HP(US:HPQ) ZACKS·2025-02-06 00:06Group 1: Company Performance - HP closed at $32.57, with a daily gain of +1.75%, outperforming the S&P 500's gain of 0.39% [1] - Over the past month, HP shares have decreased by 4.93%, while the Computer and Technology sector gained 0.04% and the S&P 500 gained 1.7% [1] Group 2: Upcoming Earnings - HP's earnings report is scheduled for February 27, 2025, with an expected EPS of $0.74, reflecting an 8.64% decline year-over-year [2] - Revenue is forecasted to be $13.48 billion, indicating a 2.25% growth compared to the same quarter last year [2] Group 3: Full-Year Estimates - Zacks Consensus Estimates predict HP will achieve earnings of $3.56 per share and revenue of $55.11 billion, representing year-over-year changes of +5.33% and +2.89% respectively [3] Group 4: Analyst Estimates and Rankings - Changes in analyst estimates are crucial for understanding near-term business trends, with positive revisions indicating optimism about HP's profitability [3][4] - HP currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [5] Group 5: Valuation Metrics - HP has a Forward P/E ratio of 9, which is lower than the industry's average Forward P/E of 12.02, indicating a valuation discount [6] - The company has a PEG ratio of 2.73, compared to the industry average PEG ratio of 1.56 [7] Group 6: Industry Context - The Computer - Micro Computers industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]