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Earnings Analysis & Update for Hewlett Packard Enterprise Co (NYSE:HPE)?
20 March 2017, 10:56 | Austin Hogan
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The stock's 52-week range is $15.38 - $24.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The Average Volume of the company is 9.96 Million and P/E (price to earnings) ratio is 12.39, while Forward P/E ratio is 11.3. The stock's 50 day moving average is $23.25 and its 200-day moving average is $22.92. 21 Analysts reported that the Price Target for Hewlett Packard Enterprise Company might touch $27 high while the Average Price Target and Low price Target is $24.52 and $20 respectively. The SI to Hewlett Packard Enterprise Company's float is 1.6%. Having the quarterly report agreed in place, the street professionals' activities for getting income and earnings figures lowers. The business earned $11.41 billion during the quarter, compared to analyst estimates of $12.09 billion. The return on equity ratio or ROE stands at 10 percent while most common profitability ratio return on investment (ROI) was 6.8 percent. The company's revenue for the quarter was down 10.4% on a year-over-year basis. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.91 on scale of 1-5.
Bunge Limited (NYSE:BG) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.42 per common share. Stockholders of record on Wednesday, March 15th will be issued a $0.065 dividend. The ex-dividend date is Monday, March 13th. This represents a $0.26 annualized dividend and a dividend yield of 1.14%. Hewlett Packard Enterprise's payout ratio is 14.21%. Analysts giving the company a rating of 3 would be indicating a Hold recommendation. Gabelli started coverage on Hewlett Packard Enterprise in a report on Monday, December 5th. They issued a "buy" rating and a $29.00 price target for the company. Hewlett Packard Enterprise Company got Downgrade on 28-Feb-17 where investment firm Argus Downgrade the stock from Buy to Hold.
A total of 23 equity analysts have released a ratings update on HPE. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $20.11.
Hewlett-Packard Company (NYSE:HPQ) has price target of $16.541 for forthcoming year.
Several hedge funds have recently bought and sold shares of the company. For trailing twelve months, EPS value for the stock is $4.38. LLC increased its stake in shares of Hewlett Packard Enterprise by 2,135.3% in the third quarter. With an institutional ownership near 87.8%, it carries an earnings per share ratio of 1.27. Global X Management Co. LLC now owns 5,320 shares of the company's stock valued at $121,000 after buying an additional 5,082 shares in the last quarter. Ledyard National Bank raised its position in Hewlett Packard Enterprise by 0.8% in the third quarter. Share performance for the month is now at -6.00%.
The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments.
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