HPE - Hewlett Packard Enterprise Company

NYSE - NYSE Delayed Price. Currency in USD
14.95
+0.60 (+4.18%)
At close: 4:04PM EDT

14.90 -0.05 (-0.33%)
After hours: 6:10PM EDT

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Previous Close14.35
Open14.62
Bid14.90 x 27000
Ask14.91 x 4000
Day's Range14.59 - 14.95
52 Week Range12.09 - 16.97
Volume8,645,642
Avg. Volume9,547,012
Market Cap19.519B
Beta (3Y Monthly)1.22
PE Ratio (TTM)N/A
EPS (TTM)-0.14
Earnings DateDec 2, 2019 - Dec 6, 2019
Forward Dividend & Yield0.45 (3.19%)
Ex-Dividend Date2019-09-10
1y Target Est16.05
Trade prices are not sourced from all markets
  • HPE CEO's Leadership Advice: 'Aspire to Be Something Bigger'
    Meredith Videos

    HPE CEO's Leadership Advice: 'Aspire to Be Something Bigger'

    Hewlett Packard Enterprise CEO Antonio Neri is following the innovation lessons of legendary founders William Hewlett and David Packard.

  • Barrons.com

    HPE Stock Rises After an Analyst Turns Less Bearish

    (HPE) stock (ticker: HPE) was moving higher Monday after Evercore ISI boosted its rating on the shares. Analyst Amit Daryanani upped his rating on the enterprise technology giant to In Line from Underperform, with a new price target of $15, up from $13. While hardly a ringing endorsement—Evercore’s new target is just a tad above the current stock price—the report represents a distinct change in tone from an analyst who had previously had been bearish on HP Enterprise.

  • Barrons.com

    The Dow Isn’t Moving Much Because Trade-Deal Enthusiasm Isn’t Holding

    The three main U.S. stock-market indexes hovered near the break-even point as investor enthusiasm for Friday’s U.S.-China trade deal continued to fade.

  • TheStreet.com

    HP Enterprise Shares Higher After Evercore Analyst's Upgrade to In Line

    HP Enterprise shares gained 3% after Evercore ISI analyst Amit Daryanani also lifted his price target.

  • Apple (AAPL) Releases Latest Version of MacOS Named Catalina
    Zacks

    Apple (AAPL) Releases Latest Version of MacOS Named Catalina

    Apple's (AAPL) latest version of desktop operating system software MacOS Catalina comes with new apps and features and addresses security breaches and other issues.

  • Business Wire

    Organizations Around the World Migrate to Aruba 8000 Series Core Switches Citing Benefits from Advanced Security, Visibility and Simplified Operations

    Aruba, a Hewlett Packard Enterprise company (HPE), today announced that organizations globally are replacing their core switching infrastructure with the Aruba 8000 Series Core Switches running ArubaOS-CX (AOS-CX), the industry’s most advanced operating system purpose-built for the unique demands of the mobile, IoT and cloud era. The Aruba 8000 Series hardware and software breakthrough design principles provide deep visibility, advanced telemetry and simplified automation, allowing network operators to utilize data and insights to drive better business outcomes.

  • Business Wire

    HPE to Webcast 2019 Securities Analyst Meeting

    Hewlett Packard Enterprise , will host its 2019 Securities Analyst Meeting on Oct. 23. Join the live webcast to hear president and CEO Antonio Neri and executive vice president and chief financial officer Tarek Robbiati discuss HPE's strategy and financial outlook.

  • AMD Unveils Radeon RX 5500 Series to Boost Gaming Experience
    Zacks

    AMD Unveils Radeon RX 5500 Series to Boost Gaming Experience

    Advanced Micro Devices (AMD) unveils Radeon RX 5500 Series, which is expected to enhance user gaming experience amid increasing competition.

  • Marvell's (MRVL) Host Adapters Power Hewlett Packard Servers
    Zacks

    Marvell's (MRVL) Host Adapters Power Hewlett Packard Servers

    The inclusion of Marvell's (MRVL) QLogic Enhanced 32GFC HBAs offers Hewlett Packard's customers concurrent FCP and FC-NVMe access.

