The stocks of HPE have been scheduled to issue their quarterly reports on the 1st of June. Most analysts have expected the company to put up an EPS of $0.10.
The Quarterly Reports Of HPE
HPE previously posted its quarterly earnings on the 1st of March. The EPS reported by the company during this period was $0.52, which was more than the consensus estimate of $0.41. The return on equity for the company was 8.72%, with a -1.61% net margin. The revenue generated by the company during this period was $6.83 billion, with the consensus estimate of $6.75 billion.
The stocks of HPE traded on Tuesday at $16.36. The quick ratio of the company is 0.74, with a 0.90 current ratio. The debt-to-equity ratio for the company is 0.74. The year low of the company is $8.28, with the year high set at $16.74. The moving average price of the company over a period of 50 days is $16.08, with the moving average price of the company over 200 days is $13.67. The market cap of the company is $21.29 billion, with a -48.12 PE ratio, and a 3.50 PEG ratio.
There have been quite a few research equities that have commented on the stocks of HPE. Morgan Stanley has already increased the price target of $15.50 to $17 with a rating of equal weight in a 14th April research report. Stifel Nicolaus has also given the company a rating of buy with a price target of $20 in a 17th May research report.
JPMorgan Chase & Co has increased the price target to $18 with a rating of overweight in a 26th March research report. Zacks Investment Research has also increased the price rating of the company from strong sell to hold with a price target set to $13 in a 2nd February research report.
Two of the research equities have already provided the company with a rating of sell, while five others have given the company a rating of hold. Close to six other investment analysts have already given the company a rating of buy. Currently, HPE has a hold rating with a $14.61 price target.
