Hewlett Packard Enterprise Co [HPE] stock prices are down -1.03% to $20.14 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HPE shares have gain 7.07% over the last week, with a monthly amount glided 6.00%, and 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 25, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $24 from $20. On September 17, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $24 on the stock. Argus upgraded its rating to a Buy. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $17 on March 01, 2024. Bernstein downgraded its rating to Mkt Perform for this stock on January 16, 2024, and downed its price target to $17. In a note dated November 30, 2023, Morgan Stanley upgraded an Equal-Weight rating on this stock but restated the target price of $16.
The stock price of Hewlett Packard Enterprise Co [HPE] has been fluctuating between $14.47 and $22.82 over the past year. Currently, Wall Street analysts expect the stock to reach $19.82 within the next 12 months. Hewlett Packard Enterprise Co [NYSE: HPE] shares were valued at $20.14 at the most recent close of the market. An investor can expect a potential drop of -1.59% based on the average HPE price forecast.
Analyzing the HPE fundamentals
The Hewlett Packard Enterprise Co [NYSE:HPE] reported sales of 28.92B for trailing twelve months, representing a surge of 9.33%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
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 20.02 points at the first support level, and at 19.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.37, and for the 2nd resistance point, it is at 20.60.
Ratios To Look Out For
It’s worth pointing out that Hewlett Packard Enterprise Co [NYSE:HPE]’s Current Ratio is 0.94. Further, the Quick Ratio stands at 0.61, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 1.18 and price to earnings (TTM) ratio is 14.35.
Transactions by insiders
Recent insider trading involved Neri Antonio F, President and CEO, that happened on Sep 25 ’24 when 83334.0 shares were sold. President and CEO, Neri Antonio F completed a deal on Sep 18 ’24 to sell 0.17 million shares. Meanwhile, Director Antonio F. Neri bought 0.5 million shares on Sep 18 ’24.
