Jump Report
| Avg Daily Volume: 12,694,614 Market Cap: 29.17B Sector: Technology Short Interest: 1.11 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .51 REV: 13,970/M
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LAST QTR: EPS: .51/share ACTUAL: .52/share (BEAT)
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NEXT QTR: EPS: .55/share REV: 14,700/M
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FY19: EPS: 2.15/share REV: 58,860/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 67% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -18.9, -1.92, -3.85
POTENTIAL JUMP MOVE: 6-10%
Links To Latest News and Headlines
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does HP (HPQ) have what it takes? Let’s find out.
Researchers at AV-TEST name HP Wolf Pro Security’s NGAV a ‘Top Product’ for Corporate Endpoint ProtectionPALO ALTO, Calif., April 25, 2024 (GLOBE NEWSWIRE) — A comprehensive new report from AV-TEST, a leading independent IT security research institute, has confirmed that HP Wolf Pro Security’s Next Generation Antivirus (NGAV) is one of the best Windows Antivirus Software solutions for Business Users on the market. Wolf Pro Security’s NGAV was recognized as a “top product” for corporate endpoint
The Global Collaboration Spans Shared Commitment to Performance-Driven Innovation, Trust, Excellence, and New Scuderia Ferrari HP Team Name Ferrari and HP Announce a Title Partnership_Charles Leclerc Ferrari will deploy advanced HP technology and services, including adaptive PCs and devices, collaboration products and services, and printing capabilities, to help accelerate performance on and off the track. Ferrari and HP Announce a Title Partnership_Team Today, Ferrari and HP Inc. announced a hi
Three selected nonprofit organizations are helping accelerate digital equity in Canada* for historically disconnected groups Jays Care Foundation Jays Care Foundation, the charitable arm of the Toronto Blue Jays, uses baseball to give kids a place on a team where they belong. The organization believes that baseball for development programming can play an important role to address pressing mental and physical health challenges for kids. To scale its training outreach, Jays Care Foundation is esta
Selected nonprofit organizations are helping accelerate digital equity in Brazil, Canada*, and Poland for historically disconnected groups Fundacja 2do2 Fundacja 2do2 (2do2 Foundation) is developing IT solutions for Polish NGOs, catering to grassroots organizations, 2do2 Foundation offers cost-effective tools designed for users with limited digital skills and provides comprehensive support, including help-desk assistance, financial management training, and tailored mentorship programs. 2do2 aims
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ANALYSIS:
StockJumpers trajectory analysis reveals a negative market reaction to the earnings release. We were expecting to see a pop on the news on a beat, but like last quarter the stock fell in a big way even on a beat. They tend to be in-line on the metrics from their guidance and investors are more concerned about what they forecast going forward and any headwinds.
NOTE: The broad market is down 350 points
We are SHORT for this event, but think any down move will bounce back.
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TRADE PLAN:
ENTRY: SELL (revised to HOLD)
STOP LOSS: 5%
TAKE PROFIT: 7%
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UPDATE: (2:42PM) Our recent models show a bounce up post release and any initial drop may be short lived. The safest play is to stay on the sidelines until the release, and go long on any dip.
POST RELEASE ACTION: we are long on HPQ
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.