HP Enterprise 1Q Sees Revenue Growth, Decline in Margins; Shares Fairly Valued
HP Enterprise’s first-quarter results beat consensus top and bottom-line expectations.  During Meg Whitman’s final quarter as CEO, revenue improved across all three segments with the largest segment, Hybrid IT up 9% on a constant currency basis. This strengthens our belief in HPE’s pivot roadmap despite current and looming product commoditization. We are raising our fair value estimate to $18 from $16 for this no-moat company due to a slightly better revenue outlook and moderate tax rate adjustm...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.