Analyst Ratings for Hewlett Packard Enterprise Co. (HPE)Updated: 2017-07-27
Hewlett Packard Enterprise Co. (NYSE:HPE) was awarded an average rating of Overweight from investment analysts following the stock. Last month, HPE received an average rating of Overweight.
Of the 29 analysts covering the stock, 9 gave it a buy rating, 2 gave an overweight rating, 17 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for HPE by the analysts covering the stock. The most optimistic analyst gave a price target of 22, implying a possible profit of 25.64 percent. The lowest price target was 16, which equates to a potential downside of -8.62 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -16.13 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.69 percent. If we look at the last 90 days instead, we find a net average change of -2.35 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
HPE has an estimated earnings growth rate of 14.3 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. HPE has a PEG ratio of 0.94.
HPE has a 52-week high of 19.16 and a 52-week low of 15.07. Currently the stock is 16.19 percent higher than its low, and 8.61 percent below the high. HPE has a price/earnings ratio of 13.51. Investors typically compare the P/E ratio to a company's peers in the industry. The HPE value stock report compares HPE to some of its peers using value stock charts. The stock has a market capitalization of $28.93 billion. HPE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.