Past Quarters Surprise Report for Hewlett Packard Enterprise Company (NYSE:HPE)
Nov 02 2016
Shares of HPE have been given average recommendation of "Overweight" rating keeping in view the consensus of "28" Analysts. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and fifteen have issued a buy rating on the company.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
A lawsuit filed Tuesday in Rhode Island Superior Court seeks a temporary restraining order and injunction that would block the Palo Alto, California-based company from walking off the project. Hewlett Packard Enterprise Co. has a 52-week low of $11.62 and a 52-week high of $23.53.
Hewlett Packard Enterprise Company (NYSE:HPE) reports its earnings on Wednesday 7 Dec (In 36 Days).
The Relative Volume of the company is 0.71 and Average Volume (3 months) is 10.68 million.
According to Finviz reported data, The SMA20 of the stock is at 9.64%, SMA50 is 11.65 percent, while SMA200 is 11.82%. The company has a market capitalization of $36.48 billion and a P/E ratio of 9.14. Hewlett Packard Enterprise has a 1-year low of $11.62 and a 1-year high of $23.53.
Hewlett Packard Enterprise Company (NYSE:HPE) has a mean revenue estimate for the ongoing quarter ending Oct 16 of $12.85B, according to 22 analysts.
For the ongoing Fiscal Quarter, 25 analysts have an average earnings forecast of $0.61 per share.
Forward-looking statements Information set forth in this communication, including statements as to Hewlett Packard Enterprise's outlook and financial estimates and statements as to the expected effects of the acquisition by Hewlett Packard Enterprise of SGI, constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The company had revenue of $12210.00 million for the quarter, compared to analysts expectations of $12610.78 million. EPS ratio determined by looking at last 12 month figures is 1.66.
Recently analysts working for a variety of stock market brokerages have changed their consensus ratings and price targets on shares of Hewlett Packard Enterprise Co (NYSE:HPE). Hilton Worldwide Holdings Inc. consensus analyst price target has now moved to $25.95. Also, EVP Michael G. Nefkens sold 107,500 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, September 15th. Moreover, the stock is down -2.95% in one month through last close, to $22.17, showing a 5.43% return during the past three months. The disclosure for this sale can be found here. There were earnings of $0.49 per share. There is no guarantee that any of the events anticipated by these forward-looking statements will occur, or what effect they will have on the operations or financial condition of Hewlett Packard Enterprise. The stock has added about 0.4% since it reported its last earnings. Mizuho Trust & Banking Co.
10/19/2016 - Hewlett Packard Enterprise Co had its "outperform" rating reiterated by analysts at Oppenheimer.
Company latest quarter ended on 31 Jul 2016. The Stock now has a Weekly Volatility of 1.70% and Monthly Volatility of 1.93%. World Asset Management Inc raised its stake in Hewlett Packard Enterprise by 1.7% in the third quarter.
09/08/2016 - Hewlett Packard Enterprise Co had its "buy" rating reiterated by analysts at Jefferies. The company has an Average Rating of 2.31 based on Thomson Reuters I/B/E/S scale of 1-5.
HPE first announced the acquisition in August, almost five months after the company said it would merge its enterprise services segment into Computer Sciences Corp.