Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $16.86 in the prior trading day, Hewlett Packard Enterprise Co (NYSE: HPE) closed at $17.15, up 1.72%. In other words, the price has increased by $1.72 from its previous closing price. On the day, 19.8 million shares were traded. HPE stock price reached its highest trading level at $17.2 during the session, while it also had its lowest trading level at $16.84.
Ratios:
Our goal is to gain a better understanding of HPE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when MacDonald Neil B bought 29,000 shares for $17.00 per share.
Gold Gerri sold 22,784 shares of HPE for $493,816 on Jun 14 ’24. The EVP, Pres & CEO Financial Serv now owns 57,081 shares after completing the transaction at $21.67 per share. On Jun 11 ’24, another insider, MacDonald Neil B, who serves as the EVP, GM of Compute HPC AI of the company, sold 36,671 shares for $20.51 each. As a result, the insider received 752,011 and left with 111,054 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 22272188416 and an Enterprise Value of 31106166784. As of this moment, Hewlett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.22, and their Forward P/E ratio for the next fiscal year is 8.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.072 whereas that against EBITDA is 6.337.
Stock Price History:
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 -10.09%, while the 200-Day Moving Average is calculated to be -3.28%.
Shares Statistics:
The stock has traded on average 16.38M shares per day over the past 3-months and 31776270 shares per day over the last 10 days, according to various share statistics. A total of 1.30B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.48% of the company’s shares, while institutions hold 84.51% stake in the company. Shares short for HPE as of 1724976000 were 20756217 with a Short Ratio of 1.27, compared to 1722384000 on 24797996. Therefore, it implies a Short% of Shares Outstanding of 20756217 and a Short% of Float of 1.82.
Dividends & Splits
In the trailing 12 months, HPE’s forward annual dividend rate was 0.51, compared to 0.51 this year. Against a Trailing Annual Dividend Yield of 0.03024911The stock’s 5-year Average Dividend Yield is 3.37.
