A share price of Hewlett Packard Enterprise Co [HPE] is currently trading at $21.44, up 0.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HPE shares have gain 10.01% over the last week, with a monthly amount glided 2.83%, 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 October 09, 2024, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $22. Previously, Barclays upgraded its rating to Overweight on September 25, 2024, and elevated its price target to $24. BofA Securities upgraded its rating to a Buy and increased its price target to $24 on September 17, 2024. Argus upgraded its rating to a Buy. Wells Fargo downgraded its rating to Equal Weight for this stock on March 01, 2024, and downed its price target to $17. In a note dated January 16, 2024, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $20 to $17.
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 $20.24 within the next 12 months. Hewlett Packard Enterprise Co [NYSE: HPE] shares were valued at $21.44 at the most recent close of the market. An investor can expect a potential drop of -5.6% 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 21.18 points at the first support level, and at 20.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.68, and for the 2nd resistance point, it is at 21.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hewlett Packard Enterprise Co [NYSE:HPE] is 0.94. Also, the Quick Ratio is 0.61, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 15.28.
Transactions by insiders
Recent insider trading involved Neri Antonio F, President and CEO, that happened on Oct 14 ’24 when 0.25 million shares were sold. SVP, Controller & CTO, Cox Jeremy completed a deal on Oct 08 ’24 to sell 7770.0 shares. Meanwhile, Officer Cox Jeremy bought 7770.0 shares on Oct 08 ’24.
