Hewlett Packard Enterprise Company (NYSE:HPE) will issue its quarterly earnings data after the market closes on Tuesday, September 5th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Hewlett Packard Enterprise has set its Q3 guidance at $0.24-0.28 EPS and its FY17 guidance at $1.46-1.56 EPS.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, May 31st. The technology company reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. Hewlett Packard Enterprise had a net margin of 4.85% and a return on equity of 9.80%. The business had revenue of $9.90 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the company posted $0.42 EPS. Hewlett Packard Enterprise’s revenue was down 22.1% on a year-over-year basis. On average, analysts expect Hewlett Packard Enterprise to post $1.45 EPS for the current fiscal year and $1.34 EPS for the next fiscal year.

Hewlett Packard Enterprise Company (HPE) opened at 17.79 on Tuesday. Hewlett Packard Enterprise Company has a 12-month low of $15.49 and a 12-month high of $19.16. The stock’s 50 day moving average is $17.45 and its 200 day moving average is $17.65. The stock has a market capitalization of $29.22 billion, a PE ratio of 13.49 and a beta of 2.74.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be given a dividend of $0.065 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.46%. Hewlett Packard Enterprise’s payout ratio is presently 20.16%.

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In related news, CEO Margaret C. Whitman sold 132,192 shares of the stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $16.71, for a total transaction of $2,208,928.32. Following the completion of the transaction, the chief executive officer now owns 865,021 shares in the company, valued at $14,454,500.91. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Christopher P. Hsu sold 11,515 shares of the stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $18.80, for a total transaction of $216,482.00. Following the transaction, the executive vice president now owns 24,083 shares of the company’s stock, valued at approximately $452,760.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,975,192 shares of company stock valued at $34,414,990. 0.87% of the stock is currently owned by corporate insiders.

HPE has been the topic of a number of research reports. Credit Suisse Group reiterated a “buy” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, May 23rd. CIBC dropped their target price on shares of Hewlett Packard Enterprise from $27.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, July 4th. Mizuho reiterated a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and set a $22.00 target price on shares of Hewlett Packard Enterprise in a research report on Saturday, July 22nd. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $18.00 target price (up previously from $17.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Hewlett Packard Enterprise currently has an average rating of “Hold” and an average target price of $21.67.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Earnings History for Hewlett Packard Enterprise (NYSE:HPE)

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