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In other words, the price has increased by $0.00 from its previous closing price. On the day, 9.11 million shares were traded. HPE stock price reached its highest trading level at $16.96 during the session, while it also had its lowest trading level at $16.73.
Ratios:
To gain a deeper understanding of HPE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on March 01, 2024, Downgraded its rating to Equal Weight and sets its target price to $17 from $21 previously.
On January 16, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $20 to $17.
Morgan Stanley Upgraded its Underweight to Equal-Weight on November 30, 2023, while the target price for the stock was maintained at $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Major Kristin K sold 24,722 shares for $19.01 per share. The transaction valued at 469,965 led to the insider holds 0 shares of the business.
Gold Gerri sold 13,399 shares of HPE for $241,285 on Mar 05 ’24. The EVP, Pres & CEO Financial Serv now owns 79,865 shares after completing the transaction at $18.01 per share. On Mar 04 ’24, another insider, REINER GARY M, who serves as the Director of the company, sold 70,000 shares for $17.22 each. As a result, the insider received 1,205,400 and left with 181,686 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 21876140032 and an Enterprise Value of 31846000640. As of this moment, Hewlett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.59, and their Forward P/E ratio for the next fiscal year is 8.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.134 whereas that against EBITDA is 6.372.
Stock Price History:
Over the past 52 weeks, HPE has reached a high of $20.07, while it has fallen to a 52-week low of $13.65. The 50-Day Moving Average of the stock is -0.18%, while the 200-Day Moving Average is calculated to be 1.02%.
Shares Statistics:
It appears that HPE traded 15.14M shares on average per day over the past three months and 12373810 shares per day over the past ten days. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.42% of the company’s shares, while institutions hold 83.07% stake in the company. Shares short for HPE as of 1711584000 were 27772474 with a Short Ratio of 1.83, compared to 1709164800 on 32747246. Therefore, it implies a Short% of Shares Outstanding of 27772474 and a Short% of Float of 2.4400001000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.49, HPE has a forward annual dividend rate of 0.50. Against a Trailing Annual Dividend Yield of 0.029114677The stock’s 5-year Average Dividend Yield is 3.41.
