Hewlett Packard Enterprise Co (NYSE:HPE) fell -6.89% during previous trade. Needham issued rating on the stock of Hewlett Packard Enterprise Co (NYSE:HPE) in a research note issued to investors on Feb-24-17, the stock received “Downgrade” rating from Buy to Hold. Additionally BMO Capital Markets issued their verdict on the stock of the company, on record date of Feb-24-17 the stock was “Downgraded” from Outperform to Market Perform from $27 to $24 besides that Dec-05-16 Hewlett Packard Enterprise Co (NYSE:HPE) was “Reiterated” by Maxim Group as Hold from $22 to $25. Furthermore on Dec-05-16 the stock was “Initiated” by Gabelli & Co as Buy at $29.
Hewlett Packard Enterprise Co (NYSE:HPE) shares ended last trading session at the price of $22.96 whereas a number of traders indicating mean target price will hit $24.80 over the next twelve months, mean value of price target most recently revised on 2/17/17. Hewlett Packard Enterprise Co (NYSE:HPE)’s highest estimates of price target are $28 and low forecast is $18 based on the opinion of 22 analysts. The price target estimates represents a standard deviation of 3.29. However brokerage recommendations suggests an ABR of 2.33 based on calls of 21 experts, where 7 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 11 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.
Hewlett Packard Enterprise Co (NYSE:HPE) is expected to release the earnings of its current quarter on 5/23/17. The company is expected to release $0.47 EPS for current quarter according to 22 analysts whereas the company reported $0.42 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.44 and high estimate of $0.5. For the current year Hewlett Packard Enterprise Co (NYSE:HPE) has set to release EPS of $2.05 as per the sentiments of 22 analysts, however according to 21 analysts, the company expected to release $2.1 EPS for next year.
Hewlett Packard Enterprise Co (NYSE:HPE)’s average revenue estimates for the current quarter are $12.08B according to 20 number of analysts. However its lowest revenue estimates are $11.76B and highest revenue estimates are $12.51B. A year ago the company’s sales were $12.71B. Its yearly sales growth estimates are -5%.For the next quarter the company has anticipated average revenues of $12.12B, according to the sentiments of 20 analysts. For the current year the company has fixed $48.89B revenues, as per the opinion of 21 analysts. For the current year the company has low revenue estimates of $47.84B in contradiction of high revenue estimates of $50.27B. Whereas for the next year revenues are set at $49.06B by 20 analysts.
The stock exchanged hands 46.88M shares versus average trading capacity of 8.16M shares, while its shares’ total market worth is $38.04B along with 1.66B outstanding shares. Hewlett Packard Enterprise Co (NYSE:HPE) shares were trading -7.72% below from the 52-week high price mark of $24.88 and +81.19% above from the 52-week price bottom of $12.67. However the company observed 52 week high price on 2/22/17 and witnessed 52 week low price on 03/1/16. The company’s price sits -2.02% below from its 50-day moving average of $23.34 and 7.01% far from the stock’s 200-day moving average which is $22.81. Hewlett Packard Enterprise Co (NYSE:HPE)’s price to sales ratio for trailing twelve month stands at 0.76, whereas its price to book ratio for most recent quarter sits at 1.24. However the company’s price to cash per share for most recent quarter stands at 2.40.