Hewlett Packard Enterprise Company Company Profile (NYSE:HPE)

Hewlett Packard Enterprise Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPE."

Hewlett Packard Enterprise Company announced a quarterly dividend on Thursday, March 23rd. Shareholders of record on Wednesday, June 14th will be paid a dividend of $0.065 per share on Wednesday, July 5th. This represents a $0.26 annualized dividend and a yield of 1.55%. The ex-dividend date is Monday, June 12th. View Hewlett Packard Enterprise Company's Dividend History.

Hewlett Packard Enterprise Company (NYSE:HPE) issued its quarterly earnings data on Wednesday, May, 31st. The company reported $0.35 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.35. The company earned $9.90 billion during the quarter, compared to analyst estimates of $9.75 billion. Hewlett Packard Enterprise Company had a net margin of 4.85% and a return on equity of 9.80%. The company's revenue for the quarter was down 22.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 earnings per share. View Hewlett Packard Enterprise Company's Earnings History.

Hewlett Packard Enterprise Company is scheduled to release their next quarterly earnings announcement on Tuesday, September, 5th 2017. View Earnings Estimates for Hewlett Packard Enterprise Company.

Hewlett Packard Enterprise Company issued an update on its FY17 earnings guidance on Wednesday, May, 31st. The company provided earnings per share guidance of $1.46-1.56 for the period, compared to the Thomson Reuters consensus estimate of $1.47. Hewlett Packard Enterprise Company also updated its Q3 guidance to $0.24-0.28 EPS.

27 brokers have issued twelve-month price objectives for Hewlett Packard Enterprise Company's stock. Their predictions range from $17.00 to $29.00. On average, they expect Hewlett Packard Enterprise Company's share price to reach $21.55 in the next twelve months. View Analyst Ratings for Hewlett Packard Enterprise Company.

Here are some recent quotes from research analysts about Hewlett Packard Enterprise Company stock:

• 1. Robert W. Baird analysts commented, "We attended HPE Discover, the company’s annual user and partner conference, in Las Vegas this week. Attendance was down this year at nearly 9,000 versus 10,000 attendees in the last two years. Refined focus ex-Services & Software has given management confidence on HPE’s ability to out-innovate larger competitors and capture opportunities like Hybrid IT , Edge Computing, and IoT . We generally view the focus as positive but remain Neutral-rated given secular and competitive pressures facing HPE’s core markets. IR SUMMIT: – F17 guidance. Although there was no change to F17 guidance, management did provide detail on back-end loaded EPS targets. Specifically, the company expects normal year-end seasonality and the previously announced $200-30M cost savings to provide 300-400 bps upside to EG margins by Q4. Around half of the cost savings will be aimed at transitory items (i.e., discretionary tightening) with the remainder focused on more permanent structural realignment (i.e., “right-sizing” recent acquisitions). – EG margins. Despite growth in higher-margin businesses (e.g., 3PAR, Aruba), overall EG margins have continued to decline. Management noted that half of the 300bps decline witnessed in FQ2 was due to DRAM-related pressure (20-25% of server BOM), which could abate with near-term customer pricing traction and medium-term component supply improvements." (6/7/2017)
• 2. According to Zacks Investment Research, "Hewlett Packard Enterprise offers technology solutions to business and public sector enterprises. The company reported lower-than-expected bottom-line results. Revenues also declined significantly on a year-over-year basis mainly due to reduced server unit sales, decline in software sales, competitive pricing, heightened commodities pricing pressure, unfavorable exchange rates, soft market condition and some execution issues. Nonetheless, we are encouraged by the company’s massive restructuring initiatives. On the one hand, it is offloading low margin business such as Software, which in our opinion will improvise the company’s margins over the long run. On the other hand, it is enhancing its capabilities in the hybrid IT model as evident from the company’s recent agreements to acquire SimpliVity and Cloud Cruiser. We believe that the company’s focus on hybrid IT model will drive growth in the long run." (6/5/2017)
• 3. Jefferies Group LLC analysts commented, "We are maintaining our BUY rating and $10.00 target price. We maintain our view that the risk/reward profile looks interesting at these levels." (4/4/2017)
• 4. Mizuho analysts commented, "HP Enterprise announced its acquisition of Nimble Storage for $12.50 per share (plus $200mm of unvested equity awards) today before market open representing a net cash purchase price of $1 billion. The deal is scheduled to close in April (subject to regulatory approvals) and HPE expects the acquisition to be accretive to EPS in the first full fiscal year following the close. Nimble, founded in 2007, offers all-flash and hybrid-flash storage products and has 10K customers and 1,300 employees." (3/7/2017)
• 5. BMO Capital Markets analysts commented, "We are downgrading shares of HPE to Market Perform from Outperform and lowering our price target to $24 from $27. The factors behind HPE's weak results and guidance could persist for several quarters and as the focus shifts to the RemainCo, we expect the shares to stay range-bound. Outside of the divestitures, there are no meaningful catalysts on the horizon, and while that and low valuation could provide support for the shares, there is also not much upside." (2/24/2017)

