Hewlett Packard Enterprise Company (NYSE:HPE) Analyst Opinion
- Author: Zachary Reyes Feb 28, 2017,
Feb 28, 2017, 5:28
Analysts reviewing Hewlett Packard Enterprise Co have recently updated their recommended buy/sell ratings and price targets on the stock. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Current price places the company's stock 7.01% away from its 200-day simple moving average, -2.02%, away from the 50-day average and also -2.95% away from 20-day average.
Hewlett Packard Enterprise Company (NYSE:HPE) exhibits a P/E ratio of 12.52 with a forward P/E of 11.46.
19 analysts polled by Zacks Research now have a mean target price of $23.526 on Hewlett Packard Enterprise Co (NYSE:HPE).
Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01.
Hewlett Packard Enterprise Company value Change from Open was at -1.43% with a Gap of -1.05%. The firm earned $11.41 billion during the quarter, compared to the consensus estimate of $12.09 billion. The companys revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS. For FY17/18, the firm forecasts revenue of $16.9/$16.6bn (-8.9%/-1.8% yoy) and OMs of 7.7%/7.9%, respectively. Hewlett Packard Enterprise Company (NYSE:HPE) has underperformed the index by 1.31% in the last 4 weeks.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.065 per share. For the most recent quarter, quick ratio was 1.2, current ratio was 1.3, LT Debt/Equity ratio was 0.4 and Total Debt/Equity ratio was 0.51. The ex-dividend date of this dividend is Monday, March 13th.
02/24/2017 - Hewlett Packard Enterprise Co had its " rating reiterated by analysts at UBS. If you are accessing this report on another site, it was stolen and republished in violation of United States & worldwide copyright & trademark laws. The original version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/02/27/hewlett-packard-enterprise-company-hpe-rating-reiterated-by-bmo-capital-markets.html. Hewlett Packard Enterprise Co (NYSE:HPE)'s price to sales ratio for trailing twelve month stands at 0.76, whereas its price to book ratio for most recent quarter sits at 1.24. Following the completion of the transaction, the senior vice president now owns 20,015 shares in the company, valued at $475,956.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The stock was sold at an average price of $23.75, for a total value of $75,786.25. The disclosure for this sale can be found here. 6,460,259 shares of the company's stock were exchanged. Insiders own 0.87% of the company's stock. Taking notice in average true range, it was 0.54. The number of shares now owned by investors are 1.79 bln. Kernodle & Katon Asset Management Group LLC purchased a new position in Hewlett Packard Enterprise Company during the third quarter valued at about $103,000. I.G. Investment Management LTD. now owns 5,752,900 shares of the company's stock worth $105,105,000 after buying an additional 807,079 shares in the last quarter.
02/15/2017 - Hewlett Packard Enterprise Co was upgraded to " by analysts at OTR Global. The stock remained 3.43% volatile for the week and 2.49% for the month. Finally, Independent Portfolio Consultants Inc. raised its position in Hewlett Packard Enterprise Company by 308.9% in the third quarter. Haverford Trust Co. now owns 14,848 shares of the company's stock worth $344,000 after buying an additional 98 shares in the last quarter. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). Given an improving business mix, the pending spin-off of Enterprise Services and the Software Group, the firm reiterates its Outperform rating with a TP of $26.