The company has a market capitalization of $22,870.00 and a PE ratio of 8.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.15 and a current ratio of 1.27. Hewlett Packard Enterprise Company has a 52-week low of $12.97 and a 52-week high of $19.16. The company reported the earnings of $0.3/Share in the last quarter where the estimated EPS by analysts was $0.26/share.
Beat revenue estimates. The company saw revenue figures of $7.8billion, topping our consensus estimate of $7.71 billion. All things considered, we are maintaining our $16 fair value estimate for no-moat Hewlett Packard Enterprise. The business's revenue for the quarter was up 2.5% compared to the same quarter previous year.
This Wednesday, HPE (Hewlett Packard Enterprise Co) announced that the present CEO Meg Whiteman would be stepping down of the position to hand over the charge to its new CEO, Antonio Neri. This represents a $0.30 annualized dividend and a dividend yield of 2.12%. Archford Capital Strategies LLC raised its holdings in Hewlett Packard Enterprise by 6,858.7% in the second quarter. "In a statement on Tuesday, Ms. Whitman said the original HP had become 'four industry-leading companies that are each well positioned to win in their respective markets, '" Waters reports. This buyback authorization authorizes the technology company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.
Minnesota turkeys get luxury treatment in DC before Thanksgiving pardon
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HPE's stock dropped 7 percent in after-hours trading Tuesday following the announcement.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The company presently has an average rating of "Hold" and an average price target of $17.49. "Uber's CEO will not be Meg Whitman", she had tweeted. The shares were sold at an average price of $14.27, for a total transaction of $21,320,721.38.
Ms Whitman was the second-highest-paid American female executive, after IBM chief executive Ginni Rometty, with compensation of US$52.3 million, according to the Bloomberg Pay Index. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.