|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||35.06 - 35.93|
|52-week range||35.06 - 35.93|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||6.64|
|Earnings date||23 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Hewlett Packard Enterprise Co. gave a lackluster quarterly profit forecast, held back by shortages of components that made it difficult to meet demand for its computer equipment. Shares slid in late trading.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s CroniesReliving the New York Subway Map Debate‘Pension Poachers’ Are Targeting America’s Elderly VeteransProfit, excluding certain items, will be 42 cents to 50 cents a share in the three months
HP (NYSE: HPQ) and Cisco Systems (NASDAQ: CSCO) are both mature tech companies that trade at low valuations and pay high dividends. HP, one of the world's largest PC and printer makers, trades at just eight times forward earnings and pays a forward dividend yield of 2.9%. Cisco, one of the world's leading networking hardware and software companies, trades at 16 times forward earnings and pays a forward yield of 2.7%.
HP's (NYSE: HPQ) stock surged 10% to a new all-time high after the PC and printer maker posted its fourth-quarter earnings report on Nov. 23. Its revenue rose 9% year-over-year to $16.7 billion, beating estimates by $1.