The current price is seen ranging between $56.04 and $56.7.
Several other equities research analysts have also commented on HPE. Maxim Group restated a "hold" rating and issued a $14.00 target price (down previously from $18.00) on shares of Hewlett Packard Enterprise in a report on Wednesday, September 6th. Loop Capital assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, August 22nd. Of the 22 analysts surveyed by Reuters that track LEN 12 of them rate its stock a hold.
A total of 23 brokerages have issued a ratings update on Hewlett Packard Enterprise. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.11. Currently Analysts have a mean recommendation of 2.50 on the shares. The company now has a consensus rating of "Hold" and a consensus price target of $18.51.
Hewlett Packard Enterprise Company (HPE) stock is most attractive stock of Wall Street. Short-term traders are anticipated to see a retreat of -21.89% over the course of a quarter and, with 90% chance the price will be floating in the range of $8.94 and $12.52 in this timeframe.
Moving toward the return on equity, that was booked as 0.40%, while return on assets was 0.20%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. It last reported revenues of $1.54 billion and EPS of $0.79 for the June 2017, representing 8% top-line growth and 0.61 EPS growth. The FCF Growth of Hewlett Packard Enterprise Company (NYSE:HPE) is. If you are viewing this article on another site, it was illegally copied and reposted in violation of worldwide trademark and copyright law.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Wednesday, September 13th were issued a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 1.38%. The MF Rank of Hewlett Packard Enterprise Company (NYSE:HPE) is 3222.
In related news, EVP Michael G. Nefkens sold 831,311 shares of the stock in a transaction dated Friday, March 10th. The stock ended last trade at $14.80 a share and the price is up more than 10.06% so far this year. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The shares were sold at an average price of $13.14, for a total transaction of $3,272,543.28. Archford Capital Strategies LLC now owns 7,585 shares of the technology company's stock valued at $101,000 after purchasing an additional 7,476 shares during the period. The disclosure for this sale can be found here. The stock appeared $15.12 above its 52-week highs and is down -0.20% for the last five trades. The net percent change held by Institutional Investors has seen a change of -0.16% in last three month period.
A number of large investors have recently made changes to their positions in the business. During the same quarter a year ago, the business earned $0.49 earnings per share. WFG Advisors LP now owns 6,043 shares of the technology company's stock valued at $100,000 after acquiring an additional 801 shares during the last quarter. Toronto Dominion Bank boosted its holdings in Hewlett Packard Enterprise by 25.3% in the 2nd quarter. Toronto Dominion Bank now owns 566,943 shares of the technology company's stock valued at $9,404,000 after acquiring an additional 114,500 shares during the last quarter. Guardian Life Insurance Co. of America raised its stake in shares of Hewlett Packard Enterprise by 0.7% in the first quarter. P/E Ratio is for valuing a company that measures its current share price relative to its per-share earnings. Cleararc Capital Inc. now owns 40,716 shares of the technology company's stock worth $965,000 after acquiring an additional 221 shares during the period.