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.
HPE was given price targets by several analysts. The most optimistic price target was 22, implying potential capital gains of 25.64 percent. The most pessimistic analyst gave a price target of 16, implying a possible loss of -8.62 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Meanwhile, fiscal year estimates have been revised downwards by -0.69 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.35 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
The growth rate of HPE's earnings is estimated by analysts to be 14.3 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of HPE is 0.94.
HPE has traded between a high of 19.16 and a low of 15.07 over the past year. The current market price is above the trailing year's low by 16.19 percent, and below the high by 8.61 percent. 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's next earnings release will be on 0000-00-00, which is days away.