Analysts See $0.31 EPS for Hewlett Packard Enterprise Company (HPE)

Do Apple Hewlett Packard Enterprise Buybacks Bolster The Bull Thesis

Deutsche Bank raised their price target on Hewlett Packard Enterprise from $16.00 to $19.00 and gave the company a "buy" rating in a research report on Monday, January 29th. The sale was disclosed in a filing with the SEC, which is accessible through this link. "Nonetheless, we remain slightly cautious about the company's near-term prospects due to the three main challenges it is now facing - heightened pressure from competitive pricing, elevated commodities pricing and some near-term execution issues". The stock price volatility for last week at the close of regular trading was 5.31%, pushing the figure for the whole month to now reaching 8.5%. Boston Partners owned approximately 0.53% of Hewlett Packard Enterprise worth $146,537,000 at the end of the most recent quarter. Two analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and ten have issued a buy rating to the company's stock. The company's price to sales ratio for trailing twelve months is 0.95 and price to book ratio for most recent quarter is 1.16, whereas price to cash per share for the most recent quarter is 2.47. 3,660,596 shares of the company's stock were exchanged, compared to its average volume of 12,516,018. The recent close goes a long way in suggesting that the stock price is being underpriced by a 0.5% compared to the most bullish target. Pzena Investment Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 18.6% in the fourth quarter. This organization, at the moment, has a market cap of $27.67B, and its PE ratio is 47.64.

Hewlett Packard Enterprise Comp has a Beneish M-Score of -2.71. Pivotal Research reiterated a "hold" rating and issued a $20.00 price target (up from $13.00) on shares of Hewlett Packard Enterprise in a research report on Friday, February 23rd. The quarterly performance is giving indications that stock is trading with a tendency toward upward trend. Hewlett Packard Enterprise Company (NYSE:HPE) has risen 33.00% since May 10, 2017 and is uptrending.

COPYRIGHT VIOLATION NOTICE: "Brokerages Set Hewlett Packard Enterprise (HPE) PT at $17.46" was first posted by Macon Daily and is owned by of Macon Daily.

Several hedge funds and other institutional investors have recently modified their holdings of the company. LSV Asset Management now owns 10,904,432 shares of the technology company's stock worth $191,263,000 after buying an additional 242,200 shares during the period.

Day traders strive to make money by exploiting minute price movements in individual assets (usually stocks, though currencies, futures, and options are traded as well), usually leveraging large amounts of capital to do so, therefore they trade on Stocks in Play. Greenleaf Trust now owns 22,635 shares of the technology company's stock valued at $325,000 after purchasing an additional 3,832 shares during the period. Zacks Investment Research lowered Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Tuesday, April 3rd.

Despite the past success, investors want to know where the stock is headed from here.

In related news, insider Philip Davis sold 16,405 shares of the firm's stock in a transaction on Tuesday, February 27th. Also, insider Keerti Melkote sold 87,113 shares of the stock in a transaction that occurred on Thursday, March 15th. The disclosure for this sale can be found here. The Institutional ownership of the firm is 85.00% while Insiders ownership is 0.20%.

NYSE:HPE opened at $17.63 on Thursday. The overall volume in the last trading session was 135,882 shares. According to the Analysts, the Low Earnings estimate for the current quarter is $0.28, while the High earnings estimate is $0.34.Comparatively, EPS for the same quarter a year ago was $0.31. Hewlett Packard Enterprise presently has a consensus rating of Hold and a consensus target price of $17.38.

The Hewlett Packard Enterprise Company is having a distance of 0.35% form 20 day moving average, SMA 50 of -2.84% and an SMA 200 of 13.37%.Hewlett Packard Enterprise Company a United States of America based Company, belongs to Technology sector and Communication Equipment industry. As the F-score measures the financial health of a company, stocks with a high F-score of 7 to 9 are considered to be safer and better investments than those with lower scores. The business had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $7.07 billion. The company's revenue was up 11.6% compared to the same quarter previous year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 4th. Stockholders of record on Wednesday, June 13th will be issued a dividend of $0.1125 per share.

IBM pays an annual dividend of $6.00 per share and has a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, June 12th. 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. Hewlett Packard Enterprise's dividend payout ratio is 31.25%. 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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