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The price of Hewlett Packard Enterprise Co (NYSE: HPE) closed at $21.44 in the last session, up 1.28% from day before closing price of $21.17. In other words, the price has increased by $1.28 from its previous closing price. On the day, 8.42 million shares were traded. HPE stock price reached its highest trading level at $21.48 during the session, while it also had its lowest trading level at $21.15.
Ratios:
We take a closer look at HPE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.35.
On March 01, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $21 to $17.
Bernstein Downgraded its Outperform to Mkt Perform on January 16, 2024, whereas the target price for the stock was revised from $20 to $17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 14 ’24 when Gold Gerri sold 22,784 shares for $21.67 per share. The transaction valued at 493,816 led to the insider holds 57,081 shares of the business.
MacDonald Neil B sold 36,671 shares of HPE for $752,011 on Jun 11 ’24. The EVP, GM of Compute HPC AI now owns 111,054 shares after completing the transaction at $20.51 per share. On Jun 11 ’24, another insider, Karros Kirt P, who serves as the SVP, Treasurer and FP&A of the company, sold 30,686 shares for $20.49 each. As a result, the insider received 628,870 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HPE now has a Market Capitalization of 27864926208 and an Enterprise Value of 36820082688. As of this moment, Hewlett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.63, and their Forward P/E ratio for the next fiscal year is 10.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 1.301 whereas that against EBITDA is 7.525.
Stock Price History:
The Beta on a monthly basis for HPE is 1.21, which has changed by 0.21248567 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, HPE has reached a high of $22.82, while it has fallen to a 52-week low of $14.47. The 50-Day Moving Average of the stock is 10.85%, while the 200-Day Moving Average is calculated to be 24.78%.
Shares Statistics:
According to the various share statistics, HPE traded on average about 16.88M shares per day over the past 3-months and 12513140 shares per day over the past 10 days. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.41% of the company’s shares, while institutions hold 84.49% stake in the company. Shares short for HPE as of 1719532800 were 27055736 with a Short Ratio of 1.60, compared to 1717113600 on 27613003. Therefore, it implies a Short% of Shares Outstanding of 27055736 and a Short% of Float of 2.3800000000000003.
Dividends & Splits
The forward annual dividend rate for HPE is 0.51, which was 0.5 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.023618327The stock’s 5-year Average Dividend Yield is 3.39. The current Payout Ratio is 31.19% for HPE, which recently paid a dividend on 2024-06-18 with an ex-dividend date of 1718668800. Stock splits for the company last occurred on 2017-09-01 when the company split stock in a 1289:1000 ratio.
