Hewlett Packard Enterprise Company (NYSE:HPE) Quarterly EPS Analysis


The firm owned 48,300 shares of the technology company's stock after selling 61,100 shares during the period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Finally, OZ Management LP raised its stake in Hewlett Packard Enterprise by 212.4% in the third quarter. The company reported the earnings of $0.45/Share in the last quarter where the estimated EPS by analysts was $0.44/share. Nikko Asset Management Americas Inc. acquired a new position in Hewlett Packard Enterprise during the third quarter worth about $205,000.

Hewlett Packard Enterprise Comp (NYSE:HPE)'s revenue estimates for the current quarter are $9.73 Billion according to 21 number of analysts, for the current quarter the company has high revenue estimates of $11.63 Billion in contradiction of low revenue estimates of $7.32 Billion. Haverford Trust Co. increased its stake in Hewlett Packard Enterprise by 0.7% in the fourth quarter. These ratios are important while doing valuation of the company or the shares of the company. Franklin Street Advisors Inc. 12,433,342 shares of the company traded hands.

Many analysts are providing their Estimated Earnings analysis for Hewlett Packard Enterprise Company and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $0.36/share. The firm has a market capitalization of $31.13 billion, a P/E ratio of 10.18 and a beta of 3.05. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 0.63% where SMA50 and SMA200 are -6.45% and -14.59% respectively. Hewlett Packard Enterprise Co has a 52-week low of 15.38 and a 52-week high of 24.88.

12/05/2016 - Gabelli began new coverage on Hewlett Packard Enterprise Co giving the company a "buy" rating. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.36. The analysts estimated sales for the higher end at 11635 million and lower end at 7318 million while the year ago reported sale was 12324 million. Hewlett Packard Enterprise Company P/E (price to earnings) ratio is 10.2 and Forward P/E ratio of 13.84. The business's revenue was down 10.4% on a year-over-year basis. During the same period past year, the firm earned $0.41 earnings per share. This represents a $0.26 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Monday, June 12th. Hewlett Packard Enterprise's payout ratio is presently 14.21%.

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Currently Hewlett Packard Enterprise Comp (NYSE:HPE)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 83.3%.

A number of analysts recently weighed in on the stock. The share price of the stock surged 7.75% for the year. CIBC cut their price objective on Hewlett Packard Enterprise from $27.00 to $21.00 and set a "buy" rating for the company in a report on Thursday, April 6th. Deutsche Bank AG reaffirmed a "buy" rating and issued a $25.00 price target on shares of Hewlett Packard Enterprise in a report on Monday, February 27th. Needham & Company LLC downgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Friday, February 24th. The stock has "Outperform" rating by BMO Capital Markets on Friday, December 11. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The company now has a consensus rating of "Hold" and an average target price of $22.83.

Investors and Traders continue to monitor technical levels of shares of Adobe Systems Incorporated (ADBE). The stock is now trading -11.80% below its SMA 50 and -3.79% below its SMA 200. The company's beta value is at 0. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Michael G. Nefkens sold 831,311 shares of the business's stock in a transaction on Friday, March 10th. The shares were sold at an average price of $24.00, for a total value of $412,224.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,604,844 shares of company stock valued at $35,480,436 over the last 90 days.

Hewlett Packard Enterprise Company is a provider of technology solutions.



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