Hewlett Packard Enterprise (NYSE:HPE) Earning Very Critical News Coverage, Report Shows

News headlines about Hewlett Packard Enterprise (NYSE:HPE) have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hewlett Packard Enterprise earned a media sentiment score of -3.17 on their scale. InfoTrie also assigned media headlines about the technology company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Hewlett Packard Enterprise’s score:

Shares of NYSE:HPE traded up $0.19 during trading on Monday, reaching $15.14. 10,192,700 shares of the stock were exchanged, compared to its average volume of 10,541,507. The stock has a market capitalization of $20.61 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 1.38 and a beta of 1.59. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.80 and a current ratio of 0.93. The stock has a fifty day moving average price of $14.44. Hewlett Packard Enterprise has a 1-year low of $12.09 and a 1-year high of $17.59.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Thursday, May 23rd. The technology company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. Hewlett Packard Enterprise had a return on equity of 12.32% and a net margin of 0.95%. The company had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the prior year, the company earned $0.34 EPS. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. Equities analysts anticipate that Hewlett Packard Enterprise will post 1.67 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 11th will be issued a dividend of $0.112 per share. The ex-dividend date is Tuesday, September 10th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.96%. Hewlett Packard Enterprise’s dividend payout ratio is 28.85%.

HPE has been the topic of a number of recent analyst reports. UBS Group cut Hewlett Packard Enterprise from a “neutral” rating to a “sell” rating and decreased their target price for the company from $17.00 to $13.00 in a research report on Tuesday, March 12th. Credit Suisse Group started coverage on Hewlett Packard Enterprise in a report on Thursday, April 11th. They issued an “underperform” rating and a $14.00 target price on the stock. Daiwa Capital Markets started coverage on Hewlett Packard Enterprise in a report on Monday, April 1st. They issued a “hold” rating and a $16.00 target price on the stock. Evercore ISI started coverage on Hewlett Packard Enterprise in a report on Wednesday, June 5th. They issued an “underperform” rating and a $14.00 target price on the stock. Finally, Nomura reduced their target price on Hewlett Packard Enterprise from $20.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, May 24th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.50.

In related news, insider Irv Rothman sold 84,629 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $13.85, for a total transaction of $1,172,111.65. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Antonio F. Neri sold 591,276 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $16.51, for a total value of $9,761,966.76. Following the transaction, the insider now directly owns 59,110 shares in the company, valued at $975,906.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 702,405 shares of company stock worth $11,320,179. 0.56% of the stock is currently owned by insiders.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.

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