About Hewlett Packard Enterprise (NYSE:HPE)
Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Financial Services, and Corporate Investments segments. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers' computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, and StoreVirtual products, as well as traditional storage solutions, such as tape, storage networking, and legacy external disk products for enterprise and small- and medium-size business; software-defined switches, routers, wireless local area network equipment, network virtualization equipment, security software, location-based services, and network management products; and data center care, proactive care, and technology consulting services, as well as Aruba Services, and communications and media solutions. The Financial Services segment provides leasing, financing, IT consumption and utility programs, and asset management services. The Corporate Investments segment is involved in HP labs and certain cloud-related incubation activities. The company markets and sells its products through resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. 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
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 Ratio16.57
Forward P/E Ratio10.82
P/E Growth1.16
Sales & Book Value
Annual Sales$28.87 billion
Price / Sales0.83
Cash Flow$2.9139 per share
Price / Cash5.46
Book Value$14.74 per share
Price / Book1.08
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
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 announced a quarterly dividend on Thursday, April 5th. Shareholders of record on Wednesday, June 13th will be paid a dividend of $0.1125 per share on Wednesday, July 4th. This represents a $0.45 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Tuesday, June 12th. This is a positive change 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 declared that its board has approved a share buyback plan on Friday, February 23rd 2018, which authorizes the company to repurchase $5,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.
How were Hewlett Packard Enterprise's earnings last quarter?
Hewlett Packard Enterprise Co (NYSE:HPE) posted its quarterly earnings data on Tuesday, May, 22nd. The technology company reported $0.34 earnings per share 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 analysts' expectations of $7.39 billion. Hewlett Packard Enterprise had a net margin of 9.36% and a return on equity of 8.25%. The company's quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.35 earnings per share. 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 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 equities research analysts have issued twelve-month target prices 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 $17.2857 in the next year. 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 recently reported better-than-expected results for Q2. Buoyed by impressive quarterly performance the company issued an encouraging bottom-line guidance for Q3 and raised its outlook for fiscal 2018. Hewlett Packard’s announcement of returning $7 billion to shareholders by fiscal 2019 is also encouraging. Going ahead, we are optimistic about the company’s massive restructuring initiatives. 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. However, the challenge imposed on the company due to the acquisition of EMC by Dell is somewhat of a headwind. Notably, the stock has underperformed the industry over the past one year." (5/28/2018)
- 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 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 trading volume of 17,222,521 shares, the short-interest ratio is presently 2.0 days. Currently, 2.3% of the shares of the stock are short sold.
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), Black Box (BBOX), Xplore Technologies (XPLR) 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 headlines about HPE stock have been trending somewhat positive on Monday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hewlett Packard Enterprise earned a coverage optimism score of 0.03 on Accern's scale. They also gave news coverage about the technology company an impact score of 46.10 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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. (6.26%), Pzena Investment Management LLC (2.26%), Franklin Resources Inc. (1.41%), Northern Trust Corp (1.14%), Dimensional Fund Advisors LP (1.03%) and Schroder Investment Management Group (0.99%). 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 Pzena Investment Management LLC, Boston Partners, KBC Group NV, FIL Ltd, Victory Capital Management Inc., Guggenheim Capital LLC, Federated Investors Inc. PA and Swiss National Bank. 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 Prudential Financial Inc., Millennium Management LLC, Ceredex Value Advisors LLC, Natixis, Element Capital Management LLC, Russell Investments Group Ltd., Polaris Capital Management LLC and WINTON GROUP Ltd. 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 $15.91.
How big of a company is Hewlett Packard Enterprise?
Hewlett Packard Enterprise has a market capitalization of $24.15 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 (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.
