Stock in the Limelight: Hewlett Packard Enterprise Company (HPE)
- Author: Zachary Reyes May 23, 2017,
May 23, 2017, 22:16
In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company.
While looking at the Stock's Performance, Hewlett Packard Enterprise Company now shows a Weekly Performance of -1.85%, where Monthly Performance is 1.09%, Quarterly performance is -23.84%, 6 Months performance is -20.81% and yearly performance percentage is 18.73%. CKW Financial Group raised its stake in Hewlett Packard Enterprise by 5.6% in the third quarter. Following the sale, the executive vice president now owns 31,422 shares of the company's stock, valued at $738,417. Inside the closing six months period the stock's performance declined -20.81% while overall yearly performance gained 18.73%. Institutional investors and hedge funds own 79.10% of the company's stock. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) has "Outperform" rating given on Monday, December 14 by Credit Suisse. The company presently has an average rating of "Hold" and an average target price of $22.83. The Higher end of the revenue forecast is $10.44 Billion, while the Lower end of the forecast is $7.32 Billion. The company has a market capitalization of $31.26 billion, a price-to-earnings ratio of 10.23 and a beta of 3.05. At the time of writing, Shares the company recently traded 60.16% away 52-week low and noted price movement -1.93% away from the 52-week high level. Hewlett Packard Enterprise also was the target of some unusual options trading activity on Monday. Are investors supposed to sell when the stock hits the target? In contrast, the average volume was 15.15 million shares.
Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, February 23rd. The technology company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01.
For a total return analysis, there is the 6.80% return on equity and the 10.00% return on assets to consider. Its revenue totaled $12.07 billion down -3.28% from the previous quarter. (NYSE:CLF) sales have annually surged -20.30% on average, however its earnings per share growth remained at -38.90%. Its revenue stood at -4.30% a year on average in the period of last five years.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Monday, June 12th.
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Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean recommendation is 2.80 (1=Buy, 5=sell). Tigress Financial started coverage on Hewlett Packard Enterprise in a report on Monday, April 17th. The stock has "Buy" rating by Citigroup on Friday, December 4.
Hewlett Packard Enterprise Company (NYSE:HPE)'s RSI (Relative Strength Index) is 57.84.
HPE has been the subject of a number of research reports.
04/05/2017 - Hewlett Packard Enterprise Co had its "outperform" rating reiterated by analysts at Oppenheimer. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. The dividend strategy can play a key role in fulfilling your growth or income needs, depending on the allocation of assets. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Also, EVP John F. Schultz sold 17,176 shares of the firm's stock in a transaction that occurred on Friday, March 31st. They now have a United States dollars 23 price target on the stock. The disclosure for this sale can be found here. (NYSE:HP) traded 1.91 Million shares and was closed at $59.88 per share. The FCF Growth of Hewlett Packard Enterprise Company (NYSE:HPE) is.