Hewlett Packard Enterprise Company saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 27,921,634 shares, an increase of 29.2% from the May 31st total of 21,613,730 shares. Based on an average daily trading volume, of 16,994,823 shares, the short-interest ratio is currently 1.6 days. Currently, 1.7% of the shares of the stock are sold short.

Some companies that are related to Hewlett Packard Enterprise Company include HP (HPQ), Seagate Technology PLC (STX), Logitech International S.A. (LOGI), Electronics for Imaging (EFII), Synaptics Incorporated (SYNA), Knowles Corporation (KN), ScanSource (SCSC), PC Connection (CNXN), Xaar plc (XAR), Quantum Corporation (QTM), Focusrite PLC (TUNE), RadiSys Corporation (RSYS), Key Tronic Corporation (KTCC), Digital River (DRIV), Domino Printing Sciences Plc (DNO), EMC (EMC), Fusion-IO (FIO) and Lexmark International (LXK).

Hewlett Packard Enterprise Company's management team includes the folowing people:

• Patricia F. Russo, Independent Chairman of the Board
• Margaret C. Whitman, President, Chief Executive Officer
• Timothy C. Stonesifer, Chief Financial Officer, Executive Vice President
• Christopher P. Hsu, Chief Operating Officer, Executive Vice President
• Henry C. Gomez, Executive Vice President, Chief Marketing, Communications Officer
• John F. Schultz J.D., Executive Vice President, General Counsel, Secretary
• Michael G. Nefkens, Executive Vice President and General Manager - Enterprise Services
• Antonio F. Neri, Executive Vice President and General Manager - Enterprise Group
• Alan May, Executive Vice President - Human Resources
• Kirt P. Karros, Senior Vice President - Finance, Treasurer

Hewlett Packard Enterprise Company's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.60%), BlackRock Inc. (6.00%), State Street Corp (4.58%), Primecap Management Co. CA (3.70%), Hotchkis & Wiley Capital Management LLC (3.06%) and Boston Partners (1.83%). Company insiders that own Hewlett Packard Enterprise Company stock include Ann M Livermore, Antonio F Neri, Christopher P Hsu, Jeff T Ricci, John F Schultz, Kirt P Karros, Margaret C Whitman, Michael G Nefkens, Michael J Angelakis, Robert Youngjohns and Timothy C Stonesifer. View Institutional Ownership Trends for Hewlett Packard Enterprise Company.

Hewlett Packard Enterprise Company's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Parametric Portfolio Associates LLC, UBS Asset Management Americas Inc., Credit Suisse AG, Alliancebernstein L.P., JPMorgan Chase & Co., Boston Partners and Massachusetts Financial Services Co. MA. Company insiders that have sold Hewlett Packard Enterprise Company stock in the last year include Ann M Livermore, Antonio F Neri, Christopher P Hsu, Jeff T Ricci, John F Schultz, Kirt P Karros, Margaret C Whitman, Michael G Nefkens, Robert Youngjohns and Timothy C Stonesifer. View Insider Buying and Selling for Hewlett Packard Enterprise Company.

Hewlett Packard Enterprise Company's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Hotchkis & Wiley Capital Management LLC, Primecap Management Co. CA, Jana Partners LLC, Vanguard Group Inc., OZ Management LP, Levin Capital Strategies L.P. and Bank of New York Mellon Corp. View Insider Buying and Selling for Hewlett Packard Enterprise Company.

Shares of Hewlett Packard Enterprise Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Hewlett Packard Enterprise Company stock can currently be purchased for approximately $16.81.