Analysts Concerns on: Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) shares traded 0.54% during the most recent session the stock exchanged hands 8.21M shares versus average trading capacity of 13.24M shares, yielding a market cap of $31.05B. Wall Street analysts covering the stock are projecting that the stock will reach $20.91 within the next 52-weeks. The mean target projections are based on 23 opinions, the mean target was last revised on 04/17/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Hewlett Packard Enterprise Co (NYSE:HPE) high price target of $26.00 and with a conservative view have low price target of $17.00 with a standard deviation of $2.89. If seeing target price from optimistic overview then it has a 40 percent upside potential from the latest closing price of $18.73.

Hewlett Packard Enterprise Co (NYSE:HPE) received “Resumed” rating by RBC Capital Mkts in a research note issued to investors on Apr-10-17 as Sector Perform at $20.

Additionally on Apr-04-17 Hewlett Packard Enterprise Co (NYSE:HPE) was “Initiated” by Berenberg as Hold at $17 and on Feb-28-17 the stock was “Downgraded” by Argus from Buy to Hold. Furthermore on Feb-24-17 the stock was “Downgraded” by Needham from Buy to Hold.

On the other hand the company has Relative Strength Index (RSI 14) of 38.85 along with Average True Range (ATR 14) of 0.49, Consequently Hewlett Packard Enterprise Co (NYSE:HPE) weekly and monthly volatility is 1.28%, 1.74% respectively.

In terms of Buy, Sell or Hold recommendations, Hewlett Packard Enterprise Co (NYSE:HPE) has an analysts’ mean recommendation of 2.50. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Hewlett Packard Enterprise Co (NYSE:HPE) will report earnings of $0.36 for the current quarter on or around 5/23/2017, however the company’s high EPS estimates are $0.42 and low estimates are $0.33. However the company reported $0.42 earnings per share for the same quarter during last year.

Previously Hewlett Packard Enterprise Co (NYSE:HPE) reported $0.45 earnings per share (EPS) for the quarter on 2/23/2017 After Market Close, beating the consensus estimate of $0.44 by $0.01. The company posted an earnings surprise of 2.27%.

While considering growth estimates of the company, it has next quarter growth estimates of -36.70% whereas during current quarter it has -14.30% estimations over growth, comparing to the estimations of -23.40% during current year and -7.50% for next year. Next 5 years growth of Hewlett Packard Enterprise Co (NYSE:HPE) observed at -12.37%.

Hewlett Packard Enterprise Co (NYSE:HPE) revenue estimates for the current quarter are $9.63B according to 22 number of analysts, for the current quarter the company has high revenue estimates of $11.63B in contradiction of low revenue estimates of $7.32B. For the current year the company’s revenue estimates are $35.89B compared to low analyst estimates of $26.88B and high estimates of $38.67B according 28 number of analysts.

Currently Hewlett Packard Enterprise Co (NYSE:HPE) shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 83.60%. However the six-month change in the insider ownership was recorded -62.72%, as well as three-month change in the institutional ownership was recorded 0.13%.

Hewlett Packard Enterprise Co (NYSE:HPE) trading -24.50% away from its 52 week high of $24.81 and +23.13% far from the stock’s low point over the past 52 weeks, which was $15.21. The stock hit its 52-week high on 05/01/17, and 52-week low on 05/19/16. The company’s trailing twelve month income is 3.16B dollars and is paying 1.39% dividend yield annually.

Hewlett Packard Enterprise Co (NYSE:HPE) trailing twelve month revenues are $48.81B, whereas its price to sales ratio for the same period is 0.64. Its book value per share for the most recent quarter is $18.87 while its price to book ratio for the same period is 0.99, as for as the company’s cash per share for the most recent quarter is $7.71, however its price to cash per share ratio for the same period is 2.43. The stock has a current PEG ratio of -1.02 where as its trailing twelve month P/E ratio is 10.16.

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