NYSE:HPE - Hewlett Packard Enterprise Stock Price, News, & Analysis

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$17.02 +0.15 (+0.89 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$16.87
Today's Range$16.92 - $17.27
52-Week Range$12.81 - $19.48
Volume26.71 million shs
Average Volume11.58 million shs
Market Capitalization$24.49 billion
P/E Ratio17.73
Dividend Yield2.70%
Beta1.76
Hewlett Packard Enterprise logoHewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers, as well as mission-critical servers to address the full array of its customers' computing needs; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and legacy external disk products. It also offers data center networking products, such as top-of-rack switches, core switches, and open networking switches; and operational services, advisory and professional services, and communications and media solutions. The Intelligent Edge segment provides software-defined Aruba mobile first architecture solutions for connectivity in the campus and branch environments, including wireless local area network equipment, mobility and security software, switches, routers, network management products, and associated customer support, as well as industrial IoT solutions. The Financial Services segment offers various flexible investment solutions, which comprise leasing, financing, IT consumption, and utility programs and asset management services for customers to enable the creation of unique technology deployment models and acquire complete IT solutions. The Corporate Investments segment is involved in Hewlett Packard labs and various business incubation activities. The company serves small and medium-sized businesses and large global enterprises. It has a collaboration agreement with ARM and SUSE, as well as the University of Edinburgh, the University of Bristol, and the University of Leicester. Hewlett Packard Enterprise Company is headquartered in Palo Alto, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:HPE
CUSIPN/A
Phone650-687-5817

Debt

Debt-to-Equity Ratio0.42
Current Ratio1.00
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio17.73
Forward P/E Ratio11.05
P/E Growth1.11

Sales & Book Value

Annual Sales$28.87 billion
Price / Sales0.87
Cash Flow$2.9860 per share
Price / Cash5.70
Book Value$15.94 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$0.96
Net Income$344 million
Net Margins10.43%
Return on Equity9.38%
Return on Assets3.70%

Miscellaneous

Employees66,000
Outstanding Shares1,471,650,000
Market Cap$24.49 billion

Hewlett Packard Enterprise (NYSE:HPE) Frequently Asked Questions

What is Hewlett Packard Enterprise's stock symbol?

Hewlett Packard Enterprise trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPE."

How often does Hewlett Packard Enterprise pay dividends? What is the dividend yield for Hewlett Packard Enterprise?

Hewlett Packard Enterprise announced a quarterly dividend on Thursday, September 20th. Shareholders of record on Wednesday, December 12th will be paid a dividend of $0.1125 per share on Wednesday, January 2nd. This represents a $0.45 annualized dividend and a yield of 2.64%. The ex-dividend date is Tuesday, December 11th. View Hewlett Packard Enterprise's Dividend History.

How will Hewlett Packard Enterprise's stock buyback program work?

Hewlett Packard Enterprise declared that its Board of Directors has initiated a share repurchase program on Friday, February 23rd 2018, which permits the company to buyback $5,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise Co (NYSE:HPE) released its quarterly earnings results on Tuesday, August, 28th. The technology company reported $0.44 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.07. The technology company had revenue of $7.76 billion for the quarter, compared to analysts' expectations of $7.67 billion. Hewlett Packard Enterprise had a return on equity of 9.38% and a net margin of 10.43%. The business's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 earnings per share. View Hewlett Packard Enterprise's Earnings History.

When is Hewlett Packard Enterprise's next earnings date?

Hewlett Packard Enterprise is scheduled to release their next quarterly earnings announcement on Tuesday, November, 20th 2018. View Earnings Estimates for Hewlett Packard Enterprise.

What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?

Hewlett Packard Enterprise updated its FY18 earnings guidance on Tuesday, August, 28th. The company provided EPS guidance of $1.50-1.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.47. Hewlett Packard Enterprise also updated its Q4 guidance to $0.39 to $0.44 EPS.

What price target have analysts set for HPE?

23 analysts have issued 12 month price objectives for Hewlett Packard Enterprise's stock. Their predictions range from $12.00 to $23.00. On average, they expect Hewlett Packard Enterprise's share price to reach $17.7222 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.

What is the consensus analysts' recommendation for Hewlett Packard Enterprise?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 2 sell ratings, 14 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hewlett Packard Enterprise.

What are Wall Street analysts saying about Hewlett Packard Enterprise stock?

