A number of research firms have changed their ratings and price targets for Hewlett Packard Enterprise (NYSE: HPE):

  • 11/22/2017 – Hewlett Packard Enterprise had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $18.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “buy” rating reaffirmed by analysts at Gabelli.
  • 11/22/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Maxim Group. They now have a $15.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 11/22/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at UBS AG. They now have a $15.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Morgan Stanley. They now have a $14.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “sell” rating reaffirmed by analysts at Bank of America Corp. They now have a $12.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $17.00 price target on the stock.
  • 11/22/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $15.00 price target on the stock.
  • 11/15/2017 – Hewlett Packard Enterprise was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estimates have remained unchanged ahead of Hewlett Packard Enterprise’s Q4 earnings release. The company has a mixed record of earnings surprises in recent quarters. During the Q3 earnings conference call, the company had provided a disappointing guidance for Q4 which undermines its near-term prospects. It hinted that competitive pricing, heightened commodities pricing pressure and some dilution from M&A will dent the bottom-line performance. Nonetheless, we are encouraged by the company’s massive restructuring initiatives. On 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. And on the other hand, it is enhancing its capabilities in the hybrid IT model as evident from the recent agreements to acquire SimpliVity and Cloud Cruiser. We believe the company’s focus on hybrid IT model will drive growth over the long run.”
  • 11/14/2017 – Hewlett Packard Enterprise is now covered by analysts at Wells Fargo & Company. They set a “market perform” rating and a $15.00 price target on the stock.
  • 10/31/2017 – Hewlett Packard Enterprise was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Estimates have remained unchanged ahead of Hewlett Packard Enterprise’s Q4 earnings release. The company has a mixed record of earnings surprises in recent quarters. During the Q3 earnings conference call, the company had provided a disappointing guidance for Q4 which undermines its near-term prospects. It hinted that competitive pricing, heightened commodities pricing pressure and some dilution from M&A will dent the bottom-line performance. Nonetheless, we are encouraged by the company’s massive restructuring initiatives. On 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. And on the other hand, it is enhancing its capabilities in the hybrid IT model as evident from the recent agreements to acquire SimpliVity and Cloud Cruiser. We believe the company’s focus on hybrid IT model will drive growth over the long run.”
  • 10/20/2017 – Hewlett Packard Enterprise was downgraded by analysts at UBS AG from a “buy” rating to a “neutral” rating. They now have a $15.00 price target on the stock, down previously from $16.00.
  • 10/20/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 10/20/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Mizuho. They now have a $14.00 price target on the stock.
  • 10/19/2017 – Hewlett Packard Enterprise had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $17.00 price target on the stock.
  • 10/19/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $16.00 price target on the stock.
  • 10/17/2017 – Hewlett Packard Enterprise is now covered by analysts at Pivotal Research. They set a “hold” rating and a $14.00 price target on the stock. They wrote, “We use a PE and P/FCF multiple comparison to value the shares. Our rating is HOLD, and we put the price target at $14, or 11x our FY19 EPS estimate. Alternatively, our FCF estimates for FY18/FY19 are $2.0b and $2.25b. FCF has multiple has ranged between 7.5x and 11x. If we use a 11x on FY19E we get $24.7b market cap. Both estimates are where the shares are now. RISKS: Even with a smaller company there are still material, or even higher risks than before in a ‘portfolio’ set of businesses. Meg Whitman said it best “what I’ve learnt over the last six years in this business, there is always something that could happen.” The issues were commodity prices, competition, and at times FX. Now it remains the cloud, an economic downturn, or white box competition.””
  • 10/16/2017 – Hewlett Packard Enterprise was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating.
  • 10/13/2017 – Hewlett Packard Enterprise was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $16.00 price target on the stock, up previously from $14.80.
  • 10/11/2017 – Hewlett Packard Enterprise had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $15.00 price target on the stock.
  • 10/10/2017 – Hewlett Packard Enterprise had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $18.00 price target on the stock.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) opened at $13.95 on Friday. The stock has a market capitalization of $22,138.60, a price-to-earnings ratio of 10.68, a price-to-earnings-growth ratio of 2.34 and a beta of 2.59. Hewlett Packard Enterprise Company has a 12-month low of $12.81 and a 12-month high of $24.88. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.43.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.03. Hewlett Packard Enterprise had a net margin of 0.93% and a return on equity of 7.70%. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $7.78 billion. During the same period in the previous year, the firm posted $0.61 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.19 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be paid a $0.075 dividend. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. The ex-dividend date is Tuesday, December 12th. This represents a $0.30 annualized dividend and a dividend yield of 2.15%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 123.82%.

In other news, CEO Margaret C. Whitman sold 249,052 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $13.14, for a total value of $3,272,543.28. Following the transaction, the chief executive officer now directly owns 892,118 shares in the company, valued at approximately $11,722,430.52. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Henry Gomez sold 55,200 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $13.53, for a total transaction of $746,856.00. Following the completion of the sale, the executive vice president now owns 45,004 shares in the company, valued at $608,904.12. The disclosure for this sale can be found here. Insiders sold 2,920,273 shares of company stock valued at $41,288,784 in the last quarter. Company insiders own 0.87% of the company’s stock.

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

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