UPDATE: HP Enterprise (HPE) Seen as Inexpensive; Bernstein Upgrades to 'Outperform'
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Go back to UPDATE: HP Enterprise (HPE) Seen as Inexpensive; Bernstein Upgrades to 'Outperform'
March 4, 2016 10:15 AM EST
Wells Fargo analyst, Maynard Um expects to see margin expansion, and FCF growth after HP Enterprise (NYSE: HPE) reported in line revenue with slighlty better than expected margins. He sees 5 reasons shares will Outperform in the coming year: 1) material recurring profits, 2) revenue stabilization, 3) margin expansion helped by mix/restructuring, 4) potential for year-over-year cash flow improvement, 5) attractive valuation at 7.1x F16E EPS of $1.92.
HPE reported a... More
March 4, 2016 10:01 AM EST
Deutsche Bank reiterated a Buy rating and $19.00 price target on Hewlett Packard Enterprise (NYSE: HPE), following the company's 1Q earnings report. HPE reported sales of $12.7B and EPS of $0.41, in line with Consensus at $12.7B / $0.40. Hardware sales saw another strong quarter, with... More
March 3, 2016 4:08 PM EST
Hewlett Packard Enterprise (NYSE: HPE) reported Q1 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.68 billion.
GUIDANCE:
Hewlett Packard Enterprise sees Q2 2016 EPS of $0.39-$0.43, versus the... More
