Hewlett Packard Enterprise Company (NYSE:HPE) registered a -0.31% decrease, still its new closing price is 89.88% up from the company’s 1 year high of 24.72.It posted -1.44% losses in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 29 stock analysts following this company have an average price target at $24.71, with individual PT in the $18.00-$28.00 range. The shares moved at $22.55, implying that brokerage firms see shares gaining about 72.97% in twelve months time.
Hewlett Packard Enterprise Company (HPE) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.55% fall year to date. A SVP, Controller & PAO at Hewlett Packard Enterprise Company (HPE) offloaded shares in a transaction closed on Monday December 19, 2016. Ricci Jeff T sold 4,999 shares in the company at $23.46 each and collected $117,000 in proceeds. Ricci Jeff T now owns 0 shares in the company after this transaction. A SVP, Controller & PAO in the company, Ricci Jeff T, disclosed a transaction on Thursday December 15, 2016 that ended up generating $495,001 from the sale of 20,847 shares at $23.78 per share.
Hewlett Packard Enterprise Company (NYSE:HPE) Upcoming Results on Tap
Hewlett Packard Enterprise Company will next provide financial results for the January 2017 quarter. Stock analysts expect it to report per-share earnings of $0.44 in that period. Sales during the quarter are predicted to arrive at $12.11 billion.
Earnings surprise history: Last quarter, the company posted approximately $12.48 billion in revenue and EPS of $0.61. The mean forecast was for $12.84 billion and $0.60 a share, respectively. One quarter earlier, revenue for the stock was at $12.21 billion, with earnings at $0.49/share.
Hewlett Packard Enterprise Company (HPE) Brokerage Update
Hewlett Packard Enterprise Company (HPE) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Mkt Perform by Raymond James, according to news reported on Friday November 18, 2016.Another important research note was issued by Wells Fargo on Thursday September 08, 2016.The firm downgraded HPE to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Hewlett Packard Enterprise Company (HPE), have changed 11.59% and 3.72%, respectively.