|Bid||11.12 x 4000|
|Ask||11.13 x 1400|
|Day's Range||11.10 - 11.26|
|52 Week Range||7.43 - 16.45|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||11,158.90|
|Earnings Date||Dec 01, 2020|
|Forward Dividend & Yield||0.48 (4.35%)|
|Ex-Dividend Date||Sep 08, 2020|
|1y Target Est||11.64|
Over the past three months, shares of Hewlett Packard (NYSE: HPE) moved higher by 17.00%. Before having a look at the importance of debt, let us look at how much debt Hewlett Packard has.Hewlett Packard's Debt According to the Hewlett Packard's most recent balance sheet as reported on September 3, 2020, total debt is at $19.84 billion, with $13.73 billion in long-term debt and $6.11 billion in current debt. Adjusting for $8.46 billion in cash-equivalents, the company has a net debt of $11.38 billion.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.Shareholders look at the debt-ratio to understand how much financial leverage a company has. Hewlett Packard has $58.24 billion in total assets, therefore making the debt-ratio 0.34. As a rule of thumb, a debt-ratio more than one indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 40% might be higher for one industry and average for another.Why Shareholders Look At Debt? Debt is an important factor in the capital structure of a company, and can help it attain growth. Debt usually has a relatively lower financing cost than equity, which makes it an attractive option for executives.However, due to interest-payment obligations, cash-flow of a company can be impacted. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more. See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For December 1, 2020 * Hewlett Packard's Earnings Outlook(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Hewlett Packard (NYSE:HPE) announces its next round of earnings this Tuesday, December 01. Here is Benzinga's look at Hewlett Packard's Q4 earnings report.Net Income, Earnings, And Earnings Per Share Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.Earnings And Revenue Analysts covering Hewlett Packard modeled for quarterly EPS of $0.34 on revenue of $6.88 billion. In the same quarter last year, Hewlett Packard reported earnings per share of $0.49 on revenue of $7.21 billion.Why Analyst Estimates And Earnings Surprises Are Important Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.View more earnings on HPEThe analyst consensus estimate would represent a 30.61% decrease in the company's earnings. Revenue would be down 4.64% from the year-ago period. Hewlett Packard's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019 EPS Estimate 0.23 0.30 0.44 0.46 EPS Actual 0.32 0.22 0.44 0.49 Revenue Estimate 6.06 B 6.32 B 7.23 B 7.40 B Revenue Actual 6.82 B 6.01 B 6.95 B 7.21 B Stock Performance Shares of Hewlett Packard were trading at $11.22 as of November 27. Over the last 52-week period, shares are down 28.03%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.Do not be surprised to see the stock move on comments made during its conference call. Hewlett Packard is scheduled to hold the call at 17:00:00 ET and can be accessed here.See more from Benzinga * Click here for options trades from Benzinga * 10 Information Technology Stocks Showing Unusual Options Activity In Today's Session * 10 Information Technology Stocks With Unusual Options Alerts In Today's Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Cloud software stocks including Salesforce, Zoom, Snowflake, Okta, and CrowdStrike report this week. Plus, jobs Friday, Jerome Powell testimony, and October PMIs.