Hewlett Packard Enterprise Co [HPE] stock is trading at $20.86, up 1.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HPE shares have gain 1.96% over the last week, with a monthly amount glided 19.00%, 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.
Hewlett Packard Enterprise Co [HPE] stock has fluctuated 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 $20.86 at the most recent close of the market. An investor can expect a potential drop of -4.99% based on the average HPE price forecast.
Analyzing the HPE fundamentals
Hewlett Packard Enterprise Co [NYSE:HPE] reported sales of 28.92B for the trailing twelve months, which represents a growth 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. 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 20.60 points at the first support level, and at 20.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.02, and for the 2nd resistance point, it is at 21.19.
Ratios To Look Out For
For context, Hewlett Packard Enterprise Co’s Current Ratio is 0.94. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 14.86.
Transactions by insiders
Recent insider trading involved RUSSO FIDELMA, Officer, that happened on Oct 02 ’24 when 55908.0 shares were purchased. EVP, GM, Hybrid Cloud & CTO, RUSSO FIDELMA completed a deal on Oct 02 ’24 to sell 55908.0 shares. Meanwhile, President and CEO Neri Antonio F sold 83334.0 shares on Sep 25 ’24.
