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 maximum price target given 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of HPE's earnings is estimated by analysts to be 14.3 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of HPE is 0.94.

In the last 52-weeks, HPE has achieved a high of 19.16 and a low of 15.07. Currently the stock is 16.19 percent higher than its low, and 8.61 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.