Saturday, 21 July, 2018

HPE CEO stepping down, marking new leadership era for the revamped company

Meg Whitman to step down as CEO of Hewlett Packard Enterprise Drew Angerer Getty Images Hewlett Packard Enterprise CEO Meg Whitman
Theresa Hayes | 22 November, 2017, 01:37

Hewlett Packard Enterprise Company (HPE) surprised the stock market in its last reported earnings when it earned $0.3 a piece versus the consensus-estimated $0.26.

Return on assets for Hewlett Packard Enterprise Company is valued at 0.20%, outlining the total sum of profit the company cultivates as a percentage of the value of its total assets. The current ratio is valued at 1.3 with a quick ratio of 1.1.

Hewlett Packard Enterprise issued first quarter guidance below analyst estimates. The company had revenue of $11.41 billion for the quarter, compared to analyst estimates of $12.09 billion.

HPE stock is up about 5 percent since the beginning of the year. Stockholders of record on Wednesday, December 13th will be given a dividend of $0.075 per share. Ltd. boosted its stake in Hewlett Packard Enterprise by 2.3% in the third quarter. The ex-dividend date is Monday, June 12th. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Narrowing in a bit closer, the 5 month price index is 0.80200, the 3 month is 0.75142, and the 1 month is now 0.88560. This repurchase authorization allows the technology company to buy shares of its stock through open market purchases. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company.

A number of research firms have recently commented on HPE.

Hewlett Packard Enterprise Company is a provider of technology solutions. Finally, Mizuho restated a hold rating and set a $14.00 price target on shares of Hewlett Packard Enterprise in a report on Friday, October 20th. KeyCorp reaffirmed a hold rating on shares of Hewlett Packard Enterprise in a report on Friday, October 20th. They set a market perform rating and a $15.00 price target for the company. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover HPE having a buy-equivalent rating. Whitman, an Uber investor, helped Uber amid a shaky executive transition earlier this year, and briefly flirted with a slot as CEO. Investors may use Price to Book to display how the market portrays the value of a stock.

JANUS HENDERSON GROUP PLC raised its stake in Gulfport Energy Corporation (NASDAQ:GPOR) by 22.64% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Whitman has also served as a VP at Disney, and was the CEO of eBay prior to joining HP. The disclosure for this sale can be found here. Insiders sold 2,920,273 shares of company stock worth $41,288,784 over the last three months. FRANKLIN RESOURCES INC also announced decreased position in Hewlett Packard Enterprise Company (HPE) during the quarter. If you are viewing this report on another website, it was illegally copied and republished in violation of United States and worldwide copyright & trademark laws. Hewlett Packard Enterprise Company (NYSE:HPE) has an M-Score of -2.857231.