inc Daily Chande Momentum Oscillator (CMO) ChartHP Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of HP Inc. The current willr is -52.67857143.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Hp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
HP Inc Daily Williams %R ChartHP Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of HP Inc.

HP Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of HP Inc. The current atr is 0.33186418.

HP Inc Daily Average True Range (ATR) ChartHP Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of HP Inc. The current obv is -18,829.

HP Inc Daily On-Balance Volume (OBV) ChartHP Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of HP Inc. The current mfi is 68.35.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
HP Inc Daily Money Flow Index (MFI) ChartHP Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HP Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-30 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-04 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-19 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-16 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-23 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-05 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

HP Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of HP Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.279
Ma 20Greater thanMa 5027.495
Ma 50Greater thanMa 10026.997
Ma 100Greater thanMa 20026.766
OpenGreater thanClose27.580
Total4/5 (80.0%)
Penke

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