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.
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 Ratio17.36
Forward P/E Ratio11.58
P/E Growth1.18
Sales & Book Value
Annual Sales$28.87 billion
Price / Sales0.87
Cash Flow$3.07 per share
Price / Cash5.43
Book Value$14.74 per share
Price / Book1.13
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$24.00 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 declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Wednesday, September 12th will be paid a dividend of $0.1125 per share on Wednesday, October 3rd. This represents a $0.45 annualized dividend and a yield of 2.70%. The ex-dividend date is Tuesday, September 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 has authorized a share buyback plan 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 purchase shares of its stock through open market purchases. Stock buyback plans are often 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) posted its quarterly earnings results on Tuesday, May, 22nd. The technology company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The technology company earned $7.47 billion during the quarter, compared to analyst estimates of $7.39 billion. Hewlett Packard Enterprise had a return on equity of 8.25% and a net margin of 9.36%. Hewlett Packard Enterprise's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.35 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 issued an update on its FY18 earnings guidance on Tuesday, May, 22nd. The company provided earnings per share (EPS) guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 12 month target prices for Hewlett Packard Enterprise's shares. Their forecasts range from $12.00 to $22.00. On average, they anticipate Hewlett Packard Enterprise's stock price to reach $17.0476 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.
What is the consensus analysts' recommendation for Hewlett Packard Enterprise?
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." 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’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 the acquisitions of SimpliVity, Cloud Cruiser and Nimble Storage. Moreover, the company’s announcement of returning $7 billion to shareholders is also a positive. 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. Moreover, competition from bigger companies is a major concern. Besides, foreign exchange volatility is also an overhang on the company's top-line." (7/24/2018)
- 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 decrease in short interest in the month of July. As of July 13th, there was short interest totalling 29,420,915 shares, a decrease of 10.0% from the June 29th total of 32,684,395 shares. Based on an average daily volume of 7,516,169 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.9% 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), Xplore Technologies (XPLR), Lantronix (LTRX), Echelon (ELON) and BIO-key International (BKYI).
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?
News coverage about HPE stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public 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 media headlines about the technology company an impact score of 47.08 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Hewlett Packard Enterprise.
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 shareholders include BlackRock Inc. (6.59%), Pzena Investment Management LLC (2.25%), Dimensional Fund Advisors LP (1.06%), LSV Asset Management (1.04%), Schroder Investment Management Group (0.99%) and Boston Partners (0.92%). 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 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 acquired 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 $16.67.
How big of a company is Hewlett Packard Enterprise?
Hewlett Packard Enterprise has a market capitalization of $24.00 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)
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.
