Hewlett Packard Enterprise Co (HPE) Analysts See $0.26 EPS

James Marshall
August 12, 2017

Raymond James Financial, Inc. reissued an "outperform" rating and issued a $21.00 price target on shares of Hewlett Packard Enterprise in a research note on Monday, June 5th. Hewlett Packard Enterprise had 39 analyst reports since November 3, 2015 according to SRatingsIntel. Stifel Nicolaus reaffirmed a "hold" rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, May 26th. Credit Suisse Group reiterated a "buy" rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research note on Tuesday, May 23rd.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Chaffey Breeze and is owned by of Chaffey Breeze. The total value of its holdings decreased 16.7%. The number of shares now owned by investors are 227.45 mln. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Margaret C. Whitman sold 132,192 shares of the stock in a transaction that occurred on Wednesday, June 21st. Following the transaction, the chief executive officer now owns 865,021 shares in the company, valued at $14,454,500.91. The disclosure for this sale can be found here. The last close places the company's stock about $2.04 off its 52 week high of $19.16 and $1.66 above the 52 week low of $15.46.

A number of other analysts have also recently commented on the stock.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) remained flat at 0.06% in morning trade Wednesday. The stock now has an average rating of "Hold" and an average price target of $21.87. Following the transaction, the chief executive officer now directly owns 962,433 shares of the company's stock, valued at approximately $17,150,556.06.

Among 28 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 9 have Buy rating, 3 Sell and 16 Hold. As of the end of the quarter Poplar Forest Capital LLC had bought a total of 444,768 shares growing its holdings by 19.1%. Laurion Capital Management Lp bolstered its position by buying 528,625 shares an increase of 689.8% from 03/31/2017 to 06/30/2017. GABELLI & Co INVESTMENT ADVISERS INC. now owns 147,315 shares of the technology company's stock worth $2,444,000 after buying an additional 35,165 shares during the last quarter. Finally, Primecap Management Co. The value of the investment in Hewlett Packard Enterprise Comp decreased from $4,143,000 to $3,152,000 a change of 23.9% quarter to quarter. The analyst recommendations from a month ago are 3 Buy, 1 Overweight, 2 Sell, 3 Hold and 1 Underweight.

Shares of Hewlett Packard Enterprise (NYSE:HPE) opened at 17.30 on Friday.

Session activity on ICICI Bank Limited (NYSE:IBN) shares bumps the stock on today's most active list. The company has market cap of $28.84 billion.

Digging a bit further, company shares have been noted -10.28% off the 52 week high and 11.22% away from the 52 week low. The firm's 50-day moving average is $17.20 and its 200-day moving average is $17.61.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, May 31st. During the same period in the prior year, the company posted $0.42 EPS. For the quarter, shares have been noted at 6.81%. The firm had revenue of $9.90 billion during the quarter, compared to analyst estimates of $9.75 billion. (NASDAQ:MDRX) ended its day at $12.35 with the rising stream of -0.08% and its total traded volume was 2.71 million shares less than the average volume. Hewlett Packard Enterprise's revenue for the quarter was down 22.1% compared to the same quarter a year ago. Share performance for the month is now at 1.57%. Hewlett Packard Enterprise Comp also recently announced a dividend for shareholders which will be paid on Wednesday the 4th of October 2017. Investors of record on Wednesday, September 13th will be issued a dividend of $0.065 per share. This dividend represents a yield of $1.47. The ex-dividend date of this dividend is Tuesday, September 12th. Hewlett Packard Enterprise's dividend payout ratio is presently 20.16%. The Company's plasma assisted biomass to energy plants utilizes technologies that produces green energy, including fuel and electricity.

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