Looking at top Wall Street opinions, Hewlett Packard Enterprise Company (NYSE: HPE) has recently made its way into the research list of UBS – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Sell in the eyes of UBS, whereas its previous rating was Neutral in the eyes of UBS, as reported on Tuesday, March 12th, 2019. Another heavy-hitting research note was published by Morgan Stanley on Wednesday January 16th, 2019, with this firm downgrading HPE to an updated rating of Equal-Weight from its previous rating of Overweight. In the past six months and three months of trading, shares of Hewlett Packard Enterprise Company (HPE) have moved by -7.38% and 4.08%, respectively.
Brokerage Updates Related to Hewlett Packard Enterprise Company (HPE) Stock
This publicly-traded organization generated losses of -5.14% over the last 5 sessions. Right now, this stock is the subject of 20 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 1 has given a sell rating, and 3 have given a rating of Buy or better. Based on the 20 stock market experts following this company, the average 12-month price target is $17.20. Moreover, individual price targets range between $13.00-$23.00. With its recent move to $17.00, we can see that these firms project this stock will loss by -20.09% in one year.
Updates from Hewlett Packard Enterprise Company (HPE) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A President and CEO at Hewlett Packard Enterprise Company (HPE) sold off some of its shares in a transaction that was finalized on Mar 04. Similarly, Neri Antonio F sold 384,445 shares of the organization’s stock at $16.50 apiece and racked up $6,343,727 in earnings from the sale. Now, Neri Antonio F holds 4,936 shares of the company following the exchange. A CSO, Pres Hybrid IT of the organization named Davis Philip, was engaged in a transaction that occurred on Feb 22 that managed to be worth $230,571 from the sale of 13,974 common shares at a price of $16.50 per individual share.
Hewlett Packard Enterprise Company (NYSE:HPE) Results in the Pipeline
The next scheduled release of financial results for Hewlett Packard Enterprise Company will be for the Jan-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.35. In the same vein, they expect sales for the quarter to amount to $7,598.13 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $7,553.00 million in revenue alongside EPS at $0.42. On average, the analyst projection was calling for $7,946.00 million with $0.45 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $7,764.00 million, with earnings per share ending up at $0.44.
KeyCorp (NYSE:KEY) experienced a gain of 0.65% from the closing price in the previous trading day. That boost the price to $17.07 per share, as observed on March 12th, 2019, at a time when the total trading volume reached 10,916,509 shares of stock – compared to the typical average of 12.38M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $19.34.
Pricing Indications for KeyCorp (KEY)
This organization has had a price-to-earnings ratio of 10.03 in the last year. In the most recent trading session, the daily high was $17.2, bringing the per-share value 0.65% high its 52-week high and about -23.79% more expensive than its 52-week low. Meanwhile, it gained 16.69 from its observable 50-day simple moving average. Right at this moment, the per-share value is -8.94% lower than the mean per-share price over the last 200 days in the market.
KeyCorp (NYSE:KEY) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 8 have a Buy rating, 7 have an outperform rating, while 7 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.20, based on information from Thomson Reuters.
KEY Stock Value Potential
In trading activity as of late, this stock’s value was 18.73 up from its 200 day moving average, while also 2.56% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $16.00-$23.00. The market value for the entire organization reached 17.15B. After the trading day started off at the price of $17.07, these shares nearly bottomed out at its low price of $17 and nearly peaked at $17.2 as its full-day high price. In the last trading session, the price ended the day at $16.96. The institutional holdings related to this organization account for 0.40%, and the Beta factor is now 1.21. This company’s RSI (Relative Strength Index) managed to hit 51.29.
KeyCorp (NYSE:KEY) Analyst Points of Focus
KeyCorp (KEY) has found itself inside of Wedbush ’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Outperform by Wedbush , as garnered from a news report on Monday February 4th, 2019. An additional helpful research note was sent out by Sandler O’Neill’s on Friday January 11th, 2019. The brokerage decided to upgrade KEY to Buy from its previous rating of Hold.