Hewlett Packard Enterprise earnings
- Author: Zachary Reyes Feb 24, 2017,
Feb 24, 2017, 2:44
Halliburton Company (NYSE:HAL) plunged -1.45% with the closing price of $53.06.
Hewlett Packard believed that three significant headwinds have developed since the company provided its original fiscal 2017 outlook in October 2016.
Skyworks Solutions, Inc. (NASDAQ:SWKS) [Trend Analysis] tries to capture market sentiments, shares surged 0.14% to $96.71. FMR LLC increased its stake in Hewlett Packard Enterprise Company by 7.0% in the second quarter.
Excluding items, the company earned 45 cents per share, edging past estimates by 1 cent. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/02/22/hewlett-packard-enterprise-company-hpe-position-cut-by-marshall-wace-llp.html. Over the last quarter, insiders sold 312,285 shares of company stock valued at $7,456,958. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
Currently, Hewlett Packard Enterprise is a Zacks Rank #3 (Hold), and is down 6.65% to $23.02 per share in trading shortly after its earnings report was released. 1,083,245 shares of the stock were exchanged. The stock pulled back slightly from resistance at the highs of the year. The company's market cap is $41.06 Billion. Current stock price is in the upbeat territory taking into account of 20 days moving average with 5.53% and continued bullish run for 50 days moving average with 5.79%.
Hewlett Packard Enterprise (HPE) reported fourth quarter EPS of $0.45 after the bell Thursday, up from $0.41 past year. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.17 earnings per share. The company had Year Ago Sales of 12.72 Billion. -Revenue Change (Y-o-Y): -10.3%.
Turning to market valuation, the P/E ratio is 17.43, the P/S ratio is 0.72 and the P/B ratio is finally 2.98.
Hewlett Packard Enterprise Co (NYSE:HPE) have shown a EPS growth of N\A in the last 5 years and has earnings growth of -78.30% yoy.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Wednesday, March 15th will be issued a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 1.05%.
11/23/2016 - Hewlett Packard Enterprise Co had its "neutral" rating reiterated by analysts at Mizuho. For the most recent quarter end, HPE reported a surprise Earnings per Share of 0%. 22 Analysts reported that the Price Target for Hewlett Packard Enterprise Company might touch $28 high while the Average Price Target and Low price Target is $24.8 and $18 respectively. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Credit Suisse Group reissued a "buy" rating and issued a $26.00 target price on shares of Hewlett Packard Enterprise Company in a research note on Monday, November 7th.
Hewlett Packard Enterprise Company is a provider of technology solutions. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. The company maintains price to book ratio of 4.96 vs.an industry average at 1.82.