Hewlett Packard Enterprise Co (HPE) Now Covered by Analysts at Tigress Financial

Royal Bank of Canada Reaffirms

Covering sell-side analysts have recently weighed in on shares of Hewlett Packard Enterprise Company (NYSE:HPE).

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Company insiders own 0.87% of the company's stock.

On 4/13/2017, Hewlett Packard Enterprise Co (NYSE:HPE) ended trading session lower at $17.99 with -0.33%. The company has a market cap of $29.82 billion, a price-to-earnings ratio of 9.76 and a beta of 3.05. At the time of writing, the First Call consensus price target for the company is $20.50. These analysts and investment firms use various valuation methods to decide a price target for a stock.

The company is expected to report earnings of $0.36 a share for the next quarter. Zacks Investment Research cut shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Tuesday, February 7th.

On average, analysts expect that Hewlett Packard Enterprise will report full-year earnings of $1.48 per share for the current fiscal year, with EPS estimates ranging from $1.36 to $1.57.

The company's expected revenue in the current quarter to be 9.58 Billion, seeing a projected current quarter growth of -14.3%, and per annum growth estimates over the next 5 year period of around -12.37%. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. During the 52 -week period, the stock's price traded between range of $15.38 to $24.88. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. Over the past twelve months, Hewlett Packard Enterprise Company (NYSE:HPE)'s stock was -21.51%. The number of shares now owned by investors are 3.98 bln.

Shares outstanding are recorded as 1657.70 B and total shares floated are 1649.12 B. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.20. The stock as of last trading session moved 18.26% up from its 52 week low and was -27.48% behind its 52 week high.

Hewlett Packard Enterprise Company (NYSE:HPE)'s RSI (Relative Strength Index) is 26.79. Finally, CKW Financial Group raised its stake in shares of Hewlett Packard Enterprise by 5.6% in the third quarter. The Average Volume (3 months) is 12.01 Million. Finally, Ledyard National Bank raised its stake in shares of Hewlett Packard Enterprise by 0.8% in the third quarter. Capstone Asset Management Co. raised its stake in shares of Hewlett Packard Enterprise by 1.7% in the first quarter.

04/05/2017 - Hewlett Packard Enterprise Co had its " rating reiterated by analysts at Oppenheimer. Also, EVP Michael G. Nefkens sold 322,733 shares of the company's stock in a transaction that occurred on Wednesday, March 8th. Dodge & Cox bought a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at $4,831,636,000. Looking at a shorter time period, shares have been seen -27.24% away from the 50 day high and 4.27% off the 50 day low price. The stock plunged -20.69 percent over the past quarter, while declined -17.77 percent over the past six months. The ex-dividend date is Monday, June 12th. It operates through Enterprise Group, Software, Enterprise Services, and Hewlett Packard Financial Services segments. If you are viewing this article on another website, it was illegally stolen and republished in violation of USA & worldwide copyright legislation. This represents a $0.26 annualized dividend and a yield of 1.45%. The Enterprise Group segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, including private cloud platform; business critical systems; storage products, as well as 3PAR StoreServ, a Storage platform; and networking products comprising switches, points, controllers, routers, and wireless local area network and network management products. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 14.21%.

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