What 12 Analyst Ratings Have To Say About Hewlett Packard

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In the last three months, 12 analysts have published ratings on Hewlett Packard HPE, offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 0 10 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 8 0 0
2M Ago 0 0 2 0 0
3M Ago 0 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $20.75, with a high estimate of $26.00 and a low estimate of $17.00. This upward trend is evident, with the current average reflecting a 22.06% increase from the previous average price target of $17.00.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Hewlett Packard among financial experts becomes clear with a thorough analysis 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
James Kelleher Argus Research Announces Buy $26.00 -
David Vogt UBS Raises Neutral $17.00 $16.00
Toni Sacconaghi Bernstein Raises Market Perform $19.00 $17.00
Tim Long Barclays Raises Equal-Weight $20.00 $14.00
Mehdi Hosseini Susquehanna Raises Neutral $20.00 $14.00
Matthew Sheerin Stifel Raises Buy $22.00 $18.00
Meta Marshall Morgan Stanley Raises Equal-Weight $21.00 $19.00
Amit Daryanani Evercore ISI Group Raises In-Line $22.00 $18.00
Aaron Rakers Wells Fargo Raises Equal-Weight $22.00 $19.00
Wamsi Mohan B of A Securities Raises Neutral $22.00 $19.00
Aaron Rakers Wells Fargo Raises Equal-Weight $19.00 $17.00
Meta Marshall Morgan Stanley Raises Equal-Weight $19.00 $16.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hewlett Packard. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hewlett Packard compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Hewlett Packard's stock. This analysis reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Hewlett Packard's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Hewlett Packard analyst ratings.

Unveiling the Story Behind 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.

Hewlett Packard's Economic Impact: An Analysis

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.

Positive Revenue Trend: Examining Hewlett Packard's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.31% as of 30 April, 2024, showcasing a substantial increase in 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 4.36%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.46%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.53%, the company showcases effective utilization of assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.52.

The Core of Analyst Ratings: What Every Investor Should Know

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.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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