Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Hewlett Packard Enterprise Co (NYSE: HPE) was $20.37 for the day, up 0.39% from the previous closing price of $20.29. In other words, the price has increased by $0.39 from its previous closing price. On the day, 10.8 million shares were traded.
Ratios:
Our analysis of HPE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.60.
On December 06, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $26.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 05, 2024, whereas the target price for the stock was revised from $23 to $28.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 06 ’25 when Cox Jeremy sold 11,577 shares for $23.00 per share. The transaction valued at 266,271 led to the insider holds 48,615 shares of the business.
Cox Jeremy bought 11,577 shares of HPE for $266,271 on Jan 06 ’25. On Dec 12 ’24, another insider, RUSSO FIDELMA, who serves as the EVP, GM, Hybrid Cloud & CTO of the company, sold 51,762 shares for $21.86 each. As a result, the insider received 1,131,284 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Hewlett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.77, and their Forward P/E ratio for the next fiscal year is 8.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.06.
Stock Price History:
Over the past 52 weeks, HPE has reached a high of $24.66, while it has fallen to a 52-week low of $14.47. The 50-Day Moving Average of the stock is -6.76%, while the 200-Day Moving Average is calculated to be 0.27%.
Shares Statistics:
A total of 1.31B shares are outstanding, with a floating share count of 1.31B. Insiders hold about 0.59% of the company’s shares, while institutions hold 84.31% stake in the company.
Earnings Estimates
The market rating of Hewlett Packard Enterprise Co (HPE) is currently shaped by the ongoing analysis conducted by 15.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.5, with high estimates of $0.53 and low estimates of $0.46.
Analysts are recommending an EPS of between $2.23 and $2.0 for the fiscal current year, implying an average EPS of $2.13. EPS for the following year is $2.28, with 16.0 analysts recommending between $2.5 and $2.13.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 13 analysts. It ranges from a high estimate of $7.86B to a low estimate of $7.75B. As of the current estimate, Hewlett Packard Enterprise Co’s year-ago sales were $6.75BFor the next quarter, 13 analysts are estimating revenue of $7.91B. There is a high estimate of $8.18B for the next quarter, whereas the lowest estimate is $7.65B.
A total of 16 analysts have provided revenue estimates for HPE’s current fiscal year. The highest revenue estimate was $33.19B, while the lowest revenue estimate was $31.6B, resulting in an average revenue estimate of $32.52B. In the same quarter a year ago, actual revenue was $30.13BBased on 15 analysts’ estimates, the company’s revenue will be $34.13B in the next fiscal year. The high estimate is $36.26B and the low estimate is $32.59B.
