For its fourth fiscal quarter (ending October 31), Hewlett Packard Enterprise Co (NYSE: HPE) has reported E.P.S. of $0.50 compared to $-0.23 a year ago. This performance was $-0.00 short of the consensus estimate of $0.50. E.P.S. were $1.56 for the latest four quarters through October 31 versus $0.67 for the same period a year ago — an increase of 133%.
Recent Price Action
Hewlett Packard Enterprise Co (NYSE: HPE) stock declined modestly by -0.5% on 11/28/23. The stock closed at $15.52. The stock has declined -2.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HPE is expected to continue to be an important Value Builder.
Hewlett Packard Enterprise has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hewlett Packard Enterprise has a good Appreciation Score of 71 and a good Power Rating of 78, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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