Hewlett Packard Enterprise (HPE) Given Media Impact Rating of 0.10
News coverage about Hewlett Packard Enterprise (NYSE:HPE) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hewlett Packard Enterprise earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.0313357301795 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Swings under Short-Term Obligation: Hewlett Packard Enterprise Company (NYSE:HPE) – Stock News Stop (stockmarketstop.com)
- Hewlett Packard (HPE) Up 4.3% Since Earnings Report: Can It Continue? – Nasdaq (nasdaq.com)
- Insider Selling: Hewlett Packard Enterprise Company (HPE) SVP Sells 81,094 Shares of Stock (americanbankingnews.com)
- Henry Gomez Sells 119,515 Shares of Hewlett Packard Enterprise Company (HPE) Stock (americanbankingnews.com)
Hewlett Packard Enterprise (HPE) traded down $0.01 during mid-day trading on Monday, hitting $14.71. The company had a trading volume of 4,171,700 shares, compared to its average volume of 12,138,797. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.01 and a current ratio of 1.13. The firm has a market cap of $23,820.00 and a price-to-earnings ratio of 58.84. Hewlett Packard Enterprise has a twelve month low of $12.81 and a twelve month high of $24.88.
Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Tuesday, November 21st. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The business had revenue of $7.66 billion for the quarter, compared to analyst estimates of $7.78 billion. Hewlett Packard Enterprise had a return on equity of 7.70% and a net margin of 0.93%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 EPS. equities research analysts forecast that Hewlett Packard Enterprise will post 1.19 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be given a dividend of $0.075 per share. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Tuesday, December 12th. Hewlett Packard Enterprise’s dividend payout ratio is currently 120.00%.
Hewlett Packard Enterprise declared that its Board of Directors has approved a share buyback program on Wednesday, October 18th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
Several equities analysts recently commented on HPE shares. TheStreet raised Hewlett Packard Enterprise from a “c” rating to a “b-” rating in a research report on Monday, October 16th. Deutsche Bank reduced their price target on Hewlett Packard Enterprise from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, September 6th. ValuEngine raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Oppenheimer reaffirmed a “buy” rating and issued a $17.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 1st. Finally, UBS Group reaffirmed a “buy” rating and issued a $16.00 target price (down from $21.00) on shares of Hewlett Packard Enterprise in a research report on Wednesday, September 6th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and eleven have issued a buy rating to the stock. Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus target price of $16.04.
In related news, EVP Henry Gomez sold 494,360 shares of the company’s stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $14.87, for a total transaction of $7,351,133.20. Following the completion of the transaction, the executive vice president now directly owns 494,360 shares in the company, valued at approximately $7,351,133.20. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Margaret C. Whitman sold 235,050 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $13.81, for a total value of $3,246,040.50. Following the transaction, the chief executive officer now owns 980,346 shares of the company’s stock, valued at $13,538,578.26. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,187,769 shares of company stock valued at $17,106,614. 0.87% of the stock is owned by company insiders.
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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).
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