HPQ: Positive Pricing and End Demand Trends
Summary:
Web crawled data points to another strong quarter for HP with positive ASP trends across products. Estimated share of bestsellers also remains positive in the quarter. Eagle Alpha’s Search Signal indicator, based on Google Search data suggests sustained consumer demand for HP products.
Eagle Alpha Insight
Our two datasets indicate HP performed strongly in FYQ2’18. ASP trends in the quarter are particularly encouraging. Consumer end demand for HP is also holding quite steady.
HP is a provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The company's segments are: Personal Systems, which provides commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and other related accessories, software, support and services; Printing, which provides consumer and commercial printer hardware, supplies, solutions and services, as well as scanning devices; and Corporate Investments, which includes HP Labs and certain business incubation and investment projects.
Company Overview
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