Hewlett Packard Enterprise Co (NYSE: HPE) is -16.07% lower on its value in year-to-date trading and has touched a low of $11.97 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 $17.74 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $17.92, the stock is 10.55% and 13.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.35 million and changing 1.01% at the moment leaves the stock -7.13% off its SMA200. HPE registered 5.04% gain for a year compared to 6-month loss of -16.42%.
The stock witnessed a 26.73% gain in the last 1 month and extending the period to 3 months gives it a -15.39%, and is 8.67% up 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 2.40% over the week and 3.21% over the month.
Hewlett Packard Enterprise Co (HPE) has around 61000 employees, a market worth around $23.54B and $31.15B in sales. Current P/E ratio is 8.87 and Fwd P/E is 8.70. Profit margin for the company is 8.88%. Distance from 52-week low is 49.77% and -27.33% from its 52-week high. The company has generated returns on investments over the last 12 months (7.18%).
The EPS is expected to shrink by -10.02% this year.
Hewlett Packard Enterprise Co (HPE) Top Institutional Holders
The shares outstanding are 1.31B, and float is at 1.31B with Short Float at 5.84%.
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 12.4714% 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 9.5691 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.82 million shares representing 5.2453% and valued at over $1.47 billion, while BANK OF AMERICA CORP /DE/ holds 3.7642 of the shares totaling 49.39 million with a market value of $1.05 billion.
Hewlett Packard Enterprise Co (HPE) Insider Activity
The most recent transaction is an insider sale by MacDonald Neil B, the company’s EVP, GM, Server. SEC filings show that MacDonald Neil B sold 29,000 shares of the company’s common stock on May 08 ’25 at a price of $17.01 per share for a total of $0.49 million. Following the sale, the insider now owns 28197.0 shares.
Still, SEC filings show that on Apr 04 ’25, Mayer Bethany (Director) disposed off 6,409 shares at an average price of $13.19 for $84535.0. The insider now directly holds 0 shares of Hewlett Packard Enterprise Co (HPE).
