9.58 0.00 (0.00%)
After hours: 4:49PM EDT
|Bid||9.51 x 3100|
|Ask||9.79 x 1200|
|Day's range||9.09 - 9.74|
|52-week range||7.43 - 17.59|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||10.74|
|Earnings date||20 May 2020 - 24 May 2020|
|Forward dividend & yield||0.48 (4.78%)|
|Ex-dividend date||09 Mar 2020|
|1y target est||14.50|
Hewlett Packard's (HPE) Open Distributed Infrastructure Management program in collaboration with Intel aims to improve the management of geographically distributed physical infrastructure deployments.
HPE and Industry Partners Simplify 5G Rollout with Open, Vendor-Neutral Software to Manage IT Infrastructure Deployments
Today we dive into three cheap stocks trading under $20 a share that also pay a dividend that investors might want to buy now during coronavirus volatility...
Hewlett Packard Enterprise to Present Live Webcast of the Goldman Sachs Fireside Chat with the President of the Intelligent Edge Business
Hewlett Packard Enterprise to Present Live Audio Webcast of the Jefferies Fireside Chat with Tarek Robbiati, CFO
Unfortunately for some shareholders, the Hewlett Packard Enterprise (NYSE:HPE) share price has dived 39% in the last...
Hewlett Packard Enterprise (HPE) announced today it is making it easier for small businesses and remote office locations to focus on driving growth and make digital transformation a reality with new technologies that are simple to setup, highly secure and automated. The latest HPE Small Business Solutions include the next-generation HPE ProLiant MicroServer Gen10 Plus, featuring industry-leading automation, remote management, and security capabilities, and Intel® Pentium and Intel Xeon E processors. The HPE MicroServer, which is as small as a typical hardcover text book, is significantly more economical compared to existing market offerings, costs as little as a streaming TV / movie subscription at less than $20/month, and is as easy to setup as a smartphone.1
HPE Unveils Open, as-a-Service 5G Portfolio Designed for Telcos to Speed Path to Revenue and Redefine Experiences at the Enterprise Edge
Aruba Enables Global Telcos to Seamlessly Extend 5G Cellular Footprint into Enterprises with Passpoint-based Wi-Fi Service
Aruba today announced that its full family of high performance Wi-Fi 6 APs have achieved Wi-Fi CERTIFIED 6 certification from the Wi-Fi Alliance.
The computer, dubbed El Capitan after the famous rock face in California's Sierra Nevada mountains, will be housed at the Lawrence Livermore National Laboratory. It will also be used by two other national nuclear labs, Sandia National Laboratories and Los Alamos National Laboratory.
Hewlett Packard Enterprise (HPE) today announced that it will deliver the world’s fastest exascale-class supercomputer for the U.S. Department of Energy’s (DOE) National Nuclear Security Administration (NNSA) at a record-breaking speed of 2 exaflops - 10X faster than today’s most powerful supercomputer. The new system, which the DOE’s Lawrence Livermore National Laboratory (LLNL) has named El Capitan, is expected to be delivered in early 2023 and will be managed and hosted by LLNL for use by the three NNSA national laboratories: LLNL, Sandia National Laboratories and Los Alamos National Laboratory. The system will enable advanced simulation and modeling to support the U.S. nuclear stockpile and ensure its reliability and security.
(Bloomberg) -- Hewlett Packard Enterprise Co. reported sales that fell short of Wall Street estimates, signaling weaker corporate demand for servers amid macroeconomic concerns and the ongoing shift to cloud computing.Fiscal first-quarter sales declined 8% to $6.95 billion, the San Jose, California-based company said Tuesday in a statement. It marked the fifth consecutive quarter of year-over-year sales declines. Analysts, on average, expected $7.21 billion, according to data compiled by Bloomberg.Profit, excluding some items, was 44 cents a share, matching analysts’ projections. The company also maintained its fiscal 2020 outlook for adjusted profit at $1.78 to $1.94 a share.HPE Chief Executive Officer Antonio Neri has sought to fuel growth at the hardware company by moving to a subscription business model and investing in more sophisticated server technologies. The strategy may take years to pay off. In the meantime, HPE is exposed to China, the origin of the coronavirus, through its supply chain and its H3C server joint venture in the country. The company opted not to give a profit forecast for the current period due to uncertainty over the effects of the outbreak.HPE’s server sales decreased 16% to $3.01 billion in the period ended Jan. 31 because of macro uncertainty, supply chain disruption and a factory consolidation, Neri said in an interview. Businesses have reduced the pace of purchases for major information technology products amid slowing global economic growth.“I’m disappointed in the revenue performance for the business,” Neri said. “(But) we see continued momentum in key strategic areas,” including big-data storage, supercomputer sales and edge computing, which lets clients process information closer to the source rather than at far-away data centers, he added.On a conference call with analysts, Chief Financial Officer Tarek Robbiati said HPE wouldn’t produce any revenue growth this year, citing the supply chain disruptions. The company had said in November that it expected 1% to 3% sales growth in the next three years.HPE’s shares declined about 6% in extended trading after closing at $12.59 Tuesday in New York. The stock has dropped 23% in the past 12 months, including a 12% fall in the last two weeks as the broader market plunged on coronavirus concerns.The server maker cut its forecast of fiscal 2020 free cash flow to $1.6 billion to $1.8 billion, from a range of $1.9 billion to $2.1 billion, because of supply-chain disruptions due to the virus. HPE still expects to return 50% to 75% of free cash flow to investors, Neri said.The outbreak of the virus, known as Covid-19, has triggered companies to cut their financial outlooks and cancel events such as conferences. HPE said late Monday that it would cancel almost all events that require travel through April, except for a conference in London.“The situation is very fluid in the supply chain,” Neri said. “We can move products around. We are doing that as much as we can.”(Updates with details on future revenue in the seventh paragraph.)To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
HPE now expects 2020 free cash flow between $1.6 billion and $1.8 billion, down from its prior outlook of $1.9 billion to $2.1 billion. "The health issue is causing disruption to both supply and demand, and while we cannot quantify the real impact at this time, we're monitoring the situation closely and are working with our suppliers to minimize potential impact," Chief Financial Officer Tarek Robbiati said on a post earnings call with analysts.
HP Enterprise (HPE) delivered earnings and revenue surprises of 2.33% and -3.53%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?
China’s Huawei Technologies, which for years has denied violating American trade sanctions on Iran, produced internal company records in 2010 that show it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. Two Huawei packing lists, dated December 2010, included computer equipment made by Hewlett-Packard Co and destined for the Iranian carrier, internal Huawei documents reviewed by Reuters show. The packing lists and other internal documents, reported here for the first time, provide the strongest documentary evidence to date of Huawei’s involvement in alleged trade sanctions violations.
Slowdown in technology spending by enterprises, U.S.-Sino trade tiff and business disruptions due to coronavirus fears are expected to have affected Hewlett Packard's Q1 performance.
HP Enterprise (HPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
To ward off a hostile takeover bid by Xerox, which is a much smaller company, HP (not to be confused with Hewlett Packard Enterprise, a separate public company) is promising its investors billions and billions of dollars. All investors have to do to get the goods is reject the Xerox deal.