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Hewlett Packard Enterprise Company (HPE)

NYSE - NYSE Delayed Price. Currency in USD
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14.21-0.14 (-0.98%)
At close: 04:04PM EST
14.26 +0.05 (+0.35%)
After hours: 07:54PM EST
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  • D
    Daniel
    So GS analyst doubled down on his projection and reduced his target from 14 to 13. Perhaps thinking that his “voice” will make it happen. Also today Raymond James maintained its outperform rating and increased its stock projection from 20 to 21. Bank of America, although dropping its target from 21 to 19, maintained its Buy rating. CFRA also came out today and reaffirmed its BUY ( again after reviewing the earnings report ) with a target of 19. CFRA also cited the $2 + Billion cash it got from Oracle and it’s balance sheet improvement. For those of you who looked at the financial exhibits, HPEs net worth last year increased by appx 25% ( from $16B to $20 B). So the company market cap is slightly below book net worth. So their announced ( at least) $500 million buy back ( on top of their recently purchased $213 Million stock buy back in just completed quarter) is good news to shareholders. Plus with the Oracle proceeds they just paid off a $1 Billion long term loan in the 4th Q. Which will safe them $47 million a year. Very good time to be buying.
  • D
    D
    Don’t worry, once my options expire it’ll boom.
  • G
    George
    MORE POSITIVE OUTLOOKS THAN WHAT IT UNDERESTIMATE....
    SHOULD BE UP HIGHER IN THE RANGE OF NEAR $15.50-$16.00 STARTING TOMORROW AND BEYOND SOON !!!!!!!!!!!!!!!

    “The demand environment has been incredibly strong and accelerated in the second half of the year, which gives us important momentum headed into next year," says CFO Tarek Robbiati. "We are operating with greater focus and more agility and are well positioned to deliver against our FY22 outlook.”
    • Revenue by segment: Intelligent Edge, $815 million (up 4%); High Performance Computing & Artificial Intelligence, $1 billion (up 1%); Compute, $3.2 billion (up 1%); Storage, $1.3 billion (up 3%); Financial Services, $858 million (up 1%).
    • Cash flow from operations hit $5.9 billion, up $3.6 billion from the prior-year period though it includes an after-tax impact of $2.2 billion in cash from Oracle's satisfaction of a judgment in Itanium litigation. Free cash flow was $1.6 billion, up $1 billion year-over-year.
  • D
    DANNY
    Great earing report with 2.0 billion cash flow and $500 million in share buybacks in Fiscal 2022, which will push the stock price higher very soon ! Same as DELL ...buy...buy....

    • Fiscal 2022 free cash flow: Reiterates free cash flow guidance to be in the range of $1.8 to $2.0 billion.
    • Committed to returning at least $500 million in share buybacks in Fiscal 2022.
  • G
    George
    NO WONDER THE REASON WHY HPE DID NOT RAISE THEIR GUIDANCE THIS TIME EVEN STRONG DEMAND IN COMPUTERS IS THAT JUST BECAUSE THEY WANTED IN PURPOSE TO KEEP THE PRICE LOW SO THAT THEY CAN BUY BACK SHARES WITH CHEAP VALUE AND THEN SO WILL EARN BIGGER PROFITS IN FUTURE...

    THEY ARE REALLY DOING SMART WAYS ..ARE THEY ?....

