Hewlett Packard Enterprise Company [NYSE: HPE] slipped around -0.07 points on Monday, while shares priced at $16.41 at the close of the session, down -0.42%. The company report on May 4, 2021 that Hewlett Packard Enterprise Expands HPE GreenLake with Breakthrough Storage as-a-Service Business Transformation.
Unveils new data services platform to address the explosion of data edge-to-cloud, and accelerate data-driven digital transformation for customers.
Hewlett Packard Enterprise Company stock is now 38.48% up from its year-to-date (YTD) trading value. HPE Stock saw the intraday high of $16.74 and lowest of $16.38 per share. The company’s 52-week high price is 16.60, which means current price is +42.32% above from all time high which was touched on 05/10/21.
Compared to the average trading volume of 12.03M shares, HPE reached a trading volume of 8060156 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $15.78 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 2.60. 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.
Jefferies have made an estimate for Hewlett Packard Enterprise Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 20, 2021. While these analysts kept the previous recommendation, Daiwa Securities raised their target price from $12 to $17. The new note on the price target was released on March 10, 2021, representing the official price target for Hewlett Packard Enterprise Company stock. Previously, the target price had yet another raise from $13 to $16, while JP Morgan kept a Overweight rating on HPE stock.
The Average True Range (ATR) for Hewlett Packard Enterprise Company is set at 0.33, with the Price to Sales ratio for HPE stock in the period of the last 12 months amounting to 0.79. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 3.22. Price to Free Cash Flow for HPE in the course of the last twelve months was 62.94 with Quick ratio for the last quarter at 0.70.
How has HPE stock performed recently?
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 2.43. With this latest performance, HPE shares gained by 3.93% in over the last four-week period, additionally plugging by 76.83% over the last 6 months – not to mention a rise of 60.10% 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 60.55, with the RSI for the last a single of trading hit 61.72, and the three-weeks RSI is set at 60.43 for Hewlett Packard Enterprise Company [HPE]. The present Moving Average for the last 50 days of trading for this stock 15.65, while it was recorded at 16.22 for the last single week of trading, and 12.04 for the last 200 days.
Hewlett Packard Enterprise Company [HPE]: Deeper insight into the fundamentals
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.
Earnings analysis for Hewlett Packard Enterprise Company [HPE]
With the latest financial reports released by the company, Hewlett Packard Enterprise Company posted 0.22/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -24.10%. 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 12.51%.
Insider trade positions for Hewlett Packard Enterprise Company [HPE]
There are presently around $17,533 million, or 83.20% 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 $2.36 billion in HPE stocks shares; and BLACKROCK INC., currently with $2.15 billion in HPE stock with ownership of nearly 10.283% of the company’s market capitalization.
Positions in Hewlett Packard Enterprise Company stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 334 institutional holders increased their position in Hewlett Packard Enterprise Company [NYSE:HPE] by around 58,938,389 shares. Additionally, 333 investors decreased positions by around 62,328,186 shares, while 147 investors held positions by with 942,645,131 shares. The mentioned changes placed institutional holdings at 1,063,911,706 shares, according to the latest SEC report filing. HPE stock had 90 new institutional investments in for a total of 5,682,586 shares, while 74 institutional investors sold positions of 8,875,022 shares during the same period.