Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.400-0.450 for the period, compared to the consensus EPS estimate of 0.420. The company issued revenue guidance of $8.2 billion-$8.5 billion, compared to the consensus revenue estimate of $8.2 billion. Hewlett Packard Enterprise also updated its FY 2025 guidance to 1.780-1.900 EPS.
Hewlett Packard Enterprise Price Performance
HPE traded up $0.11 during trading on Thursday, hitting $17.95. 9,439,160 shares of the stock traded hands, compared to its average volume of 17,252,124. Hewlett Packard Enterprise has a twelve month low of $11.97 and a twelve month high of $24.66. The company has a market cap of $23.58 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 2.03 and a beta of 1.29. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The business has a 50 day moving average price of $16.09 and a 200 day moving average price of $19.08.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The technology company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.05. The firm had revenue of $7.63 billion for the quarter, compared to analysts' expectations of $7.51 billion. Hewlett Packard Enterprise had a net margin of 8.56% and a return on equity of 8.94%. The company's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.42 earnings per share. Equities research analysts forecast that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.13 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.90%. Hewlett Packard Enterprise's payout ratio is presently 25.37%.
Analyst Ratings Changes
HPE has been the topic of a number of recent research reports. Loop Capital cut their price target on shares of Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating on the stock in a report on Monday, March 10th. Daiwa Capital Markets lowered shares of Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target on the stock. in a report on Wednesday, March 12th. Evercore ISI upgraded shares of Hewlett Packard Enterprise from an "in-line" rating to an "outperform" rating and lifted their price target for the stock from $17.00 to $22.00 in a report on Tuesday, May 20th. Barclays lifted their price target on shares of Hewlett Packard Enterprise from $20.00 to $24.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Raymond James lifted their price target on shares of Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a report on Wednesday. Nine equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $21.33.
Check Out Our Latest Stock Report on HPE
Insider Activity
In other news, Director Bethany Mayer sold 6,409 shares of the company's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.36% of the company's stock.
Institutional Investors Weigh In On Hewlett Packard Enterprise
A hedge fund recently raised its stake in Hewlett Packard Enterprise stock. Geneos Wealth Management Inc. boosted its position in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 44.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,456 shares of the technology company's stock after purchasing an additional 1,377 shares during the period. Geneos Wealth Management Inc.'s holdings in Hewlett Packard Enterprise were worth $69,000 as of its most recent SEC filing. 80.78% of the stock is owned by hedge funds and other institutional investors.
About Hewlett Packard Enterprise
(
Get Free Report)
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.
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