Hewlett Packard Enterprise Co (NYSE: HPE) is 0.94% higher on its value in year-to-date trading and has touched a low of $13.65 and a high of $20.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HPE stock was last observed hovering at around $17.26 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $17.14, the stock is -2.73% and 2.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.21 million and changing -0.70% at the moment leaves the stock 2.92% off its SMA200. HPE registered 7.73% gain for a year compared to 6-month gain of 4.00%.
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The stock witnessed a 2.45% loss in the last 1 month and extending the period to 3 months gives it a 11.95%, and is -4.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 2.46% over the month.
Hewlett Packard Enterprise Co (HPE) has around 62000 employees, a market worth around $22.28B and $28.08B in sales. Current P/E ratio is 11.80 and Fwd P/E is 8.35. Profit margin for the company is 6.81%. Distance from 52-week low is 25.52% and -14.60% from its 52-week high. The company has generated returns on investments over the last 12 months (6.53%).
The EPS is expected to shrink by -12.67% this year.
Hewlett Packard Enterprise Co (HPE) Top Institutional Holders
The shares outstanding are 1.30B, and float is at 1.29B with Short Float at 2.15%.
Hewlett Packard Enterprise Co (HPE) Insider Activity
The most recent transaction is an insider sale by Major Kristin K,the company’sEVP, Chief People Officer. SEC filings show that Major Kristin K sold 24,722 shares of the company’s common stock on Mar 06 ’24 at a price of $19.01 per share for a total of $0.47 million. Following the sale, the insider now owns 0.0 shares.
Hewlett Packard Enterprise Co disclosed in a document filed with the SEC on Mar 05 ’24 that Gold Gerri (EVP, Pres & CEO Financial Serv) sold a total of 13,399 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $18.01 per share for $0.24 million. Following the transaction, the insider now directly holds 79865.0 shares of the HPE stock.
Still, SEC filings show that on Mar 04 ’24, REINER GARY M (Director) disposed off 70,000 shares at an average price of $17.22 for $1.21 million. The insider now directly holds 181,686 shares of Hewlett Packard Enterprise Co (HPE).
