Analyst's opinion on Hewlett Packard Enterprise Company (HPE)

Hewlett Packard Enterprise Company (HPE) knifed -0.94 percent lower and now trades for $14.8. Sanford C. Bernstein now has a $18.00 price objective on the technology company's stock. On the other end, a stock with a score from 0-2 would be viewed as weak. A rating of 4 or 5 would represent a Sell recommendation. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". On average, analysts expect that Hewlett Packard Enterprise will post $1.40 earnings per share for the current fiscal year.

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. The Price Range of Hewlett Packard Enterprise Company (NYSE:HPE) over the past 52 weeks is 0.597000. Four analysts have rated the stock with a sell rating, eighteen have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. The company now has a consensus rating of "Hold" and a consensus price target of $18.51.

Tracking other technical indicators, the 14-day RSI is presently standing at 51.80, the 7-day sits at 61.07, and the 3-day is resting at 64.53 for Hewlett Packard Enterprise Comp (HPE). The company's quarterly EPS surprised Wall Street by as much as 15% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.49 billion. Hewlett Packard Enterprise had a net margin of 0.29% and a return on equity of 9.04%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.49 EPS. The FCF Growth of Hewlett Packard Enterprise Company (NYSE:HPE) is. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States & worldwide copyright & trademark legislation. The company recently announced a dividend that was paid on Wed Oct 4, 2017. Stockholders of record on Wednesday, September 13th were issued a $0.065 dividend. AEE has risen 0.56% in the 1-month period. The ex-dividend date was set for Tuesday the 12th of September 2017.

In related news, EVP Michael G. Nefkens sold 831,311 shares of the stock in a transaction dated Friday, March 10th. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well. Following the completion of the transaction, the chief executive officer now directly owns 892,118 shares of the company's stock, valued at $11,722,430.52. The disclosure for this sale can be found here. The percentage of shares being held by the company management was 0.1% while institutional stake was 70.8%.

Several large investors have recently made changes to their positions in the company. For the quarter, shares have been noted at -20.11%. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company's stock worth $108,000 after acquiring an additional 200 shares during the period. Toronto Dominion Bank boosted its holdings in Hewlett Packard Enterprise by 25.3% in the 2nd quarter. Achmea Investment Management B.V. now owns 252,431 shares of the technology company's stock valued at $4,184,000 after purchasing an additional 16,740 shares during the period. Following the completion of the sale, the executive vice president now directly owns 412 shares in the company, valued at approximately $9,199.96.

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