HPE Will Be Announcing Its Quarterly Earnings Next Tuesday

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HPQ
HPQ

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.