$0.26 EPS Expected for Hewlett Packard Enterprise Co (HPE)

August 28, 2017 – By Marguerite Chambers

Investors wait Hewlett Packard Enterprise Co (NYSE:HPE) to report on September, 6. its quarterly earnings Wall Street analysts expect $0.26 earnings per share, down $0.23 or 46.94 % from last year’s $0.49 same quarter earnings. This translates into $422.37M profit for HPE giving the stock a 17.26 P/E. This is assuming the current $0.26 EPS is accurate. Hewlett Packard Enterprise Co’s Wall Street analysts see 4.00 % EPS growth, taking into account the $0.25 EPS reproted in the previous quarter, It closed at $17.95 lastly. It is down 56.74% since August 28, 2016 and is uptrending. It has outperformed by 40.04% the S&P500.

Hewlett Packard Enterprise Co (NYSE:HPE) Ratings Coverage

Among 29 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 9 have Buy rating, 3 Sell and 17 Hold. Therefore 31% are positive. Hewlett Packard Enterprise had 40 analyst reports since November 3, 2015 according to SRatingsIntel. BMO Capital Markets maintained Hewlett Packard Enterprise Co (NYSE:HPE) on Thursday, March 30 with “Hold” rating. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, May 10 report. The company was initiated on Tuesday, April 4 by Berenberg. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned “Market Perform” rating by BMO Capital Markets on Friday, February 24. The company was initiated on Wednesday, November 18 by Raymond James. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned “Buy” rating by Argus Research on Thursday, December 3. The firm has “Neutral” rating by Macquarie Research given on Monday, February 22. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned “Hold” rating by Maxim Group on Friday, July 14. Needham maintained the shares of HPE in report on Wednesday, October 19 with “Buy” rating. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) has “Outperform” rating given on Friday, December 11 by BMO Capital Markets.

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The company has market cap of $29.16 billion. The Company’s divisions include: Enterprise Group, Software, Financial Services and Corporate Investments. It has a 13.19 P/E ratio. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology .

More notable recent Hewlett Packard Enterprise Co (NYSE:HPE) news were published by: Fortune.com which released: “HP Inc. Makes a Surprising Run As Sister Company Stumbles” on August 22, 2017, also Nytimes.com with their article: “Uber Chooses Expedia’s Chief as CEO, Ending Contentious Search” published on August 27, 2017, Natlawreview.com published: “CFIUS Filing Clearance: Micro Focus International Plc and Hewlett Packard …” on August 25, 2017. More interesting news about Hewlett Packard Enterprise Co (NYSE:HPE) were released by: Nasdaq.com and their article: “David Einhorn Buys Altaba Inc, Mylan NV, Hewlett Packard Enterprise Co, Sells …” published on August 14, 2017 as well as Bna.com‘s news article titled: “Hewlett Packard Enterprise Deal Faces Inversion Penalties” with publication date: August 22, 2017.