Hewlett Packard Enterprise (NYSE:HPE) Releases Q1 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.47-0.52 for the period, compared to the consensus estimate of $0.49. Hewlett Packard Enterprise also updated its Q1 2025 guidance to 0.470-0.520 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Barclays upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $20.00 to $24.00 in a research report on Wednesday, September 25th. Susquehanna reiterated a “neutral” rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, October 11th. Loop Capital upped their price objective on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Monday, September 9th. Morgan Stanley upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $23.00 to $28.00 in a research report on Thursday. Finally, UBS Group upped their price objective on Hewlett Packard Enterprise from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, September 5th. Eight 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.71.

Hewlett Packard Enterprise Trading Down 0.6 %

NYSE:HPE traded down $0.13 during midday trading on Thursday, hitting $21.63. The stock had a trading volume of 24,530,618 shares, compared to its average volume of 15,109,320. Hewlett Packard Enterprise has a one year low of $14.47 and a one year high of $22.82. The company has a market capitalization of $28.09 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 3.33 and a beta of 1.21. The stock has a 50-day moving average of $20.80 and a 200 day moving average of $19.83. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 0.36.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03. Hewlett Packard Enterprise had a return on equity of 8.94% and a net margin of 6.39%. The company had revenue of $7.71 billion for the quarter, compared to analysts’ expectations of $7.67 billion. During the same quarter in the prior year, the firm earned $0.35 earnings per share. Hewlett Packard Enterprise’s revenue was up 10.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Hewlett Packard Enterprise will post 1.66 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company 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 annualized dividend and a yield of 2.40%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 37.14%.

Insider Buying and Selling

In other news, EVP Neil B. Macdonald sold 29,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $17.00, for a total value of $493,000.00. Following the completion of the sale, the executive vice president now owns 82,061 shares of the company’s stock, valued at $1,395,037. This trade represents a 26.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Antonio F. Neri sold 83,334 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $19.72, for a total value of $1,643,346.48. Following the completion of the sale, the chief executive officer now directly owns 1,758,641 shares of the company’s stock, valued at $34,680,400.52. The trade was a 4.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 426,012 shares of company stock valued at $8,599,617 over the last quarter. 0.40% of the stock is owned by corporate insiders.

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.