Company Performance - HP's stock price decreased by 6.77% to $22.87, underperforming the S&P 500's daily loss of 0.92% [1] - Over the past month, HP's stock has fallen by 10.38%, while the Computer and Technology sector gained 1.64% and the S&P 500 gained 1.48% [1] Upcoming Earnings - HP is set to release its earnings report on November 25, 2025, with projected EPS of $0.92, indicating a 1.08% decline from the same quarter last year [2] - The consensus estimate for quarterly revenue is $14.79 billion, reflecting a 5.23% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.11 per share, showing a decrease of 7.99%, while revenue is expected to remain flat at $55.2 billion [3] - Recent revisions to analyst forecasts for HP are important as they indicate the evolving short-term business trends [3] Valuation Metrics - HP has a Forward P/E ratio of 7.4, which is lower than the industry average Forward P/E of 12.58, indicating a valuation discount [5] - The company has a PEG ratio of 1.85, compared to the industry average PEG ratio of 1.34 [6] Industry Context - The Computer - Micro Computers industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - HP's stock performance has lagged behind major indices, with a recent decline of 3.96% compared to the S&P 500's loss of 1.17, indicating potential concerns among investors regarding the company's upcoming earnings report [1][2]. Financial Performance - HP is expected to report an EPS of $0.92, reflecting a 1.08% decrease from the same quarter last year, while revenue is forecasted at $14.79 billion, representing a 5.23% increase year-over-year [2]. - For the entire fiscal year, earnings are projected at $3.11 per share, down 7.99% from the previous year, with revenue expected to remain flat at $55.2 billion [3]. Analyst Sentiment - Recent adjustments to analyst estimates indicate a downward trend, with the Zacks Consensus EPS estimate decreasing by 0.3% in the past month, leading to a Zacks Rank of 4 (Sell) for HP [5]. - The correlation between estimate revisions and share price momentum suggests that positive changes in estimates could indicate analyst optimism regarding HP's business and profitability [4]. Valuation Metrics - HP's Forward P/E ratio stands at 8.13, significantly lower than the industry average of 14.47, suggesting that HP may be undervalued compared to its peers [6]. - The company's PEG ratio is 2.03, higher than the industry average of 1.51, indicating that HP's expected earnings growth may not justify its current valuation [7]. Industry Context - The Computer - Micro Computers industry, which includes HP, ranks 96 in the Zacks Industry Rank, placing it in the top 39% of over 250 industries, suggesting a relatively strong position within the sector [8].

Group 1: Earnings Performance - Apple reported quarterly earnings of $1.57 per share, exceeding the Zacks Consensus Estimate of $1.42 per share, and up from $1.40 per share a year ago, representing an earnings surprise of +10.56% [1] - The company posted revenues of $94.04 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.75%, compared to $85.78 billion in the same quarter last year [2] Group 2: Stock Performance and Outlook - Apple shares have declined approximately 16.5% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.61 on revenues of $96.43 billion, and for the current fiscal year, it is $7.11 on revenues of $404.76 billion [7] Group 3: Industry Context - The Computer - Micro Computers industry, to which Apple belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]