Market Update on Hewlett-Packard Company (NYSE:HPQ) – Interesting October Stock Options for Hewlett-Packard

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[at Forbes] – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Hewlett-Packard Co (NYSE: HPQ). So this week we highlight one interesting put contract, and one interesting call contract, from the October expiration for HPQ. The put contract our YieldBoost algorithm identified as [...]
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Hewlett-Packard Company (HPQ), currently valued at $40.30B, started trading this morning at $21.00.

Today’s price range has been between $20.83 and $21.19 per share with the price of the stock fluctuating between $11.35 to $27.78.

HPQ shares are currently priced at 5.97x this year’s forecasted earnings,
which makes them relatively inexpensive compared to the industry’s 18.70x earnings multiple.

The company pays shareholders $0.58 per share annually in dividends, yielding 2.70% .

In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $1.00 per share, which would be $0.16 worse than the year-ago quarter but a $0.00 sequential decrease. The full-year EPS estimate is $3.56, which would be $0.49 better than last year.

The quarterly earnings estimate is predicated on a consensus revenue forecast of $27.90 Billion. If reported, that would be a 6.88% decrease over the year-ago quarter.

Recently, UBS upgraded (HPQ) from Sell to Neutral (Feb 22, 2013).
Previously, RBC Capital Mkts downgraded (HPQ) from Outperform to Sector Perform. ISI Group downgraded (HPQ) from Buy to Hold.

When considering if the stock is under or overvalued, the average price target is $24.74, which is 17.81% above where the stock opened this morning.

Hewlett-Packard Company (NYSE:HPQ) and its subsidiaries provide products, technologies, software, solutions and services to individual consumers, small-and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors worldwide.

Tag Helper ~ Stock Code: HPQ | Common Company name: Hewlett-Packard | Full Company name: Hewlett-Packard Company (NYSE:HPQ) .



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