Here are some recent quotes from research analysts about Hewlett Packard Enterprise stock:
  • 1. According to Zacks Investment Research, "Hewlett Packard reported solid third-quarter results which benefitted from strong growth in Intelligent Edge segment. Significant investment in Intelligent Edge is helping the company maintain its leadership position in the high growth-opportunity market. Moreover, healthy IT spending environment is proving to be conducive to its Hybrid IT business. The company’s massive restructuring initiatives keep us optimistic. On one hand, it is offloading low-margin businesses such as Enterprise Services and Software, which, in our opinion, will improvise the company’s margins over the long run. And on the other hand, it is enhancing its capabilities in the hybrid IT model as evident from various acquisitions. Notably, the stock has outperformed the industry on a year-to-date basis. However, the challenge imposed on the company due to the acquisition of EMC by Dell is somewhat of a headwind." (8/31/2018)
  • 2. Maxim Group analysts commented, "HPE management asserts $0.02 of $0.07 EPS beat tied to strong server buying environment, remainder due to non-operational items. HPE raises FY18 guidance in-line with F3Q18 beat, which appears to be driven from non-operational items. Maintain Hold rating and 12-month price target of $18." (8/29/2018)
  • 3. Pivotal Research analysts commented, "We move our but keep FY19 at $1.55 as we expect revenue growth to slow and a higher FY19 tax rate. Our PT remains $20, or 13x our FY19E. The Good. HPE has changed their reporting categories to Hybrid IT which includes servers, storage, networking, maintenance and services and is 82% of revenue and grew 4% in cc with 10.3% OM. The Intelligent Edge is 8% of revenue and grew a very strong 14% YY in cc and is mostly Aruba networking. Finally, Financial Services was 11% of revenue and grew 1% in CC. The growth came from a good macro, when taking out FX. HPE is not suggesting that the growth will continue at this pace as FX benefit is waning as the dollar has regained strength and 2H18 YY comp numbers get tougher, but they still expect growth. Servers were up 6%, but had the continued drag or T1. Increased pricing is holding and DRAM cost increases are moderating." (5/23/2018)

Who are some of Hewlett Packard Enterprise's key competitors?

Who are Hewlett Packard Enterprise's key executives?

Hewlett Packard Enterprise's management team includes the folowing people:
  • Mr. Antonio Fabio Neri, CEO, Pres & Director (Age 51)
  • Mr. Timothy C. Stonesifer, Exec. VP & CFO (Age 51)
  • Mr. John F. Schultz, Exec. VP, Chief Legal & Admin. officer and Sec. (Age 54)
  • Mr. Henry Gomez, Exec. VP and Chief Marketing & Communications Officer (Age 55)
  • Mr. Jeff T. Ricci, Sr. VP, Controller & Principal Accounting Officer (Age 57)

Has Hewlett Packard Enterprise been receiving favorable news coverage?

Media coverage about HPE stock has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hewlett Packard Enterprise earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news stories about the technology company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Hewlett Packard Enterprise.

Who are Hewlett Packard Enterprise's major shareholders?

Hewlett Packard Enterprise's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.59%), Pzena Investment Management LLC (2.25%), Northern Trust Corp (1.25%), Dimensional Fund Advisors LP (1.06%), LSV Asset Management (1.04%) and Schroder Investment Management Group (0.99%). Company insiders that own Hewlett Packard Enterprise stock include Alan Richard May, Antonio F Neri, Christopher P Hsu, Henry Gomez, Jeff T Ricci, John F Schultz, Keerti Melkote, Kirt P Karros, Margaret C Whitman, Michael G Nefkens, Philip Davis, Robert Youngjohns and Timothy C Stonesifer. View Institutional Ownership Trends for Hewlett Packard Enterprise.

Which major investors are selling Hewlett Packard Enterprise stock?

HPE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bessemer Group Inc., Canada Pension Plan Investment Board, Victory Capital Management Inc., Oldfield Partners LLP, Pzena Investment Management LLC, Assenagon Asset Management S.A. and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold Hewlett Packard Enterprise company stock in the last year include Alan Richard May, Antonio F Neri, Henry Gomez, Jeff T Ricci, Keerti Melkote, Kirt P Karros, Margaret C Whitman, Philip Davis and Timothy C Stonesifer. View Insider Buying and Selling for Hewlett Packard Enterprise.

Which major investors are buying Hewlett Packard Enterprise stock?

HPE stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Boston Partners, LSV Asset Management, Capital Fund Management S.A., DnB Asset Management AS, BlackRock Inc., Toronto Dominion Bank and Chevy Chase Trust Holdings Inc.. View Insider Buying and Selling for Hewlett Packard Enterprise.

How do I buy shares of Hewlett Packard Enterprise?

Shares of HPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hewlett Packard Enterprise's stock price today?

One share of HPE stock can currently be purchased for approximately $17.02.

How big of a company is Hewlett Packard Enterprise?

Hewlett Packard Enterprise has a market capitalization of $24.49 billion and generates $28.87 billion in revenue each year. The technology company earns $344 million in net income (profit) each year or $0.96 on an earnings per share basis. Hewlett Packard Enterprise employs 66,000 workers across the globe.

How can I contact Hewlett Packard Enterprise?

Hewlett Packard Enterprise's mailing address is 3000 HANOVER STREET, PALO ALTO CA, 94304. The technology company can be reached via phone at 650-687-5817 or via email at [email protected]


MarketBeat Community Rating for Hewlett Packard Enterprise (NYSE HPE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  617 (Vote Outperform)
Underperform Votes:  556 (Vote Underperform)
Total Votes:  1,173
MarketBeat's community ratings are surveys of what our community members think about Hewlett Packard Enterprise and other stocks. Vote "Outperform" if you believe HPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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