At the time of writing, Hewlett Packard Enterprise Co [HPE] stock is trading at $23.11, down -3.51%. 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 8.75% over the last week, with a monthly amount glided 7.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hewlett Packard Enterprise Co [NYSE: HPE] stock has seen the most recent analyst activity on December 06, 2024, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $26 for it. Previously, Morgan Stanley upgraded its rating to Overweight on December 05, 2024, and elevated its price target to $28. On November 18, 2024, upgrade upgraded it’s rating to Strong Buy and revised its price target to $29 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $22 on October 09, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $24 on September 25, 2024. In a note dated September 17, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $21 to $24.
For the past year, the stock price of Hewlett Packard Enterprise Co fluctuated between $14.47 and $24.24. Currently, Wall Street analysts expect the stock to reach $23.57 within the next 12 months. Hewlett Packard Enterprise Co [NYSE: HPE] shares were valued at $23.11 at the most recent close of the market. An investor can expect a potential return of 1.99% based on the average HPE price forecast.
Analyzing the HPE fundamentals
According to Hewlett Packard Enterprise Co [NYSE:HPE], the company’s sales were 30.04B for trailing twelve months, which represents an 15.33% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.74.
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 22.81 points at the first support level, and at 22.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.67, and for the 2nd resistance point, it is at 24.22.
Ratios To Look Out For
It is important to note that Hewlett Packard Enterprise Co [NYSE:HPE] has a current ratio of 1.29. As well, the Quick Ratio is 0.99, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 12.13.
Transactions by insiders
Recent insider trading involved Gary M. Reiner, Director, that happened on Dec 09 ’24 when 50000.0 shares were purchased. Officer, Cox Jeremy completed a deal on Dec 06 ’24 to buy 7771.0 shares. Meanwhile, President and CEO Neri Antonio F sold 0.25 million shares on Oct 14 ’24.
