February 13, 2018

HP Inc. (NYSE:HPQ) to expand Digital Packaging operations across US

HP Inc. (NYSE:HPQ) announced that ePac Flexible Packaging, an all-digital flexible packaging converter, purchased 10 additional HP Indigo 20000 digital presses to expand operations across the US through mid-2019. The new order quadruples production capacity for ePac and is the largest packaging deal for HP to date.

The purchase is ePac’s second expansion with the high-capacity HP Indigo 20000 flexible packaging press since launching just 18 months ago with one HP Indigo unit. ePac currently uses three HP Indigo 20000 digital presses in Madison and Boulder, and the 10 new units will be deployed coast-to-coast in new facilities opening in Los Angeles, Houston, Chicago, and Miami.

HP Inc. (NYSE:HPQ)’s stock on Monday traded at beginning with a price of $ 20.29 and when day-trade ended the stock finally popped up 1.49% to reach at $20.41. Analyst’s mean target price for HPQ is $24.53 while analysts mean recommendation is 2.30. Stock value has moved between $15.58 – 24.01 in last one year.

Analyst’s ratings determines the future of any company. Stock has got OUTPERFORM rating from 1 analyst(s) whereas last month 4 analyst(s) have given outperform rating. SELL rating has been given by 0 analyst(s) and 8 analyst(s) given BUY rating to the stock. Company fiscal year is ending in October and analysts’ consensus recommendation is Outperform for HPQ and estimated EPS for next quarter is 1.48.

HP Inc. (NYSE:HPQ) yearly performance is 29.83% and net profit margin is 4.90%. Annual EPS Growth of past 5 years is 17.40%. The current share price indicates that stock is -15.31% away from its one year high and is moving 31.25% ahead of its 52-week low.

On 12 February 2018, CalAtlantic Group, Inc. (NYSE:CAA) stock price started the day at $ 53.11 and moved between $ 52.63 – 54.65 to finally close at $53.12. CAA’s distance from 20 day simple moving average is -9.66% and distance from 50-Day simple moving average is -7.84%. In last 4 months performance of CAA was 1.92% while its price to sale ratio is 0.90 and price to book ratio is 1.35.

Analysts expect CalAtlantic Group, Inc. (NYSE:CAA) to report 3.37 EPS and has got OUTPERFORM rating from 1 of Thomson Reuters analysts and 0 analyst(s) given UNDERPERFORM rating. Analyst’s mean target price for CAA is $54.19 while analysts mean recommendation is 2.80. Firm LT growth rate is estimated as 3 %.

United Microelectronics Corporation (NYSE:UMC)’s stock on Monday traded at beginning with a price of $ 2.39 and when day-trade ended the stock finally remains unchanged to reach at $2.38. Analyst’s mean target price for UMC is $2.63 while analysts mean recommendation is 2.70. Stock value has moved between $1.82 – 2.74 in last one year.

Stock has got OUTPERFORM rating from 1 analyst(s) whereas last month 1 analyst(s) have given outperform rating. SELL rating has been given by 0 analyst(s) and 0 analyst(s) given BUY rating to the stock. Company fiscal year is ending in December and analysts’ consensus recommendation is Hold for UMC and estimated EPS for next quarter is 0.14.

United Microelectronics Corporation (NYSE:UMC) yearly performance is 30.05% and net profit margin is 6.90%. Annual EPS Growth of past 5 years is 4.20%. The current share price indicates that stock is -12.82% away from its one year high and is moving 30.77% ahead of its 52-week low.

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