HP: Xerox Withdrawal Shifts The Narrative Toward The $8bn Buyback [Seeking Alpha]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
h30261.www3.hp.com
Company Research
Source: Seeking Alpha
SummaryAs expected, Xerox withdraws its bid for HPQ.All-clear for the $8bn buyback program to unfold over the next twelve months.HPQ screens cheaply at ~4-5x post-recession earnings.However, I would caution against buying the dip pending further clarity into medium-term EPS and the size/pace of capital returns.Xerox's (XRXFollowing the sell-off, HPQ stock screens attractively at ~4-5x post-recession earnings and a sizable buyback program to boot. That said, there's too much uncertainty at this juncture, and pending further clarity into its earnings power prospects and capital return plans, I would sit this one out.What Happened?Last week, theWSJ reportedXRX press releaseThe current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc.That said, I do not think the HPQ-XRX saga is over – a Printing industry consolidation still makes sense, especially
Show less
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 | ||
| Ticks | ||
|
|
Avg transaction size |
|
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HPQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HPQ alerts
High impacting HP Inc. news events
Weekly update
A roundup of the hottest topics
HPQ
News
- HP and Logitech get rating cuts, while Garmin upgraded at Barclays [Seeking Alpha]Seeking Alpha
- Micron, Sandisk, J.B. Hunt, HP Inc., ImmunityBio, and More Stock Market Movers [Barron's]Barrons
- HP (NYSE:HPQ) was downgraded by analysts at Barclays PLC from an "equal weight" rating to an "underweight" rating.MarketBeat
- The Curious Case of Mike Lynch: an ‘excellent, meticulously researched' biography [Yahoo! Finance]Yahoo! Finance
- Bernstein names winners and losers in the AI driven data explosion [Yahoo! Finance]Yahoo! Finance
HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 12/30/25 - Form 4
- 12/29/25 - Form 8-K/A
- 12/29/25 - Form 144
- HPQ's page on the SEC website