In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE. In 2017, HPE spun off its Enterprise Services business and merged it with Computer Sciences Corporation to become DXC Technology. Also in 2017, it spun off its software business segment and merged it with Micro Focus. The Hewlett Packard Enterprise Company is an American multinational information technology company based in Spring, Texas, United States. Sign Up NowGet this delivered to your inbox, and more info about our products and services.
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- On average, they expect the company’s share price to reach $16.15 in the next twelve months.
- 11 analysts have issued 12-month target prices for Hewlett Packard Enterprise’s shares.
- Alation Inc. said Wednesday it closed a $123 million round of Series E financing that values the Redwood City, Calif., data management company at $1.7 billion.
- According to analysts’ consensus price target of $16.15, Hewlett Packard Enterprise has a forecasted upside of 2.4% from its current price of $15.77.
- Hewlett Packard Enterprise pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.
HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. Moody’s Daily Credit Risk http://dotbig.com/markets/stocks/HPE/ Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.
Hewlett Packard Enterprise Analyst Opinions
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. In terms of twelve month growth in earnings before interest and taxes, HEWLETT PACKARD ENTERPRISE CO is reporting a growth rate of 197.45%; DotBig that’s higher than 91.7% of US stocks. Provide specific products and services to you, such as portfolio management or data aggregation. Hewlett Packard Enterprise CEO Antonio Neri joins Yahoo Finance Live Brian Sozzi to discuss the demand for HPE products and services, the outlook for the cloud, and growth. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.
Hewlett Packard Enterprise’s stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.13%), BlackRock Inc. (10.05%), State Street Corp (5.64%), Primecap Management Co. CA (3.68%), Pzena Investment Management LLC (2.35%) and Bank of New York Mellon Corp (1.94%).
A Long Road Ahead for HP Enterprise
Its products include the HPE Proliant rack and tower servers. A stock split makes the price of the company’s stock more affordable and attractive to investors. For some time now the market has demonstrated confidence in HPE’s current and future performance with an increase in the price of the stock. By splitting the stock and reducing the price, HPE is making it possible for more people to invest in the company. In June 2018, Hewlett Packard Enterprise launched a hybrid cloud service called GreenLake Hybrid Cloud, built on top of HPE’s OneSphere cloud management SaaS console, offered under its brand HPE GreenLake. GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run on AWS and Microsoft Azure. GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central.
Hewlett Packard Enterprise’s stock was trading at $15.77 at the start of the year. Since then, HPE shares have increased by 0.0% and is now trading at $15.77. Hewlett Packard Enterprise has received a 26.18% net impact score from Upright. Hewlett Packard seems to create the most significant HPE stock positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Secure connectivity software", "Data center services", "IoT software", and "Database server software" products.
Stock Quote
Hewlett Packard Enterprise has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to Hewlett – Packard stock price -2 . This is a higher news sentiment than the 0.34 average news sentiment score of Computer and Technology companies. You may submit proposals for consideration at a stockholder meeting.
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Analyst Ratings for Hewlett Packard
3 Fundamentally Sound Mid-Caps to Keep on the Watch List The mid-cap space is a great place to find less prominent names with the financials to outperform. Sign-up to receive the latest news and ratings for Hewlett Packard Enterprise and its competitors with MarketBeat’s https://dotbig.com/ FREE daily newsletter. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. The dividend payout ratio of Hewlett Packard Enterprise is 17.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Measures how much net income or profit is generated as a percentage of revenue. By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign in to your free HPE stock price today account to enjoy all that MarketBeat has to offer. MarketBeat has tracked 1 reddit mention for Hewlett Packard Enterprise this week, compared to 0 mentions on an average week. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
Hewlett Packard Enterprise Posts Higher 3Q Revenue, Profit
HPE’s stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the DotBig creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
Related News HPE
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