Hewlett Packard Enterprise Co (NYSE:HPE) Valuation According To Analysts

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CKW Financial Group's holdings in Hewlett Packard Enterprise were worth $179,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in Hewlett Packard Enterprise by 527.0% in the fourth quarter.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. James Investment Research Inc. increased its stake in Hewlett Packard Enterprise by 8.8% in the first quarter. Analysts reported that the Price Target for Hewlett Packard Enterprise Company might touch $26 high while the Average Price Target and Low price Target is $18.39 and $13.5 respectively. They now have a Dollars 22 price target on the stock.

Many analysts are providing their Estimated Earnings analysis for Hewlett Packard Enterprise Company and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $0.36/share. The stock closing price is now trading upward to its 50 day moving average with change of 3.40%, tumbled to its 20 day moving average with figure of -0.10% and above its 200 day moving average with value 19.17%.

HPE has a 1-year high price of $ 24.81 and 1-year low price of $15.21. The firm's 50 day moving average price is $18.77 and its 200-day moving average price is $22.11. The company has a market capitalization of $31.60 billion, a P/E ratio of 10.34 and a beta of 3.05. The technology company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. Revenue for the quarter also did not kill consensus, coming in at $11.41B, compared to the consensus of 12.07B. Hewlett Packard Enterprise Company P/E (price to earnings) ratio is 10.2 and Forward P/E ratio of 13.84. The company's revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter a year ago, the business posted $0.41 EPS. Analysts anticipate that Hewlett Packard Enterprise Co will post $1.47 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Monday, June 12th. Hewlett Packard Enterprise's payout ratio is 14.21%.

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In related news, SVP Kirt P. Karros sold 20,344 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, May 15th.

A number of research analysts have weighed in on the company. Finally, CIBC reduced their price target on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a "buy" rating on the stock in a report on Thursday, April 6th. Credit Suisse Group AG reissued a "hold" rating and issued a $21.00 price target on shares of Hewlett Packard Enterprise in a report on Tuesday, April 4th. Finally, Huntington National Bank increased its position in Hewlett Packard Enterprise by 19.3% in the third quarter.

In terms of Buy, Sell or Hold recommendations, Hewlett Packard Enterprise Comp (NYSE:HPE) has analysts' mean recommendation of 2.5. The company now has an average rating of "Hold" and a consensus price target of $22.83. In recent trading action, the stock had changed 0.91% settling in at $14.18. Following the completion of the transaction, the senior vice president now directly owns 31,695 shares in the company, valued at approximately $577,799.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Michael G. Nefkens sold 831,311 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $22.41, for a total value of $18,629,679.51. First National Bank & Trust Co. of Newtown now owns 31,911 shares of the technology company's stock worth $756,000 after buying an additional 80 shares during the last quarter. The disclosure for this sale can be found here. For the last month, company shares are 3.41%.