NYSE:HPE - Hewlett Packard Enterprise Stock Price, Price Target & More

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$15.49 +0.10 (+0.65 %)
(As of 07/16/2018 04:49 AM ET)
Previous Close$15.49
Today's Range$15.30 - $15.53
52-Week Range$12.81 - $19.48
Volume8.81 million shs
Average Volume10.37 million shs
Market Capitalization$23.45 billion
P/E Ratio16.14
Dividend Yield2.91%
Beta1.77
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 Ratio1.04
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio16.14
Forward P/E Ratio10.54
P/E Growth1.13

Sales & Book Value

Annual Sales$28.87 billion
Price / Sales0.81
Cash Flow$2.9226 per share
Price / Cash5.30
Book Value$14.74 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$0.96
Net Income$344 million
Net Margins9.36%
Return on Equity8.25%
Return on Assets3.27%

Miscellaneous

Employees66,000
Outstanding Shares1,513,960,000
Market Cap$23,451.26

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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, April 5th. Investors of record on Wednesday, June 13th will be given a dividend of $0.1125 per share on Wednesday, July 4th. This represents a $0.45 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend is Tuesday, June 12th. This is a positive change from Hewlett Packard Enterprise's previous quarterly dividend of $0.08. 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 buyback program on Friday, February 23rd 2018, which authorizes the company to buyback $5,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise Co (NYSE:HPE) issued its quarterly earnings data on Tuesday, May, 22nd. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. The technology company earned $7.47 billion during the quarter, compared to the consensus estimate of $7.39 billion. Hewlett Packard Enterprise had a return on equity of 8.25% and a net margin of 9.36%. The firm's revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. 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, September, 4th 2018. View Earnings Estimates for Hewlett Packard Enterprise.

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

Hewlett Packard Enterprise issued an update on its FY18 earnings guidance on Tuesday, May, 22nd. The company provided EPS guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.41. Hewlett Packard Enterprise also updated its Q3 guidance to $0.35-0.39 EPS.

What price target have analysts set for HPE?

24 brokers have issued 1-year target prices for Hewlett Packard Enterprise's shares. Their forecasts range from $12.00 to $22.00. On average, they expect Hewlett Packard Enterprise's stock price to reach $17.0476 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Ratings for Hewlett Packard Enterprise.

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

24 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 recently reported better-than-expected results for Q2. Buoyed by impressive quarterly performance the company issued an encouraging bottom-line guidance for Q3 and raised its outlook for fiscal 2018. Hewlett Packard’s announcement of returning $7 billion to shareholders by fiscal 2019 is also encouraging. Going ahead, we are optimistic about the company’s massive restructuring initiatives. 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 the acquisitions of SimpliVity, Cloud Cruiser and Nimble Storage. However, the challenge imposed on the company due to the acquisition of EMC by Dell is somewhat of a headwind. Notably, the stock has underperformed the industry over the past one year." (5/28/2018)
  • 2. 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)
  • 3. Maxim Group analysts commented, "Top-line beats consensus on Storage, but Compute segment constant currency growth regresses to up only 2% y/y. Guidance slightly raised largely due to non-operational items; return to FY16 levels appear still far away. Maintain Hold rating, but slightly raising 12-month price target to $18, from $17." (5/23/2018)

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 34,932,551 shares, an increase of 38.5% from the May 15th total of 25,221,630 shares. Based on an average daily trading volume, of 17,222,521 shares, the short-interest ratio is presently 2.0 days. Currently, 2.3% of the company's stock are sold short. View Hewlett Packard Enterprise's Current Options Chain.

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?

Press coverage about HPE stock has been trending positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hewlett Packard Enterprise earned a news impact score of 0.36 on Accern's scale. They also gave news stories about the technology company an impact score of 45.05 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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 shareholders include DnB Asset Management AS (0.11%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), State of Alaska Department of Revenue (0.02%), Xact Kapitalforvaltning AB (0.02%), NN Investment Partners Holdings N.V. (0.02%) and Clinton Group Inc. (0.01%). Company insiders that own Hewlett Packard Enterprise stock include Alan Richard May, Ann M Livermore, 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 institutional investors are selling Hewlett Packard Enterprise stock?

HPE stock was sold by a variety of institutional investors in the last quarter, including Fjarde AP Fonden Fourth Swedish National Pension Fund, Fisher Asset Management LLC and NN Investment Partners Holdings N.V.. Company insiders that have sold Hewlett Packard Enterprise company stock in the last year include Alan Richard May, Antonio F Neri, Christopher P Hsu, 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 institutional investors are buying Hewlett Packard Enterprise stock?

HPE stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Clinton Group Inc., Summit Financial Wealth Advisors LLC, Burke & Herbert Bank & Trust Co., Neville Rodie & Shaw Inc. and Cohen Klingenstein LLC. 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 $15.49.

How big of a company is Hewlett Packard Enterprise?

Hewlett Packard Enterprise has a market capitalization of $23.45 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:  578 (Vote Outperform)
Underperform Votes:  518 (Vote Underperform)
Total Votes:  1,096
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 7/16/2018 by MarketBeat.com Staff

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