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Hewlett Packard stock price 'insanely low' after corporate split

The US tech giant Hewlett Packard is due to reveal its first post-split results after dividing the firm into consumer goods and cloud focused businesses.

Saxo Bank's Head of Equity Strategy Peter Garnry assesses the outlook for HP and explains why he believes the stock price is "insanely low".

For the latest quarter, analysts are predicting Hewlett to earn $0.52 a share on about $13.5 billion in revenue. Estimates for HP are $0.44 a share on just under $13 billion in revenue.

02:31 minutes
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