HP Announces Fiscal 2016 Financial Outlook for Hewlett Packard Enterprise
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UBS Reiterates Buy on Hewlett-Packard (HPQ) Following Analyst Meeting
September 16, 2015 9:02 AM EDTUBS reiterated a Buy rating and $36.00 price target on Hewlett-Packard (NYSE: HPQ) following the company's analyst meeting. HPQ sees F16 combined EPS in range of $3.52-3.72, about flat from F15 and roughly as expected.
Analyst Steven Milunovich commented, "Our conclusions from the company's... More
Mizuho Securities Remains Neutral on Hewlett-Packard (HPQ) Following Analyst Day
September 16, 2015 7:24 AM EDTMizuho Securities maintained a Neutral rating and $30.00 price target on Hewlett-Packard (NYSE: HPQ) following the company's analyst day. Analyst Abhey Lamba said that although HP Inc. will likely remain a capital return story, HP Enterprise will likely be operated like a growth... More
BMO Capital Reiterated Market Perform on Hewlett-Packard (HPQ) Following Securities Analyst
September 16, 2015 7:18 AM EDTBMO Capital maintained a Market Perform rating and $33.00 price target on Hewlett-Packard (NYSE: HPQ) following a securities analyst meeting. HPQ is guiding free cash flow to $4.5-5.0 billion (post-restructuring and separation charges) and non-GAAP EPS to $3.52-3.72. Management expects EPS to be negatively impactedby ~$0.60 or $1.0 billion (post-tax).... More
HP (HPQ) Updates on Outlook Following Hewlett Packard Enterprise (HPE) Spin; Sees Job Cuts
September 15, 2015 4:40 PM EDTHewlett-Packard (NYSE: HPQ)
Estimates non-GAAP diluted net EPS for fiscal 2016 of $1.85 to $1.95 and GAAP diluted net EPS for fiscal 2016 of $0.75 to $0.85Estimates free cash flow of $2.0 to $2.2 billion in fiscal 2016 or normalized free cash flow of $3.7 billion before separation and restructuring cash paymentsExpects to return at least 50% of free cash flow in fiscal 2016 to shareholders through dividends and share repurchasesToday at HP's 2015 Securities Analysts Meeting, the future Hewlett Packard Enterprise Company leadership team provided a strategy update and financial outlook for the new company.
Meg Whitman,... More
