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 for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP. 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 solutions for mobility and Internet of things, as well as enterprise networking and security solutions for businesses campus and branch environments under the Aruba brand. This segment also offers wired and wireless local area network products, such as Wi-Fi access points, switches, routers; and software products, including network management, network access control, analytics and assurance, and location services software. 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 enterprises. It has strategic alliance with ABB Ltd. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in Palo Alto, California.
Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone650-687-5817
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$30.85 billion
Profitability
Miscellaneous
Employees60,000
Next Earnings Date5/28/2019 (Estimated)
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, January 31st. Stockholders of record on Wednesday, March 13th will be paid a dividend of $0.1125 per share on Wednesday, April 3rd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Tuesday, March 12th. 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 approved a stock repurchase plan on Friday, February 23rd 2018, which allows the company to buyback $5,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.
How were Hewlett Packard Enterprise's earnings last quarter?
Hewlett Packard Enterprise Co (NYSE:HPE) posted its quarterly earnings results on Thursday, February, 21st. The technology company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.07. The technology company earned $7.55 billion during the quarter, compared to analyst estimates of $7.68 billion. Hewlett Packard Enterprise had a net margin of 6.18% and a return on equity of 10.44%. During the same quarter in the prior year, the firm earned $0.34 EPS. View Hewlett Packard Enterprise's Earnings History.
When is Hewlett Packard Enterprise's next earnings date?
What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?
Hewlett Packard Enterprise updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $1.56-1.66 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.58. Hewlett Packard Enterprise also updated its FY 2019 guidance to $1.56-1.66 EPS.
What price target have analysts set for HPE?
16 brokerages have issued 12 month target prices for Hewlett Packard Enterprise's shares. Their forecasts range from $15.00 to $23.00. On average, they expect Hewlett Packard Enterprise's share price to reach $17.8333 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.
What is the consensus analysts' recommendation for Hewlett Packard Enterprise?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 2 sell ratings, 10 hold ratings and 4 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 somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Hewlett Packard Enterprise earned a news impact score of 1.7 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Are investors shorting Hewlett Packard Enterprise?
Hewlett Packard Enterprise saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 38,421,874 shares, an increase of 9.1% from the January 15th total of 35,217,326 shares. Based on an average daily trading volume, of 12,613,753 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.8% of the shares of the stock are sold short. View Hewlett Packard Enterprise's Current Options Chain.
Who are some of Hewlett Packard Enterprise's key competitors?
Some companies that are related to Hewlett Packard Enterprise include HP (HPQ), Arista Networks (ANET), Toshiba (TOSYY), F5 Networks (FFIV), Juniper Networks (JNPR), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI) and Black Box (BBOX).
What other stocks do shareholders of Hewlett Packard Enterprise own?
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 52)
- Mr. John F. Schultz, Exec. VP, Chief Legal & Admin. Officer and Sec. (Age 55)
- Mr. Henry Gomez, Exec. VP and Chief Marketing & Communications Officer (Age 56)
- Mr. Tarek A. Robbiati M.B.A., M.Sc., Exec. VP & CFO (Age 54)
- Mr. Jeff T. Ricci, Sr. VP, Controller & Principal Accounting Officer (Age 58)
Who are Hewlett Packard Enterprise's major shareholders?
Hewlett Packard Enterprise's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.93%), Pzena Investment Management LLC (2.46%), LSV Asset Management (1.44%), Northern Trust Corp (1.27%), Geode Capital Management LLC (1.27%) and Oregon Public Employees Retirement Fund (1.12%). 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 Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., First Trust Advisors LP, Millennium Management LLC, Dimensional Fund Advisors LP, Boston Partners, New York State Common Retirement Fund and MUFG Securities EMEA plc. Company insiders that have sold Hewlett Packard Enterprise company stock in the last year include 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 Oregon Public Employees Retirement Fund, Cambiar Investors LLC, AMF Pensionsforsakring AB, Bank of America Corp DE, Two Sigma Advisers LP, Poplar Forest Capital LLC, Royal London Asset Management Ltd. and Great West Life Assurance Co. Can. 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 $16.32.
How big of a company is Hewlett Packard Enterprise?
Hewlett Packard Enterprise has a market capitalization of $22.83 billion and generates $30.85 billion in revenue each year. The technology company earns $1.91 billion in net income (profit) each year or $1.56 on an earnings per share basis. Hewlett Packard Enterprise employs 60,000 workers across the globe.
What is Hewlett Packard Enterprise's official website?
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)
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.
