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 Ratio16.17
Forward P/E Ratio10.61
P/E Growth1.13
Sales & Book Value
Annual Sales$28.87 billion
Price / Sales0.82
Cash Flow$2.9415 per share
Price / Cash5.30
Book Value$14.74 per share
Price / Book1.06
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
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 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 dividend yield of 2.89%. The ex-dividend date is Tuesday, June 12th. This is a boost 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 announced that its board has authorized a stock repurchase program on Friday, February 23rd 2018, which permits the company to buyback $5,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign 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, beating analysts' consensus estimates of $0.31 by $0.03. The technology company had revenue of $7.47 billion for the quarter, compared to analyst estimates of $7.39 billion. Hewlett Packard Enterprise had a net margin of 9.36% and a return on equity of 8.25%. Hewlett Packard Enterprise's revenue was up 9.7% on a year-over-year basis. 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 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 Wall Street analysts have issued 1 year price objectives for Hewlett Packard Enterprise's stock. Their predictions range from $12.00 to $22.00. On average, they anticipate Hewlett Packard Enterprise's stock price to reach $17.0476 in the next twelve months. This suggests a possible upside of 9.5% 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’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. Additionally, the encouraging bottom-line guidance for Q3 and raised outlook for fiscal 2018 is favorable. 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." (7/16/2018)
- 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 in 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 days-to-cover ratio is presently 2.0 days. Approximately 2.3% of the shares of the company are short sold. 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), Toshiba (TOSYY), Arista Networks (ANET), 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 Black Box (BBOX).
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?
Media headlines about HPE stock have been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hewlett Packard Enterprise earned a news impact score of 0.09 on Accern's scale. They also assigned news articles about the technology company an impact score of 45.60 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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%), Bank of Montreal Can (0.09%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), State of Alaska Department of Revenue (0.02%), Xact Kapitalforvaltning AB (0.02%) and NN Investment Partners Holdings N.V. (0.02%). 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 bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Bank of Montreal Can, State of Alaska Department of Revenue, Capital One National Association, Gateway Investment Advisers LLC, Clinton Group Inc., Summit Financial Wealth Advisors LLC and Burke & Herbert Bank & Trust Co.. 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 $15.57.
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)
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.