  • How Many Hewlett Packard Enterprise Company (NYSE:HPE) Shares Do Institutions Own?
    Simply Wall St.

    How Many Hewlett Packard Enterprise Company (NYSE:HPE) Shares Do Institutions Own?

    The big shareholder groups in Hewlett Packard Enterprise Company (NYSE:HPE) have power over the company. Institutions...

  • With yet another restructuring, HP wakes up to the realities of its struggling cash cow
    MarketWatch

    With yet another restructuring, HP wakes up to the realities of its struggling cash cow

    HP Inc. is embarking on yet another massive restructuring, with plans to lay off 7,000 to 9,000 employees over the next three years, as its biggest profit generator, printing, continues to reel from soft demand pressures and cheaper copycat printing supplies.

  • Financial Times

    Giving old tech a second life

    For Jackie Rafferty, operations manager at Hewlett Packard Enterprise’s Technology Renewal Centre just outside Glasgow, there was satisfaction in finally finding a home for some vintage tech that can still fetch top dollar. It shares the spoils of reselling customers’ redundant equipment, providing them with the cash to buy new kit from it and strengthening the understanding of its sales teams on when and where a customer who leases or buys will upgrade.

  • HP to Cut as Much as 16% of Workforce Amid Print Unit Woes
    Bloomberg

    HP to Cut as Much as 16% of Workforce Amid Print Unit Woes

    (Bloomberg) -- HP Inc. will slash as much as 16% of its workforce as part of a broad restructuring meant to cut costs and boost sales growth amid the company’s first change in top leadership in four years.The personal computer giant said it will cut 7,000 to 9,000 positions through firings and voluntary early retirement. The job reductions will help save about $1 billion by the end of fiscal 2022, the Palo Alto, California-based company said Thursday in a statement. HP had 55,000 employees as of a year ago, the last time it disclosed the figure.HP also announced it expects profit, excluding restructuring costs and other items, to be $2.22 to $2.32 a share in fiscal 2020. Analysts, on average, estimated $2.23 a share, according to data compiled by Bloomberg.HP shares were down 8.5% at 9:40 a.m. in New York.The company released the projections as it faces a number of uncertainties. Dion Weisler, the chief executive officer who has shepherded the company since its 2015 split with Hewlett Packard Enterprise Co., is stepping down Nov. 1 due to family health reasons. The incoming CEO, Enrique Lores, is a longtime HP executive. The company’s printing business, a major source of profit, has seen falling sales and recently was dubbed a “melting ice cube” by analysts at Sanford C. Bernstein. And an activist investor may be building a stake in the company, a Gordon Haskett analyst speculated Wednesday.“We see ourselves starting a new chapter for HP and we will be announcing bold moves to support that statement,” Lores said in an interview. “We have spent a lot of time building this plan. We can embrace the changes we see happening in the market and that can help us position the company for the future.”HP’s reorganization will cost $1 billion, resulting in charges of $100 million in the fiscal fourth quarter, $500 million in fiscal 2020 and the rest split between fiscal 2021 and 2022, the company said.“The bulk of the savings will be in corporate functions, back-office support,” Chief Financial Officer Steve Fieler said about the job cuts in an interview.HP’s board boosted the company’s share repurchasing plan by an additional $5 billion. The company had $1.7 billion remaining on its existing plan. HP said it will also boost its stock dividend by 10%. The company’s shares have declined 10% this year, closing at $18.40 on Thursday in New York.The company said it expects at least $3 billion of free cash flow in fiscal 2020, and will return 75% or more of that money to investors.Along with financial metrics, the company said it would make changes to its printing unit to focus on providing more services. HP will raise prices for printers that can be used with non-HP ink cartridges, so that the hardware is more profitable. Currently, printers are sold cheaply and the unit’s operating profit margin is padded by the ink supplies. HP will offer some lower-priced printers, but employ new technologies to ensure they are only compatible with HP ink.HP will also start selling the underlying technology of its ink jet printing, known as microfluidics, to the health-care and cosmetics industries, among others.“We are really confident about the future of the company,” Lores said.(Updates with shares in 4th paragraph. A previous version of the story corrected the type of job roles affected by layoffs.)To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • [video]Where HP Stock May Bottom After Falling Through 52-Week Lows
    TheStreet.com

    [video]Where HP Stock May Bottom After Falling Through 52-Week Lows

    HP plans to eliminate 7,000 to 9,000 jobs from its current workforce of 55,000 employees. Worth noting is that Hewlett Packard Enterprise is down too, falling about 1.5%. Let's look at the charts to see where HPQ stock may bottom.

