A share price of Hewlett Packard Enterprise Co [HPE] is currently trading at $21.74, down -0.50%. An important factor to consider is whether the stock is rising or falling in short-term value. The HPE shares have gain 3.08% over the last week, with a monthly amount drifted -8.27%, and not 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 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.
Hewlett Packard Enterprise Co experienced fluctuations in its stock price throughout the past year between $14.47 and $24.66. 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 $21.74 at the most recent close of the market. An investor can expect a potential return of 10.4% based on the average HPE price forecast.
Analyzing the HPE fundamentals
Trailing Twelve Months sales for Hewlett Packard Enterprise Co [NYSE:HPE] were 30.07B which represents 15.65% growth. 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 21.53 points at the first support level, and at 21.32 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 22.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hewlett Packard Enterprise Co [NYSE:HPE] is 1.28. On the other hand, the Quick Ratio is 0.98, and the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 11.50.
Transactions by insiders
Recent insider trading involved Cox Jeremy, SVP, Controller & CTO, that happened on Jan 06 ’25 when 11577.0 shares were sold. Officer, Cox Jeremy completed a deal on Jan 06 ’25 to buy 11577.0 shares. Meanwhile, EVP, GM, Hybrid Cloud & CTO RUSSO FIDELMA sold 51762.0 shares on Dec 12 ’24.
