In Monday’s Wall Street session, Hewlett Packard Enterprise Co (NYSE:HPE) shares traded at $13.33, up 4.22% from the previous session.
HPE stock price is now -27.76% away from the 50-day moving average and -33.14% away from the 200-day moving average. The market capitalization of the company currently stands at $17.51B.
With the price target maintained at $16, Daiwa Securities recently Downgraded its rating from Outperform to Neutral for Hewlett Packard Enterprise Co (NYSE: HPE). On December 19, 2024, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $25, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Mayer Bethany, Director bought 6,409 shares of the company’s stock on Apr 04 ’25. The stock was bought for $84,535 at an average price of $13.19. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, SVP, Controller & CTO Cox Jeremy sold 11,577 shares of the business’s stock. A total of $266,271 was realized by selling the stock at an average price of $23.00. This leaves the insider owning 48,615 shares of the company worth $0.65 million. A total of 0.58% 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 $22126665728, which is based on a 6.60 price-to-earnings ratio, a 1.28 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for HPE is $18.452 and a two-hundred day moving average price translates $19.93785 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.
