Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Hewlett Packard HPE in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 3 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Hewlett Packard and provided 12-month price targets. The average target is $16.8, accompanied by a high estimate of $18.00 and a low estimate of $14.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 11.58%.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Hewlett Packard among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matthew Sheerin | Stifel | Lowers | Buy | $18.00 | $20.00 |
| Aaron Rakers | Wells Fargo | Lowers | Equal-Weight | $17.00 | $21.00 |
| Amit Daryanani | Evercore ISI Group | Lowers | In-Line | $18.00 | $19.00 |
| Tim Long | Barclays | Lowers | Equal-Weight | $14.00 | $15.00 |
| Toni Sacconaghi | Bernstein | Lowers | Market Perform | $17.00 | $20.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hewlett Packard. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Hewlett Packard compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Hewlett Packard's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Hewlett Packard's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Hewlett Packard analyst ratings.
About Hewlett Packard
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Breaking Down Hewlett Packard's Financial Performance
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, Hewlett Packard faced challenges, resulting in a decline of approximately -6.61% in revenue growth as of 31 October, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Hewlett Packard's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.73%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Hewlett Packard's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.07%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Hewlett Packard's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.13% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a high debt-to-equity ratio of 0.64, Hewlett Packard faces challenges in effectively managing its debt levels, indicating potential financial strain.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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