Hewlett Packard Enterprise Co [HPE] gain 0.25% so far this year. What now?

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Hewlett Packard Enterprise Co [NYSE: HPE] price surged by 0.25 percent to reach at $0.04. The company report on November 13, 2023 at 9:00 AM that Hewlett Packard Enterprise Accelerates AI Training with New Turnkey Solution Powered by NVIDIA.

New solution for research centers and large enterprises to accelerate generative AI, integrates industry-leading AI/ML software, hardware, networking, and services.

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A sum of 11115179 shares traded at recent session while its average daily volume was at 9.87M shares. Hewlett Packard Enterprise Co shares reached a high of $16.03 and dropped to a low of $15.755 until finishing in the latest session at $16.00.

The one-year HPE stock forecast points to a potential upside of 11.36. The average equity rating for HPE stock is currently 2.76, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Hewlett Packard Enterprise Co [HPE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HPE shares is $18.05 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 2.76. 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.

Citigroup have made an estimate for Hewlett Packard Enterprise Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 30, 2023.

The Average True Range (ATR) for Hewlett Packard Enterprise Co is set at 0.34, with the Price to Sales ratio for HPE stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 1.00, with the Price to Cash per share for the same quarter was set at 2.44. Price to Free Cash Flow for HPE in the course of the last twelve months was 13.98 with Quick ratio for the last quarter at 0.65.

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HPE Stock Performance Analysis:

Hewlett Packard Enterprise Co [HPE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.57. With this latest performance, HPE shares dropped by -2.91% in over the last four-week period, additionally plugging by 11.97% over the last 6 months – not to mention a rise of 7.60% 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 50.03, with the RSI for the last a single of trading hit 56.50, and the three-weeks RSI is set at 47.53 for Hewlett Packard Enterprise Co [HPE]. The present Moving Average for the last 50 days of trading for this stock 16.54, while it was recorded at 15.81 for the last single week of trading, and 16.06 for the last 200 days.

Insight into Hewlett Packard Enterprise Co Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Hewlett Packard Enterprise Co [HPE] shares currently have an operating margin of +6.54 and a Gross Margin at +31.40. Hewlett Packard Enterprise Co’s Net Margin is presently recorded at +3.09.

Return on Total Capital for HPE is now 5.41, given the latest momentum, and Return on Invested Capital for the company is 2.92. Return on Equity for this stock inclined to 4.36, with Return on Assets sitting at 1.51. When it comes to the capital structure of this company, Hewlett Packard Enterprise Co [HPE] has a Total Debt to Total Equity ratio set at 67.88. Additionally, HPE Total Debt to Total Capital is recorded at 40.43, with Total Debt to Total Assets ending up at 23.61. Long-Term Debt to Equity for the company is recorded at 43.82, with the Long-Term Debt to Total Capital now at 26.10.

Reflecting on the efficiency of the workforce at the company, Hewlett Packard Enterprise Co [HPE] managed to generate an average of $14,419 per employee. Receivables Turnover for the company is 3.62 with a Total Asset Turnover recorded at a value of 0.49.Hewlett Packard Enterprise Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.65 and a Current Ratio set at 0.87.


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 Co go to 3.23%.

Hewlett Packard Enterprise Co [HPE] Institutonal Ownership Details

The top three institutional holders of HPE stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in HPE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in HPE stock with ownership which is approximately 5.7994%.

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