In Monday’s Wall Street session, Hewlett Packard Enterprise Co (NYSE:HPE) shares traded at $14.28, up 0.99% from the previous session.
HPE stock price is now -19.17% away from the 50-day moving average and -27.73% away from the 200-day moving average. The market capitalization of the company currently stands at $18.76B.
With the price target maintained at $14, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Hewlett Packard Enterprise Co (NYSE: HPE). On March 12, 2025, Daiwa Securities Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $16, while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, Mayer Bethany, Director sold 6,409 shares of the company’s stock on Apr 04 ’25. The stock was sold for $84,535 at an average price of $13.19. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 04 ’25, Director Mayer Bethany bought 6,409 shares of the business’s stock. A total of $84,535 was incurred on buying the stock at an average price of $13.19. A total of 0.59% of the company’s stock is owned by insiders.
During the past 12 months, Hewlett Packard Enterprise Co has had a low of $11.97 and a high of $24.66. As of last week, the company has a debt-to-equity ratio of 0.71, a current ratio of 1.32, and a quick ratio of 0.98. According to the stock market information, the enterprise value for the company is $24083896320, which is based on a 7.07 price-to-earnings ratio, a 1.37 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for HPE is $17.6664 and a two-hundred day moving average price translates $19.75915 for the stock.
The latest earnings results from Hewlett Packard Enterprise Co (NYSE: HPE) was released for 2025-01-31. The net profit margin was 8.88% and return on equity was 12.09% for HPE. The company reported revenue of $7.85 billion for the quarter, compared to $6.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.27 percent. For the current quarter, analysts expect HPE to generate $7.5B in revenue.
