Short Term Outlook For Hewlett Packard Enterprise Company (NYSE:HPE)


Hewlett Packard Enterprise Company (NYSE:HPE) closed its last session at $16.15. The stock traded within a range of $15.35 and $16.22. The company operates in the Technology sector with a market capitalization of 26.1 Million. Trading volume for Hewlett Packard Enterprise Company was 14 Million in its previous trading session. Currently, Hewlett Packard Enterprise Company (NYSE:HPE) has an average volume of 11.56 Million.

Company Profile

Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the company’s largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.

Analyst Views

Hewlett Packard Enterprise Company (NYSE:HPE) received a Buy rating from 5 analysts. 0 analysts gave its stock an Outperform rating. 5 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Hewlett Packard Enterprise Company (NYSE:HPE) touched its 1-Year High price of $24.88 on 01/29/18 and its 1-Year Low price of $12.81 on 06/29/17.

EPS & Financials

Hewlett Packard Enterprise Company (NYSE:HPE) reported its EPS in the last quarter as $0.31/Share beating the analyst estimate of $0.28/Share by a difference of $0.03. This showed a surprise of 10.7% in the last quarter earnings.

For the current quarter, 21 analysts are projecting a mean EPS of $0.22/share. According to their observations and findings, the stock could provide a high EPS of $0.24/share and a low EPS of $0.2/share.

Analysts believe that the company has the potential to earn average revenue of $7.07 Billion for the current quarter. According to their predictions high & low revenue estimates are 7.31 Billion and 6.79 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Hewlett Packard Enterprise Company (NYSE:HPE) has a 20-Day average volume of 12.12 Million. According to today’s trading volume Hewlett Packard Enterprise Company is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.3 Percent and Institutional ownership of 85.4 Percent. The return on assets stands at 0.5%, Return on Equity currently is 1.2% and the Return on Investment value is 2.1%.

Hewlett Packard Enterprise Company (NYSE:HPE) gross margin percentage stands at 30.1% while its operating margin for the past trailing twelve month is 2.2 percent and its overall profit margin (ttm) is 1.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.13% with a 50-Day Simple Moving Average of 5.74 percent. As of today, the company has a SMA200 (200-day simple moving average) of 13.85 Percent. The Stock has YTD (year to date) performance of 12.47 percent.

The TTM operating margin for the company stands at 2.2%. The return on invested capital is at 2.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 13.85%, and has a solid year to date (YTD) performance of 12.47% which means that the stock is constantly adding to its value from the previous fiscal year end price.