Hewlett Packard Enterprise (NYSE:HPE) issued an update on its FY 2021
After-Hours earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.56-1.76 for the period, compared to the Thomson Reuters consensus estimate of $1.46. Hewlett Packard Enterprise also updated its FY 2020
After-Hours guidance to 1.30-1.34 EPS.
A number of analysts have recently issued reports on the stock. ValuEngine lowered shares of Hewlett Packard Enterprise from a sell rating to a strong sell rating in a research report on Tuesday, September 1st. Morgan Stanley raised their price objective on Hewlett Packard Enterprise from $11.00 to $12.00 and gave the company an equal weight rating in a research note on Friday. Zacks Investment Research downgraded Hewlett Packard Enterprise from a buy rating to a hold rating and set a $10.00 price target on the stock. in a research report on Thursday, August 27th. UBS Group upped their target price on shares of Hewlett Packard Enterprise from $10.00 to $10.50 and gave the company a neutral rating in a research note on Friday. Finally, Standpoint Research upgraded Hewlett Packard Enterprise from a hold rating to a buy rating in a research note on Tuesday, September 8th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the company’s stock. Hewlett Packard Enterprise has an average rating of Hold and a consensus price target of $12.24.
Shares of NYSE:HPE opened at $9.48 on Friday. The company’s 50 day moving average price is $9.51 and its two-hundred day moving average price is $9.69. Hewlett Packard Enterprise has a 12-month low of $7.43 and a 12-month high of $17.59. The firm has a market cap of $12.19 billion, a PE ratio of -474.00, a PEG ratio of 1.50 and a beta of 1.22. 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 (NYSE:HPE) last announced its earnings results on Tuesday, August 25th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.09. The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.06 billion. During the same quarter in the previous year, the company earned $0.45 EPS. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. On average, research analysts expect that Hewlett Packard Enterprise will post 1.32 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, September 8th. This represents a $0.48 annualized dividend and a yield of 5.06%. Hewlett Packard Enterprise’s dividend payout ratio is currently 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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