As of Wednesday close, Hewlett Packard Enterprise Company’s (NYSE:HPE) stock was up $0.17, moving up 1.09 percent to $15.80. The average number of shares traded per day over the past five days has been 14,261,300 shares. 3 times new highs have been achieved over the past 5 days, with a $0.57 gain in that time frame. In the last twenty days, the average volume was 13,496,395, while in the previous 50 days, it was 13,973,202.
Since last month, HPE stock rose 14.08%. Shares of the company fell to $13.41 on 10/24/22, 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 $11.90. Since the beginning of this year, HPE’s stock price has risen by 0.19% or $0.03, and marked a new high 7 times. However, the stock has declined by -11.04% since its 52-week high.
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HPE stock investors should be aware that Hewlett Packard Enterprise Company (HPE) stock had its last reported insider trading activity 28 days ago on Oct 28. ROBBIATI TAREK, the EVP & CFO of the company, disposed of 80,421 shares for $14.28 on Oct 28. It resulted in a $1,148,621 divestment by the insider. MacDonald Neil B sold 2,452 shares at an average price of $13.60 on Oct 25. The insider now owns 9,360 shares following the transaction. On Sep 09, Pres & CEO Financial Services Rothman Irv sold 70,115 shares at $13.33 apiece. The transaction was valued at $934,815.
Right now, Hewlett Packard Enterprise Company (HPE) has a P/E ratio of about 5.65. The stock’s beta is 1.23. Besides these, the trailing price-to-sales (P/S) ratio of 0.72, the price-to-book (PB) ratio of 1.00, and the price-to-cash flow ratio of 20.09 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.
In the three months ended July 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 July 30 was 0.44, and the total debt-to-equity ratio was 0.67. On the profitability front, the trailing twelve-month gross margin is 33.40% percent. In the year ended July 30, operating margins totaled 13.50%. 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 July 30, it reported total debt of $9.14 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HPE’s revenue rose 0.78% to $6.71 billion during the quarter, while net income inched up to $6.95 billion. While analysts expected Hewlett Packard Enterprise Company to report $0.48 quarterly earnings, the actual figure was $0.48 per share. During the quarter, the company generated $1.09 billion in EBITDA. The liabilities of Hewlett Packard Enterprise Company were 37.01 billion at the end of its most recent quarter ended July 30, and its total debt was $13.95 billion. The value of shareholders’ equity is $1.29 billion.
This quick technical analysis looks at Hewlett Packard Enterprise Company’s (HPE) price momentum. With a historical volatility rate of 21.87%, the RSI 9-day stood at 71.78% on 23 November.
With respect to its five-day moving average, the current Hewlett Packard Enterprise Company price is up by +3.74% percent or $0.57. At present, HPE shares trade +13.02% above its 20-day simple moving average and +23.15% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.26% above its SMA50 and -7.60% below its SMA200.
Stochastic coefficient K was 93.02% and Stochastic coefficient D was 93.50%, while ATR was 0.38. Given the Stochastic reading of 97.90% for the 14-day period, the RSI (14) reading has been calculated as 70.09%. As of today, the MACD Oscillator reading stands at 0.14, while the 14-day reading stands at 0.53.
Credit Suisse launched its rating on Hewlett Packard Enterprise Company (NYSE: HPE) to an Outperform in a note to investors on August 17, 2022. Hewlett Packard Enterprise Company (HPE) has been rated Overweight by analysts. According to 2 brokerage firms, HPE is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Hewlett Packard Enterprise Company stock as buy, with 6 recommending it as overweight.
With a median target price of $16.00, the current consensus forecast for the stock is $11.50 – $20.00. Based on these forecasts, analysts predict Hewlett Packard Enterprise Company (HPE) will achieve an average price target of $16.00.