Hewlett-Packard Company (HPQ) – Research Analysts’ Recent Ratings Updates

The stock price of Hewlett Packard Enterprise has gained 257.92% over the last 200 days, and is in reinforcing up trend.

Shares of Hewlett-Packard Company (NYSE:HPQ) ended Thursday session in red amid volatile trading. Finally, Jefferies Group upgraded Hewlett-Packard Company to a “buy” rating in a research note on Monday, August 17th.

Hewlett-Packard Company (NYSE:HPQ) traded down 4.02% during mid-day trading on Monday, reaching $13.36.

The overall rating for the company is 2.38. The stock’s 50-day moving average is $24.52 and its 200-day moving average is $28.92. The business had revenue of $25.30 billion for the quarter, compared to analysts’ expectations of $25.58 billion. Shareholders of record on Wednesday, December 9th will be given a dividend of 0.124 per share by the computer maker on Wednesday, January 6th. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

In looking at earnings, analysts are predicting earnings of $0.44 for the current fiscal quarter. Separately, on November 6, Deutsche Bank’s Sherri Scribner maintained a Hold rating on the stock and has a price target of $17. The consensus target is $17.28. Needham & Company LLC started coverage on Hewlett Packard Enterprise in a research note on Monday, November 2nd.

If HPQ returns 75% of its free cash flow (FCF) to investors in F16 (HPQ committed 50-75% with FCF guidance of $2.5-$2.8B), this would imply a share repurchase of roughly $1.1B (79MM shares), all else equal, or $432MM at 50% (31MM shares). Following the completion of the transaction, the executive vice president now directly owns 22,687 shares of the company’s stock, valued at approximately $635,689.74. The rating is an average of the various different ratings given by analysts and brokers to Hewlett Packard Company, and then averaged into one rating by a team of analysts at Zacks in Chicago, Illinois. Equity Analysts at the Firm announces the price target to $18 per share. The stock presently has an average rating of “Hold” and an average target price of $26.53. The Company offers IT sector’s broadest portfolios of products and services which bring software infrastructure, and services through initiation to enable its customers to produce value and solve company problems. The Company’s options are designed by IT by leveraging the strengths and capabilities as well as the breadth of its offerings of its unique business units to supply foundation, in the areas of big data, cloud, freedom and security. Its operations are organized into seven segments: the Personal Systems Group (PSG), Services, the Imaging and Printing Group (IPG), Enterprise Servers, Storage and Networking (ESSN), HP Software, HP Financial Services (HPFS) and Corporate Investments.