Active Wall St. declares its post-earnings coverage on Hewlett Packard Enterprise Company (NYSE: HPE) (“HPE”). 2 analysts have suggested the company is a “Hold”. The last trading range of the stock ranges between $10.69 and $11.06. They now have a Dollars 16.75 price target on the stock. The sales consensus among polled analysts prior to the last earnings announcement was $ 12,645.40M. They now have a Dollars 19 price target on the stock. 0 analysts assign “Sell” rating for the stock. Now the company has earned “Buy” from 8 equity analysts. They now have a Dollars 15 price target on the stock.
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07/14/2016 – Hewlett Packard Enterprise Co had its “outperform” rating reiterated by analysts at Oppenheimer. The average number of the range is $14.767 based on the 14 firms offering price targets.
08/25/2016 – Hewlett-Packard Company had its “equal-weight” rating reiterated by analysts at Barclays.
With that in mind Hewlett Packard Enterprise Co. They now have a United States dollars 12 price target on the stock. They now have a Dollars 13 price target on the stock.
09/08/2016 – Hewlett Packard Enterprise Co was downgraded to “market perform” by analysts at Wells Fargo.
In the trailing 12 months period, return on assets ratio of the Company was 5.40% and return on equity ratio was 13.20% while its return on investment ratio was 5.10%. The stock price exhibited downbeat move from its 50 day moving average with 21.49 and remained above from its 200 Day Moving Average with 18.37. The stock volatility for week was 2.83% while for month was 2.29%.The stock, as of last close, traded 81.14% to its 52 week low and was changed -6.27% from its 52 week high. The stock recent traded volume was higher as compared with its average volume of 10545700 shares.
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The overhaul marks another step in CEO Meg Whitman’s [pictured above] effort to transform the once-mighty technology conglomerate into a leaner, more efficient company catering to a few core markets that she believes will be most likely to grow in the future. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. It offers personal computing and other access devices; imaging and printing related products and services; enterprise information technology (IT) infrastructure, including enterprise server and storage technology, networking products and solutions, technology support and maintenance; multi-vendor customer services, including technology consulting, outsourcing and support services across infrastructure, applications and business process domains, and software products and solution, including application testing and delivery software, big data analytics, information governance and IT Operations Management.
