At the time of writing, Hewlett Packard Enterprise Co [HPE] stock is trading at $21.89, up 0.32%. 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 2.09% over the last week, with a monthly amount drifted -0.50%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hewlett Packard Enterprise Co [NYSE: HPE] stock has seen the most recent analyst activity on December 19, 2024, when Deutsche Bank upgraded its rating to a Buy but kept the price target unchanged to $25 for it. Previously, Citigroup upgraded its rating to Buy on December 06, 2024, and kept the price target unchanged to $26. On December 05, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $28 on the stock. Raymond James upgraded its rating to a Strong Buy and increased its price target to $29 on November 18, 2024. Deutsche Bank initiated its recommendation with a Hold and recommended $22 as its price target on October 09, 2024. Barclays upgraded its rating to Overweight for this stock on September 25, 2024, and upped its price target 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 $24 within the next 12 months. Hewlett Packard Enterprise Co [NYSE: HPE] shares were valued at $21.89 at the most recent close of the market. An investor can expect a potential return of 9.64% based on the average HPE price forecast.
Analyzing the HPE fundamentals
According to Hewlett Packard Enterprise Co [NYSE:HPE], the company’s sales were 30.07B for trailing twelve months, which represents an 15.65% jump. Gross Profit Margin for this corporation currently stands at 0.32% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
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 21.79 points at the first support level, and at 21.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.96, and for the 2nd resistance point, it is at 22.02.
Ratios To Look Out For
It is important to note that Hewlett Packard Enterprise Co [NYSE:HPE] has a current ratio of 1.28. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 11.58.
Transactions by insiders
Recent insider trading involved RUSSO FIDELMA, EVP, GM, Hybrid Cloud & CTO, that happened on Dec 12 ’24 when 51762.0 shares were sold. EVP, Chief People Officer, Major Kristin K completed a deal on Dec 12 ’24 to sell 7116.0 shares. Meanwhile, EVP, GM of Compute HPC AI MacDonald Neil B sold 17852.0 shares on Dec 12 ’24.
