Time to Buy Hewlett Packard Enterprise Co After Today’s Option Traders Bet?

 Time to Buy Hewlett Packard Enterprise Co After Today's Option Traders Bet?

In today’s session Hewlett Packard Enterprise Co (HPE) registered an unusually high (260) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious HPE increase. With 260 contracts traded and 160874 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: HPE170120C00020000 closed last at: $3 or 6.3% down. About 2.12M shares traded hands. Hewlett Packard Enterprise Co (NYSE:HPE) has risen 67.65% since March 3, 2016 and is uptrending. It has outperformed by 59.30% the S&P500.

Hewlett Packard Enterprise Co (NYSE:HPE) Ratings Coverage

Out of 21 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 7 rate it a “Buy”, 2 “Sell”, while 12 “Hold”. This means 33% are positive. Hewlett Packard Enterprise has been the topic of 24 analyst reports since November 3, 2015 according to StockzIntelligence Inc. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned “Buy” rating by Deutsche Bank on Friday, November 6. The stock has “Hold” rating given by Brean Capital on Friday, November 6. The firm has “Outperform” rating given on Wednesday, November 25 by FBN Securities. Morgan Stanley initiated the stock with “Equal-Weight” rating in Wednesday, November 11 report. The firm earned “Mkt Perform” rating on Wednesday, November 18 by Raymond James. Mizuho initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Tuesday, November 3 with “Neutral” rating. The firm has “Buy” rating by Deutsche Bank given on Thursday, June 9. The firm earned “Neutral” rating on Thursday, November 5 by Sterne Agee CRT. Mizuho maintained the shares of HPE in a report on Wednesday, May 25 with “Neutral” rating. The company was initiated on Monday, February 22 by Macquarie Research.

According to Zacks Investment Research, “Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the company’s largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.”

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The company has a market cap of $38.74 billion. The Firm operates through five divisions: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. It has a 9.24 P/E ratio. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology .

HPE Company Profile

Hewlett Packard Enterprise Company, incorporated on February 25, 2015, is a well-known provider of technology solutions. The Firm operates through five divisions: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its clients to automate IT activities to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others. The Company’s clients range from small and medium-sized businesses (SMBs) to large global enterprises.

More notable recent Hewlett Packard Enterprise Co (NYSE:HPE) news were published by: Fool.com which released: “Hewlett Packard Enterprise Co.’s Deal With Samsung Is a Win-Win” on October 04, 2016, also Wsj.com with their article: “Hewlett Packard Enterprise Earnings: What to Watch” published on September 07, 2016, Fool.com published: “Hewlett Packard Enterprise Co Stock Hits New High, And Its Still A Bargain” on September 24, 2016. More interesting news about Hewlett Packard Enterprise Co (NYSE:HPE) were released by: Fool.com and their article: “Hewlett Packard Enterprise Co. Stock: One of the Cheapest in Tech” published on September 16, 2016 as well as Fool.com‘s news article titled: “Hewlett Packard Enterprise Co.: What You Need to Know” with publication date: September 09, 2016.

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