Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.700-1.900 for the period, compared to the consensus earnings per share estimate of 2.130. The company issued revenue guidance of $32.2 billion-$33.4 billion, compared to the consensus revenue estimate of $32.5 billion. Hewlett Packard Enterprise also updated its Q2 2025 guidance to 0.280-0.340 EPS.
Hewlett Packard Enterprise Trading Down 11.9 %
Shares of HPE traded down $2.15 during mid-day trading on Friday, hitting $15.82. The company had a trading volume of 81,923,511 shares, compared to its average volume of 14,855,802. The business's 50-day simple moving average is $21.47 and its 200-day simple moving average is $20.72. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.54. Hewlett Packard Enterprise has a 1-year low of $14.93 and a 1-year high of $24.66. The stock has a market cap of $20.77 billion, a PE ratio of 8.32, a P/E/G ratio of 2.03 and a beta of 1.20.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Shareholders of record on Friday, March 21st will be given 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 dividend payout ratio (DPR) is 25.37%.
Analysts Set New Price Targets
A number of research analysts have weighed in on HPE shares. Bank of America reduced 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. Stifel Nicolaus lifted their price target 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. Citigroup raised shares of Hewlett Packard Enterprise from a "neutral" rating to a "buy" rating and lifted their price target for the company from $23.00 to $26.00 in a research report on Friday, December 6th. Barclays reduced 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. Finally, Loop Capital lifted their price target on shares of Hewlett Packard Enterprise from $18.00 to $24.00 and gave the company a "hold" rating in a research report on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise presently has an average rating of "Moderate Buy" and a consensus price target of $22.21.
Read Our Latest Stock Report on Hewlett Packard Enterprise
Insider Activity at Hewlett Packard Enterprise
In related news, EVP John F. Schultz sold 262,818 shares of the company's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $21.62, for a total value of $5,682,125.16. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, 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 in the company, valued at $2,445,386.24. This represents a 32.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 324,395 shares of company stock valued at $7,121,896 over the last ninety days. Corporate insiders own 0.36% of the company's stock.
About Hewlett Packard Enterprise
(
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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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