  • Business Wire

    HPE (Aruba) Positioned in Leaders Quadrant of Gartner’s Magic Quadrant for Wired and Wireless LAN Infrastructure for Fourteenth Year

    Ranked First in Five of Six Use Cases in Gartner Critical Capabilities for Wired and Wireless LAN Infrastructure

  • Business Wire

    St. Dominic Memorial Hospital Mobilizes Patient Care with Aruba Switching, Wi-Fi 6 and Security Solutions

    Aruba, a Hewlett Packard Enterprise company (HPE), today announced that St. Dominic-Jackson Memorial Hospital, a 571-bed acute care facility in Jackson, Mississippi, has standardized on Aruba wired, wireless – including Wi-Fi 6 (802.11ax) – and security solutions to deliver superior care to patients, improve productivity for its 3,000+ nurses, doctors and skilled caregivers, and ensure a secure connected experience for the almost 15,000 mobile and IoT devices on the provider’s network.

  • Business Wire

    BlueShore Financial Chooses HPE Primera to Power Mission-Critical Workloads

    Hewlett Packard Enterprise (HPE) today announced BlueShore Financial (BlueShore), a full service boutique financial institution, has selected HPE Primera to foster innovation and deliver superior products and services to clients. Announced in June 2019, and now generally available, HPE Primera is a new platform that redefines mission-critical storage by delivering superior simplicity, availability and performance.

  • Hewlett Packard Completes Cray Buyout to Boost HPC Footing
    Zacks

    Hewlett Packard Completes Cray Buyout to Boost HPC Footing

    Hewlett Packard Enterprise (HPE) closes the consolidation of Cray to springboard HPC and AI portfolio.

  • Why Is HP Enterprise (HPE) Up 9.1% Since Last Earnings Report?
    Zacks

    Why Is HP Enterprise (HPE) Up 9.1% Since Last Earnings Report?

    HP Enterprise (HPE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Business Wire

    HPE Cybersecurity Solutions Recognized for Ability to Reduce Risk By Insurers in New Cyber Catalyst Program

    HPE-exclusive silicon root of trust and Aruba Policy Enforcement Firewall recognized for ability to reduce cybersecurity risk with new Marsh Cyber Catalyst designation

  • Computer Integrated Systems Industry Outlook: Prospects Bleak
    Zacks

    Computer Integrated Systems Industry Outlook: Prospects Bleak

    Computer Integrated Systems Industry Outlook: Prospects Bleak

  • Business Wire

    HPE Completes Acquisition of Supercomputing Leader Cray, Inc.

    Hewlett Packard Enterprise (HPE) today announced it has completed the acquisition of supercomputing leader Cray Inc., earlier than the original target date. HPE paid $35.00 per share, in a transaction valued at approximately $1.4 billion, net of cash. The explosion of data is driving a significant expansion of high performance computing (HPC) as customers seek to unlock the power of their data through artificial intelligence, machine learning, and big data analytics, requiring technologies that can power exascale-class performance.

  • PR Newswire

    Fresh Del Monte Produce and Jagged Peak Energy Set to Join S&P SmallCap 600

    NEW YORK , Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30 : Fresh Del Monte ...

  • Moody's

    HPEFS Equipment Trust 2019-1 -- Moody's assigns definitive ratings to HPEFS Equipment Trust 2019-1 Notes

    Moody's Investors Service ("Moody's") has assigned definitive ratings to the notes issued by HPEFS Equipment Trust 2019-1 (HPEFS 2019-1). This is the first issuance for Hewlett-Packard Financial Services Company (HPEFS), a wholly owned subsidiary of Hewlett Packard Enterprise Company (HPE, Baa2, stable). The notes are backed by a pool of small-ticket equipment loans and leases primarily originated by HPEFS, which is also the servicer and administrator for the transaction.