Hewlett Packard Enterprise (NYSE:HPE) updated its FY 2020
After-Hours earnings guidance on Thursday. The company provided EPS guidance of 1.30-1.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32. Hewlett Packard Enterprise also updated its FY 2021
After-Hours guidance to 1.56-1.76 EPS.
Several analysts have issued reports on HPE shares. ValuEngine cut shares of Hewlett Packard Enterprise from a sell rating to a strong sell rating in a research note on Tuesday, September 1st. Citigroup lifted their price target on Hewlett Packard Enterprise from $8.00 to $9.00 and gave the stock a sell rating in a research note on Wednesday, August 26th. UBS Group lifted their price target on Hewlett Packard Enterprise from $10.00 to $10.50 and gave the stock a neutral rating in a research note on Friday. 140166 reissued a hold rating and issued a $10.00 target price on shares of Hewlett Packard Enterprise in a research note on Monday, July 13th. Finally, Zacks Investment Research lowered Hewlett Packard Enterprise from a buy rating to a hold rating and set a $10.00 target price for the company. in a research note on Thursday, August 27th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $12.24.
Shares of HPE opened at $9.48 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.85. Hewlett Packard Enterprise has a 12-month low of $7.43 and a 12-month high of $17.59. The firm has a market capitalization of $12.19 billion, a PE ratio of -474.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.22. The stock’s fifty day simple moving average is $9.51 and its 200-day simple moving average is $9.69.
Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Tuesday, August 25th. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.09. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.06 billion. During the same period last year, the company earned $0.45 EPS. The company’s revenue was down 5.8% compared to the same quarter last year. Analysts anticipate that Hewlett Packard Enterprise will post 1.32 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.06%. The ex-dividend date was Tuesday, September 8th. Hewlett Packard Enterprise’s payout ratio is 27.12%.
Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The company offers industry standard servers for multi-workload computing; mission-critical servers; storage solutions; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE MSA and HPE XP.
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