A share price of Hewlett Packard Enterprise Co [HPE] is currently trading at $18.81, down -0.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HPE shares have gain 9.68% over the last week, with a monthly amount drifted -0.37%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hewlett Packard Enterprise Co [NYSE: HPE] stock has seen the most recent analyst activity on September 17, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $24 from $21. Previously, Argus upgraded its rating to Buy on June 07, 2024. On March 01, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $17 on the stock. Bernstein downgraded its rating to a Mkt Perform and decreased its price target to $17 on January 16, 2024. Morgan Stanley upgraded its rating to a Equal-Weight but $16 remained the price target by the analyst firm on November 30, 2023. Citigroup started tracking with a Neutral rating for this stock on June 30, 2023, and assigned it a price target of $18. In a note dated March 20, 2023, Goldman initiated an Neutral rating and provided a target price of $15 on this stock.
Hewlett Packard Enterprise Co experienced fluctuations in its stock price throughout the past year between $14.47 and $22.82. Currently, Wall Street analysts expect the stock to reach $19.35 within the next 12 months. Hewlett Packard Enterprise Co [NYSE: HPE] shares were valued at $18.81 at the most recent close of the market. An investor can expect a potential return of 2.87% based on the average HPE price forecast.
Analyzing the HPE fundamentals
Trailing Twelve Months sales for Hewlett Packard Enterprise Co [NYSE:HPE] were 28.92B which represents 9.33% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.58 points at the first support level, and at 18.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.97, and for the 2nd resistance point, it is at 19.12.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hewlett Packard Enterprise Co [NYSE:HPE] is 0.94. In addition, the Quick Ratio stands at 0.61 and the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 1.11 and price to earnings (TTM) ratio is 13.40.
Transactions by insiders
Recent insider trading involved Neri Antonio F, President and CEO, that happened on Sep 18 ’24 when 0.17 million shares were sold. Director, Antonio F. Neri completed a deal on Sep 18 ’24 to buy 0.5 million shares. Meanwhile, EVP, GM of Compute HPC AI MacDonald Neil B sold 29000.0 shares on Sep 13 ’24.
