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 potential capital gains of 25.64 percent. The most pessimistic analyst gave a price target of 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.
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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.69 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of HPE to grow at a rate of 14.3 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. 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 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.