Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.470-0.520 for the period, compared to the consensus earnings per share estimate of 0.490. The company issued revenue guidance of -. Hewlett Packard Enterprise also updated its Q1 guidance to $0.47-0.52 EPS.
Analyst Ratings Changes
HPE has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 9th. They set a “hold” rating and a $22.00 target price for the company. Susquehanna reissued a “neutral” rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, October 11th. Raymond James upgraded Hewlett Packard Enterprise from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $23.00 to $29.00 in a research note on Monday, November 18th. UBS Group lifted their price objective on shares of Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, September 5th. Finally, Barclays upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $20.00 to $24.00 in a research report on Wednesday, September 25th. Eight research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.71.
Check Out Our Latest Analysis on HPE
Hewlett Packard Enterprise Price Performance
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The firm had revenue of $7.71 billion for the quarter, compared to analysts’ expectations of $7.67 billion. Hewlett Packard Enterprise had a net margin of 6.39% and a return on equity of 8.94%. The firm’s revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.35 EPS. Research analysts expect that Hewlett Packard Enterprise will post 1.66 earnings per share for the current year.
Hewlett Packard Enterprise Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Friday, December 20th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.40%. Hewlett Packard Enterprise’s payout ratio is 37.14%.
Insider Activity at Hewlett Packard Enterprise
In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 250,000 shares of the firm’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $20.73, for a total transaction of $5,182,500.00. Following the sale, the chief executive officer now directly owns 1,508,641 shares of the company’s stock, valued at $31,274,127.93. This trade represents a 14.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeremy Cox sold 7,770 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $21.00, for a total transaction of $163,170.00. Following the sale, the senior vice president now directly owns 7,771 shares in the company, valued at $163,191. This represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 426,012 shares of company stock valued at $8,599,617. Insiders own 0.40% of the company’s stock.
Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.
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