Can Hewlett Packard Enterprise Company (HPE) Add Value To Your Portfolio?

As of Thursday close, Hewlett Packard Enterprise Company’s (NYSE:HPE) stock was up $0.04, moving up 0.26 percent to $15.62. The average number of shares traded per day over the past five days has been 14,305,300 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.33 fall in that time frame. In the last twenty days, the average volume was 10,526,235, while in the previous 50 days, it was 10,656,244.

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Since last month, HPE stock rose 1.36%. Shares of the company fell to $14.99 on 05/02/22, the lowest level in the past month. A 52-week high of $17.76 was reached on 02/10/22 after having rallying from a 52-week low of $12.99. Since the beginning of this year, HPE’s stock price has dropped by -0.95% or -$0.15, and marked a new high 7 times. However, the stock has declined by -12.05% since its 52-week high.

Hewlett Packard Enterprise Company (HPE) last reported insider trading activity 72 days ago on Mar 02. Hotard Justin, the EVP, GM, HPC and AI of the company, disposed of 6,359 shares for $16.99 on Mar 02. It resulted in a $108,039 divestment by the insider. ROBBIATI TAREK sold 102,133 shares at an average price of $17.50 on Jan 13. The insider now owns 182,559 shares following the transaction. On Jan 05, SVP, GM of Compute MacDonald Neil B sold 36,910 shares at $17.00 apiece. The transaction was valued at $627,470.

Valuation Metrics

Right now, Hewlett Packard Enterprise Company (HPE) has a P/E ratio of about 5.61. The stock’s beta is 1.16. Besides these, the trailing price-to-sales (P/S) ratio of 0.74, the price-to-book (PB) ratio of 1.00, and the price-to-cash flow ratio of 12.95 may also be considered.

The latest dividend of $0.12 per share was paid out, remained unchanged from last year’s $0.12. On Wednesday October 23 2019, a $0.0080 dividend increase was announced.

Financial Health

In the three months ended October 30, Hewlett Packard Enterprise Company’s quick ratio stood at 0.70, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending October 30 was 0.51, and the total debt-to-equity ratio was 0.69. On the profitability front, the trailing twelve-month gross margin is 33.80% percent. In the year ended October 30, operating margins totaled 13.20%. Based on annual data, HPE earned $9.38 billion in gross profit and brought in $27.78 billion in revenue.

In Hewlett Packard Enterprise Company’s quarter-end financial report for October 30, it reported total debt of $10.28 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. HPE’s revenue rose 1.84% to $7.35 billion during the quarter, while net income inched up to $6.96 billion. While analysts expected Hewlett Packard Enterprise Company to report $0.48 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by 8.30%. During the quarter, the company generated $1.07 billion in EBITDA. The liabilities of Hewlett Packard Enterprise Company were 37.51 billion at the end of its most recent quarter ended October 30, and its total debt was $14.58 billion. The value of shareholders’ equity is $1.3 billion.

Technical Picture

This quick technical analysis looks at Hewlett Packard Enterprise Company’s (HPE) price momentum. With a historical volatility rate of 33.88%, the RSI 9-day stood at 46.17% on 12 May.

With respect to its five-day moving average, the current Hewlett Packard Enterprise Company price is down by -2.07% percent or -$0.33. At present, HPE shares trade +0.90% above its 20-day simple moving average and +3.58% percent above its 100-day simple moving average. However, the stock is currently trading approximately -8.06% below its SMA50 and +8.02% above its SMA200.

Stochastic coefficient K was 51.48% and Stochastic coefficient D was 52.54%, while ATR was 0.51. Given the Stochastic reading of 43.45% for the 14-day period, the RSI (14) reading has been calculated as 46.31%. As of today, the MACD Oscillator reading stands at 0.04, while the 14-day reading stands at 0.15.

With a median target price of $19.00, the current consensus forecast for the stock is $14.00 – $21.00. Based on these forecasts, analysts predict Hewlett Packard Enterprise Company (HPE) will achieve an average price target of $18.01.


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