What 5 Analyst Ratings Have To Say About Hewlett Packard – Hewlett Packard (NYSE:HPE)

Hewlett Packard HPE underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints 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 0 1 3 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 2 1 0
3M Ago 0 1 0 0 0

Insights from analysts’ 12-month price targets are revealed, presenting an average target of $16.8, a high estimate of $20.00, and a low estimate of $15.00. Observing a downward trend, the current average is 4.0% lower than the prior average price target of $17.50.

Decoding Analyst Ratings: A Detailed Look

A clear picture of Hewlett Packard’s perception among financial experts is painted 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
Toni Sacconaghi Bernstein Lowers Market Perform $17.00 $20.00
Meta Marshall Morgan Stanley Announces Equal-Weight $16.00
Meta Marshall Morgan Stanley Raises Underweight $16.00 $15.00
Tim Long Barclays Lowers Equal-Weight $15.00 $16.00
Simon Leopold Raymond James Raises Outperform $20.00 $19.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they ‘Maintain’, ‘Raise’, or ‘Lower’ their stance, it signifies their response to recent developments related to Hewlett Packard. This offers insight into analysts’ perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from ‘Outperform’ to ‘Underperform’. These ratings reflect expectations for the relative performance of Hewlett Packard compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Hewlett Packard’s stock. This comparison reveals trends in analysts’ expectations over time.

To gain a panoramic view of Hewlett Packard’s market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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.

Understanding the Numbers: Hewlett Packard’s Finances

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Challenges: Hewlett Packard’s revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a decline of approximately -6.61%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company’s net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.73%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Hewlett Packard’s ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.07%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Hewlett Packard’s ROA excels beyond industry benchmarks, reaching 1.13%. This signifies efficient management of assets and strong financial health.

Debt Management: Hewlett Packard’s debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.64, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

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.

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