Hewlett Packard Enterprise Company [HPE] is 20.68% higher this YTD. Is it still time to buy?

Hewlett Packard Enterprise Company [NYSE: HPE] loss -0.56% on the last trading session, reaching $14.30 price per share at the time. The company report on February 11, 2021 that Hewlett Packard Enterprise Accelerates Space Exploration with First Ever In-Space Commercial Edge Computing and Artificial Intelligence Capabilities.

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Astronauts and researchers can process data at the edge and speed time-to-insight from months to minutes with launch of HPE’s Spaceborne Computer-2, an edge computing system for the International Space Station.

Hewlett Packard Enterprise (HPE) announced it is accelerating space exploration and increasing self-sufficiency for astronauts by enabling real-time data processing with advanced commercial edge computing in space for the first time. Astronauts and space explorers aboard the International Space Station (ISS) will speed time-to-insight from months to minutes on various experiments in space, from processing medical imaging and DNA sequencing to unlocking key insights from volumes of remote sensors and satellites, using HPE’s Spaceborne Computer-2 (SBC-2), an edge computing system.

Hewlett Packard Enterprise Company represents 1.29 billion in outstanding shares, while the company has a total market value of $18.25 billion with the latest information. HPE stock price has been found in the range of $14.19 to $14.58.

If compared to the average trading volume of 9.84M shares, HPE reached a trading volume of 14332615 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Hewlett Packard Enterprise Company [HPE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HPE shares is $12.98 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HPE stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Hewlett Packard Enterprise Company shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 15, 2021. The new note on the price target was released on November 16, 2020, representing the official price target for Hewlett Packard Enterprise Company stock.

The Average True Range (ATR) for Hewlett Packard Enterprise Company is set at 0.39, with the Price to Sales ratio for HPE stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 1.15, with the Price to Cash per share for the same quarter was set at 3.32.

Trading performance analysis for HPE stock

Hewlett Packard Enterprise Company [HPE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.93. With this latest performance, HPE shares gained by 14.58% in over the last four-week period, additionally plugging by 47.88% over the last 6 months – not to mention a drop of -0.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HPE stock in for the last two-week period is set at 75.75, with the RSI for the last a single of trading hit 80.18, and the three-weeks RSI is set at 72.41 for Hewlett Packard Enterprise Company [HPE]. The present Moving Average for the last 50 days of trading for this stock 12.36, while it was recorded at 14.09 for the last single week of trading, and 10.39 for the last 200 days.

Hewlett Packard Enterprise Company [HPE]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Hewlett Packard Enterprise Company [HPE] shares currently have an operating margin of +5.77 and a Gross Margin at +29.88. Hewlett Packard Enterprise Company’s Net Margin is presently recorded at -1.20.

Return on Total Capital for HPE is now 4.85, given the latest momentum, and Return on Invested Capital for the company is -1.16. Return on Equity for this stock declined to -1.94, with Return on Assets sitting at -0.61. When it comes to the capital structure of this company, Hewlett Packard Enterprise Company [HPE] has a Total Debt to Total Equity ratio set at 106.09. Additionally, HPE Total Debt to Total Capital is recorded at 51.48, with Total Debt to Total Assets ending up at 31.52. Long-Term Debt to Equity for the company is recorded at 81.53, with the Long-Term Debt to Total Capital now at 39.56.

Reflecting on the efficiency of the workforce at the company, Hewlett Packard Enterprise Company [HPE] managed to generate an average of -$5,421 per employee. Receivables Turnover for the company is 3.46 with a Total Asset Turnover recorded at a value of 0.51.Hewlett Packard Enterprise Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.90.

Hewlett Packard Enterprise Company [HPE]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Hewlett Packard Enterprise Company posted 0.44/share EPS, while the average EPS was predicted by analysts to be reported at 0.44/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HPE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hewlett Packard Enterprise Company go to 3.12%.

An analysis of insider ownership at Hewlett Packard Enterprise Company [HPE]

There are presently around $14,967 million, or 84.50% of HPE stock, in the hands of institutional investors. The top three institutional holders of HPE stocks are: DODGE & COX with ownership of 158,656,219, which is approximately 1.015% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 143,444,506 shares of the stock with an approximate value of $2.05 billion in HPE stocks shares; and BLACKROCK INC., currently with $1.69 billion in HPE stock with ownership of nearly 9.785% of the company’s market capitalization.

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Positions in Hewlett Packard Enterprise Company stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 327 institutional holders increased their position in Hewlett Packard Enterprise Company [NYSE:HPE] by around 56,078,289 shares. Additionally, 349 investors decreased positions by around 61,059,446 shares, while 133 investors held positions by with 929,477,543 shares. The mentioned changes placed institutional holdings at 1,046,615,278 shares, according to the latest SEC report filing. HPE stock had 107 new institutional investments in for a total of 7,399,069 shares, while 68 institutional investors sold positions of 8,834,431 shares during the same period.

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