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

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$15.25 +0.50 (+3.39 %)
(As of 05/22/2019 01:34 AM ET)
Previous Close$14.75
Today's Range$14.86 - $15.31
52-Week Range$12.09 - $17.68
Volume9.01 million shs
Average Volume10.59 million shs
Market Capitalization$20.90 billion
P/E Ratio9.78
Dividend Yield3.05%
Beta1.55
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.

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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone650-687-5817

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.85 billion
Cash Flow$3.6052 per share
Book Value$14.46 per share

Profitability

Net Income$1.91 billion

Miscellaneous

Employees60,000
Outstanding Shares1,370,378,000
Market Cap$20.90 billion
Next Earnings Date5/23/2019 (Confirmed)
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, April 4th. Shareholders of record on Wednesday, June 12th will be paid a dividend of $0.1125 per share on Wednesday, July 3rd. This represents a $0.45 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, June 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 stock 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 an indication that the company's leadership believes its shares are undervalued.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise Co (NYSE:HPE) posted its earnings results on Thursday, February, 21st. The technology company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.35 by $0.07. The technology company earned $7.55 billion during the quarter, compared to analysts' expectations of $7.68 billion. Hewlett Packard Enterprise had a net margin of 2.11% and a return on equity of 11.31%. During the same quarter last year, the firm posted $0.34 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 Thursday, May 23rd 2019. View Earnings Estimates for Hewlett Packard Enterprise.

How can I listen to Hewlett Packard Enterprise's earnings call?

Hewlett Packard Enterprise will be holding an earnings conference call on Thursday, May 23rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

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 EPS 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?

15 brokerages have issued 12 month target prices for Hewlett Packard Enterprise's stock. Their predictions range from $13.00 to $23.00. On average, they anticipate Hewlett Packard Enterprise's share price to reach $16.8333 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 4 sell ratings, 8 hold ratings and 3 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 first-quarter results benefited from its Intelligent Edge segment, which was driven by solid growth in Aruba Services and Aruba Product revenues. Consistent installed base growth is boosting Aruba Services while strong growth across both wired and wireless LAN is enhancing Aruba Product revenues. Notably, significant investment in Intelligent Edge is helping the company maintain its leadership position in the high growth-opportunity market. Also, it is gaining from its focus on high margin businesses such as IoT, server, storage and Big Data. Additionally, cost-saving initiatives, operating margin expansion and a solid capital return strategy bode well for the company. Hewlett Packard has raised is EPS guidance for the current fiscal year. However, the challenge imposed on the company due to the acquisition of EMC by Dell is a headwind. Moreover, reduced Tier one server sales is an overhang on the top line." (2/26/2019)
  • 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 stories about HPE stock have been trending somewhat negative on Wednesday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hewlett Packard Enterprise earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a drop in short interest in April. As of April 30th, there was short interest totalling 27,367,055 shares, a drop of 16.0% from the April 15th total of 32,590,918 shares. Based on an average trading volume of 9,741,333 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.0% 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?

What other stocks do shareholders of Hewlett Packard Enterprise own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Visa (V), Intel (INTC), Cisco Systems (CSCO), Netflix (NFLX), Bank of America (BAC) and General Electric (GE).

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. Tarek A. Robbiati M.B.A., M.Sc., Exec. VP & CFO (Age 54)
  • 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. Philip A. Davis, Chief Sales Officer & Pres of Hybrid IT Bus. Group (Age 51)

Who are Hewlett Packard Enterprise's major shareholders?

Hewlett Packard Enterprise's stock is owned by many different of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (6.71%), BlackRock Inc. (6.65%), Hotchkis & Wiley Capital Management LLC (3.36%), Pzena Investment Management LLC (2.46%), Boston Partners (2.11%) and Geode Capital Management LLC (1.47%). 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, 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 Hotchkis & Wiley Capital Management LLC, BlackRock Inc., FMR LLC, AJO LP, JPMorgan Chase & Co., Northern Trust Corp, Pzena Investment Management LLC and Hexavest Inc.. Company insiders that have sold Hewlett Packard Enterprise company stock in the last year include Antonio F Neri, Henry Gomez, Jeff T Ricci, John F Schultz, 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 Boston Partners, Skandinaviska Enskilda Banken AB publ , Geode Capital Management LLC, Charles Schwab Investment Management Inc., DNB Asset Management AS, Dimensional Fund Advisors LP, Banco Santander S.A. and Todd Asset Management 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 $15.25.

How big of a company is Hewlett Packard Enterprise?

Hewlett Packard Enterprise has a market capitalization of $20.90 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?

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 6280 America Center Drive, San Jose CA, 95002. 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:  656 (Vote Outperform)
Underperform Votes:  594 (Vote Underperform)
Total Votes:  1,250
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 5/22/2019 by MarketBeat.com Staff

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