Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Unusual Put Options Activity Today for HP Inc Ahead of Its Earnings Highlights Its Value

HP Inc. (HPQ), the hardware company (not HP Enterprises - HPE), reports its earnings today for the quarter ending Jan. 31. Its put options show unusual trading activity today. This could be a good trade for short sellers, given how cheap HPQ stock is now.

The stock is trading for a 3.82% dividend yield and 8.4x forward earnings. Moreover, the company has been consistently profitable, producing $3.1 billion in free cash flow (FCF) in its last fiscal year ending Nov 30, 2023.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.