Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.11), Zacks reports. The company had revenue of $7.85 billion for the quarter, compared to analyst estimates of $7.81 billion. Hewlett Packard Enterprise had a return on equity of 8.94% and a net margin of 8.56%. Hewlett Packard Enterprise updated its FY 2025 guidance to 1.700-1.900 EPS and its Q2 2025 guidance to 0.280-0.340 EPS.
Hewlett Packard Enterprise Stock Down 11.9 %
NYSE HPE traded down $2.15 during trading hours on Friday, reaching $15.82. 81,923,511 shares of the company's stock were exchanged, compared to its average volume of 14,855,802. The company's 50-day moving average is $21.47 and its two-hundred day moving average is $20.73. Hewlett Packard Enterprise has a one year low of $14.93 and a one year high of $24.66. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.29. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 8.32, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Friday, March 21st will be paid a dividend of $0.13 per share. The ex-dividend date is Friday, March 21st. This represents a $0.52 dividend on an annualized basis and a yield of 3.29%. Hewlett Packard Enterprise's payout ratio is 25.37%.
Analyst Upgrades and Downgrades
HPE has been the topic of a number of research reports. Citigroup upgraded shares of Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and upped their target price for the company from $23.00 to $26.00 in a research report on Friday, December 6th. StockNews.com downgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday. Morgan Stanley cut their target price on shares of Hewlett Packard Enterprise from $28.00 to $24.00 and set an "overweight" rating on the stock in a research report on Friday. Stifel Nicolaus upped their target price on shares of Hewlett Packard Enterprise from $22.00 to $25.00 and gave the company a "buy" rating in a research report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and set a $25.00 target price on the stock in a research report on Thursday, December 19th. Seven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $22.21.
Read Our Latest Analysis on Hewlett Packard Enterprise
Insider Buying and Selling
In related news, SVP Jeremy Cox sold 11,577 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $23.00, for a total transaction of $266,271.00. Following the completion of the sale, the senior vice president now directly owns 48,615 shares of the company's stock, valued at approximately $1,118,145. This represents a 19.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John F. Schultz sold 262,818 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $21.62, for a total transaction of $5,682,125.16. Following the transaction, the executive vice president now directly owns 270,430 shares of the company's stock, valued at $5,846,696.60. This represents a 49.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 324,395 shares of company stock valued at $7,121,896. 0.36% of the stock is owned by corporate insiders.
About Hewlett Packard Enterprise
(
Get Free Report)
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.
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