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

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$15.15 -0.19 (-1.24 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$15.34
Today's Range$15.11 - $15.6750
52-Week Range$12.81 - $19.48
Volume16.21 million shs
Average Volume9.22 million shs
Market Capitalization$22.49 billion
P/E Ratio15.78
Dividend Yield2.94%
Beta1.61
Hewlett 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
Current SymbolNYSE:HPE
Previous Symbol
CUSIPN/A
Phone650-687-5817

Debt

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

Price-To-Earnings

Trailing P/E Ratio15.78
Forward P/E Ratio9.90
P/E Growth0.87

Sales & Book Value

Annual Sales$28.87 billion
Price / Sales0.77
Cash Flow$2.8967 per share
Price / Cash5.23
Book Value$14.74 per share
Price / Book1.03

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$22.49 billion
OptionableOptionable

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 declared a quarterly dividend on Thursday, September 20th. Stockholders of record on Wednesday, December 12th will be given a dividend of $0.1125 per share on Wednesday, January 2nd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Tuesday, December 11th. View Hewlett Packard Enterprise's Dividend History.

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

Hewlett Packard Enterprise announced that its board has initiated a share buyback plan on Friday, February 23rd 2018, which authorizes the company to buyback $5,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise Co (NYSE:HPE) announced its quarterly earnings data on Tuesday, August, 28th. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.07. The technology company had revenue of $7.76 billion for the quarter, compared to the consensus estimate of $7.67 billion. Hewlett Packard Enterprise had a return on equity of 9.38% and a net margin of 10.43%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last 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 FY19 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.51-1.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.57. Hewlett Packard Enterprise also updated its FY 2019 guidance to $1.51-1.61 EPS.

What price target have analysts set for HPE?

21 analysts have issued twelve-month target prices for Hewlett Packard Enterprise's shares. Their forecasts range from $12.00 to $23.00. On average, they expect Hewlett Packard Enterprise's stock price to reach $17.5625 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.

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

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 2 sell ratings, 12 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 is benefiting 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.  Shares have outperformed the industry on a year-to-date basis. Estimates have been stable lately ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, the challenge imposed on the company due to the acquisition of EMC by Dell is somewhat of a headwind. of Hewlett Packard’s total revenues come from businesses outside the U.S. Per current macroeconomic situations, U.S. dollar value is expected to remain stronger compared to other currencies due to which the top line is likely to be negatively impacted over the next few quarters." (11/13/2018)
  • 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)

Has Hewlett Packard Enterprise been receiving favorable news coverage?

News headlines about HPE stock have trended positive recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hewlett Packard Enterprise earned a coverage optimism score of 2.4 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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. 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. Timothy C. Stonesifer, Adviser (Age 51)
  • Mr. Tarek A. Robbiati M.B.A., M.Sc., Chief Financial Officer (Age 53)

Who are Hewlett Packard Enterprise's major shareholders?

Hewlett Packard Enterprise's stock is owned by a number of of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (6.59%), BlackRock Inc. (6.55%), Pzena Investment Management LLC (2.34%), Franklin Resources Inc. (1.53%), LSV Asset Management (1.35%) and Dimensional Fund Advisors LP (1.08%). 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 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 Schroder Investment Management Group, FMR LLC, FIL Ltd, Deutsche Bank AG, BlackRock Inc., Massachusetts Financial Services Co. MA, Mitsubishi UFJ Trust & Banking Corp and Ceredex Value Advisors LLC. 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 bought by a variety of institutional investors in the last quarter, including Hexavest Inc., LSV Asset Management, Bank of New York Mellon Corp, Retirement Systems of Alabama, Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., American Century Companies Inc. and First Trust Advisors LP. 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 $15.15.

How big of a company is Hewlett Packard Enterprise?

Hewlett Packard Enterprise has a market capitalization of $22.49 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.

What is Hewlett Packard Enterprise's official website?

The official website for Hewlett Packard Enterprise is http://www.hpe.com.

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:  628 (Vote Outperform)
Underperform Votes:  563 (Vote Underperform)
Total Votes:  1,191
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 11/14/2018 by MarketBeat.com Staff

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