The stock of Hewlett Packard Enterprise Co (NYSE:HPE) last traded at $16.67, down -1.13% from the previous session.
HPE stock price is now 3.34% away from the 50-day moving average and -14.03% away from the 200-day moving average. The market capitalization of the company currently stands at $21.90B.
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.
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.
