Hewlett Packard Enterprise Co (NYSE: HPE) is -11.76% lower on its value in year-to-date trading and has touched a low of $15.76 and a high of $24.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HPE stock was last observed hovering at around $19.03 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $18.84, the stock is -9.63% and -13.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.36 million and changing -1.00% at the moment leaves the stock -7.45% off its SMA200. HPE registered 23.70% gain for a year compared to 6-month gain of 0.86%.
The stock witnessed a -11.09% loss in the last 1 month and extending the period to 3 months gives it a -9.42%, and is -7.15% 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 4.37% over the week and 2.91% over the month.
Hewlett Packard Enterprise Co (HPE) has around 61000 employees, a market worth around $24.74B and $30.07B in sales. Current P/E ratio is 9.96 and Fwd P/E is 8.25. Profit margin for the company is 8.49%. Distance from 52-week low is 19.54% and -23.60% from its 52-week high. The company has generated returns on investments over the last 12 months (6.44%).
with sales reaching $7.81B over the same period.The EPS is expected to grow by 6.93% this year, but quarterly earnings will post 7.99% year-over-year. Quarterly sales are estimated to grow 15.66% in year-over-year returns.
Hewlett Packard Enterprise Co (HPE) Top Institutional Holders
The shares outstanding are 1.31B, and float is at 1.31B with Short Float at 2.86%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 163.62 million shares valued at $3.46 billion. The investor’s holdings represent 12.4809% of the HPE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 125.55 million shares valued at $$2.66 billion to account for 9.5764 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.82 million shares representing 5.2493% and valued at over $1.47 billion, while BANK OF AMERICA CORP /DE/ holds 3.7671 of the shares totaling 49.39 million with a market value of $1.05 billion.
Hewlett Packard Enterprise Co (HPE) Insider Activity
A total of 0 insider transactions have happened at Hewlett Packard Enterprise Co (HPE) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Cox Jeremy,the company’sSVP, Controller & CTO. SEC filings show that Cox Jeremy sold 11,577 shares of the company’s common stock on Jan 06 ’25 at a price of $23.00 per share for a total of $0.27 million. Following the sale, the insider now owns 48615.0 shares.
Still, SEC filings show that on Dec 12 ’24, RUSSO FIDELMA (EVP, GM, Hybrid Cloud & CTO) disposed off 51,762 shares at an average price of $21.86 for $1.13 million. The insider now directly holds 0 shares of Hewlett Packard Enterprise Co (HPE).
Hewlett Packard Enterprise Co (HPE): Who are the competitors?
The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 39.50% up over the past 12 months. Microsoft Corp. (MSFT) that is -3.35% lower over the same period.
