×
0.000458505272810546 0 0.00114626318202653 0.000458505272810546 0.00160476845483724 0.000917010545621255 0.00114626318202653 -0.00275103163686393
Stockreport

HP shares climb to highest level since Feb. 2011 as RBC hikes estimates and price target [MarketWatch]

HEWLETT-PACKARD (HPQ)  More Company Research Source: MarketWatch
Last hewlett-packard earnings: 5/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
PDF HP shares climb to highest level since Feb. 2011 as RBC hikes estimates and price target Shares of HP Inc. HPQ, +1.25% rose to their highest level since Feb. of 2011 early Wednesday, after RBC raised earnings estimates and its stock price target to incorporate new company guidance. "We think HPQ's FY18 guide is inherently conservative and could enable sustained beats/raises over the next few quarters," analysts led by Amit Daryanani wrote in a note. RBC raised its stock price target to $26 from $22, and lifted its fiscal 2018 EPS estimate to $1.81 from $1.74 and its revenue estimate to $52.0 billion from $50.8 billion. The company said it expects a flat year for printing and a down year for PCs, where it will mainly focus on adjacent markets and share gains. "Commodity markets should remain challenging but likely peak in FQ4 (October); that headwind should be offset by cost-reduction initiatives," said the note. Shares were last trading up 0.9% and have gained about 45% in 2017, wh [Read more]

IMPACT SNAPSHOT EVENT TIME: HPQ
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
HPQ alerts
from News Quantified