Hewlett Packard Enterprise (NYSE:HPE) Issues Quarterly Earnings Results

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) posted 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. Hewlett Packard Enterprise had a net margin of 8.56% and a return on equity of 8.94%. The business had revenue of $7.85 billion during the quarter, compared to the consensus estimate of $7.81 billion. 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 Price Performance

Shares of NYSE:HPE traded down $2.15 during trading on Friday, reaching $15.82. The company had a trading volume of 81,923,511 shares, compared to its average volume of 14,855,802. The company has a fifty day moving average of $21.47 and a two-hundred day moving average of $20.73. The stock has a market capitalization of $20.77 billion, a P/E ratio of 8.32, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. Hewlett Packard Enterprise has a 12 month low of $14.93 and a 12 month high of $24.66. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, March 21st will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Friday, March 21st. Hewlett Packard Enterprise's payout ratio is 25.37%.

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Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HPE. Morgan Stanley lowered their price target 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. Bank of America lowered their price target on shares of Hewlett Packard Enterprise from $26.00 to $20.00 and set a "buy" rating on the stock in a research report on Friday. Barclays lowered their price target on shares of Hewlett Packard Enterprise from $27.00 to $20.00 and set an "overweight" rating on the stock in a research report on Friday. StockNews.com lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Friday. Finally, Wells Fargo & Company decreased their target price on shares of Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $22.21.

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Jeremy Cox sold 11,577 shares of the company's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $23.00, for a total value of $266,271.00. Following the completion of the sale, the senior vice president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary M. Reiner sold 50,000 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $23.47, for a total transaction of $1,173,500.00. Following the completion of the sale, the director now directly owns 104,192 shares of the company's stock, valued at $2,445,386.24. This trade represents a 32.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 324,395 shares of company stock valued at $7,121,896 in the last quarter. Insiders own 0.36% of the company's stock.

Hewlett Packard Enterprise Company Profile

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.