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.

A number of analysts gave price targets for HPE. The most optimistic price target was 22, implying a possible profit of 25.64 percent. The most pessimistic price target was 16, which equates to a potential downside of -8.62 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -16.13 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.69 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.35 percent.

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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their 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 people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. HPE has a PEG ratio of 0.94.

In the last 52-weeks, HPE has achieved a high of 19.16 and a low of 15.07. The current market price is above the trailing year's low by 16.19 percent, and 8.61 percent lower than its 52-week high. HPE has a P/E 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 will post this quarters earnings in days, on 0000-00-00.