    • Committed to returning at least $500 million in share buybacks in Fiscal 2022.
  • D
    DANNY
    After conference call today, next stop tomorrow $15.50 and beyond....

    buy more...
  • D
    Daniel
    Bank of America/ Merrill lunch within the last hour adjusted their price target to 19 from 21 -due to the supply constraints all manufacturers are experiencing - and Repeated their Buy rating. Felt that there was good value in the company.
  • P
    Profit
    There are companies preforming poorly trading with higher prices
  • G
    George
    Nov. 30, 2021 4:29 PM ETHewlett Packard Enterprise Company (HPE)

    • Topped profit expectations but issued Q1 earnings guidance that looked light compared to Wall Street estimates.
    • Revenues rose 1.9% to $7.35 billion, with broad but modest gains across segments. The best grower in percentage terms was the Intelligent Edge business, hitting $815 million. Those revenues were up 7% sequentially, above normal sequential seasonality.
    • On a positive note, annualized revenue run-rate hit $796 million, up 36%, and total "as-a-Service" orders were up 114%.
    • Company guidance for Q1 EPS, though, was $0.42-$0.50 vs. Street expectations for $0.49.
    • “The demand environment has been incredibly strong and accelerated in the second half of the year, which gives us important momentum headed into next year," says CFO Tarek Robbiati. "We are operating with greater focus and more agility and are well positioned to deliver against our FY22 outlook.”
    • Revenue by segment: Intelligent Edge, $815 million (up 4%); High Performance Computing & Artificial Intelligence, $1 billion (up 1%); Compute, $3.2 billion (up 1%); Storage, $1.3 billion (up 3%); Financial Services, $858 million (up 1%).
    • Cash flow from operations hit $5.9 billion, up $3.6 billion from the prior-year period though it includes an after-tax impact of $2.2 billion in cash from Oracle's satisfaction of a judgment in Itanium litigation. Free cash flow was $1.6 billion, up $1 billion year-over-year.
  • i
    israeli
    I don't know how I ever traded without using (http://trademarketview.tech) I look forward to their daily emails each morning that list pre-market movers based on thoroughly researched stock market and world news. I highly recommend anyone who invests in the stock market!
  • G
    Greg M.
    Beat EPS, slight miss on rev...guidance in line...reason for miss was some longer term high margin revenue will b spread out n become recurring vs analysts having in current qtr...this higher GM revenue bodes well for future EPS n thus Market Cap! Expecting this decrease to turn around once CC gets going n the street understands. Time will tell!
  • D
    Daniel
    CFRA confirmed their BUY today with a price target of $19.00 So Bank of America/Merrill Lynch and CFRA have both updated their opinion of HPE since the GS position was made, and both are sticking with their buy opinion and their 21 & 19 target prices respectively. On Tuesday after the market closes we will have a much better picture of the company when they release their earnings.
  • H
    Hubert
    8 minutes ago, Marketwatch reports HPES quarterly earnings blow past estimates. There is no way that HPE should be trading this low. Not even a small bank who misses and is loaded with debt is trading this low.
  • T
    TAM
    ZACKS has STRONG-BUY for HPE....

    https://www.zacks.com/stock/quote/HPE?q=HPE
  • H
    Hubert
    Please watch the you tube video on November 1, 2021, entitled, Making Markets EP13 From Edge to Cloud. Shortly before the long interview ends, the CEO of HPE, Antonio Neri, states that no matter how you look at it, HPE should be trading at no less than 20 dollars a share
  • G
    Gumby
    Earnings are good, revenue not so much. This reminds me of the Mark Hurd days. Remember Mark, gut the company for short term profits Hurd! Trust me I'd really like this dog to soar so that I can get some return on my shares but it won't.
  • R
    Reader
    Exceeds FY21 commitments; Edge-to-cloud strategy driving strong momentum across all businesses entering FY22

    1% growth
  • P
    Profit
    The stock price should have been over 15$ before the company's report - and should be somewhere around 16-16.75$ today. I beginning to believe that something else preventing this stock from soaring.. And its not the NAME of the company
  • H
    Hg
    Tomorrow $15.90
  • D
    Daniel
    Hubert, there is an old saying, the best revenge is living well. If the earnings come out well on Tuesday afternoon and we either get some strong positive action in the after market or the next full trading day on Wednesday and the stock does well. That will be sweet and GS analyst will have burned a lot of people & the people who got burned will scream at GS. If it turns out the other way, he will look very smart. We will see what happens.