Hewlett Packard Enterprise Co (NYSE: HPE) kicked off on Monday, down -0.25% from the previous trading day, before settling in for the closing price of $20.06. Over the past 52 weeks, HPE has traded in a range of $14.47-$22.82.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.27%. While this was happening, its average annual earnings per share was recorded -8.95%. With a float of $1.29 billion, this company’s outstanding shares have now reached $1.30 billion.
The extent of productivity of a business whose workforce counts for 62000 workers is very important to gauge. In terms of profitability, gross margin is 33.0%, operating margin of 7.32%, and the pretax margin is 7.21%.
Hewlett Packard Enterprise Co (HPE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Hewlett Packard Enterprise Co is 0.44%, while institutional ownership is 82.90%. The most recent insider transaction that took place on Oct 14 ’24, was worth 5,181,625. In this transaction President and CEO of this company sold 250,000 shares at a rate of $20.73, taking the stock ownership to the 1,508,641 shares. Before that another transaction happened on Oct 08 ’24, when Company’s SVP, Controller & CTO sold 7,770 for $21.00, making the entire transaction worth $163,170. This insider now owns 7,771 shares in total.
Hewlett Packard Enterprise Co (HPE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.52 earnings per share (EPS), higher than consensus estimate (set at 0.5) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.42% during the next five years compared to 4.61% growth over the previous five years of trading.
Hewlett Packard Enterprise Co (NYSE: HPE) Trading Performance Indicators
Take a look at Hewlett Packard Enterprise Co’s (HPE) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 9.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of Hewlett Packard Enterprise Co (HPE)
The latest stats from [Hewlett Packard Enterprise Co, HPE] show that its last 5-days average volume of 11.63 million was inferior to 15.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.07%. Additionally, its Average True Range was 0.55.
During the past 100 days, Hewlett Packard Enterprise Co’s (HPE) raw stochastic average was set at 60.14%, which indicates a significant increase from 42.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.08% in the past 14 days, which was lower than the 37.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.38, while its 200-day Moving Average is $18.35. Now, the first resistance to watch is $20.26. This is followed by the second major resistance level at $20.52. The third major resistance level sits at $20.64. If the price goes on to break the first support level at $19.88, it is likely to go to the next support level at $19.76. The third support level lies at $19.50 if the price breaches the second support level.
Hewlett Packard Enterprise Co (NYSE: HPE) Key Stats
The company with the Market Capitalisation of 26.75 billion has total of 1,298,669K Shares Outstanding. Its annual sales at the moment are 29,135 M in contrast with the sum of 2,025 M annual income. Company’s last quarter sales were recorded 7,710 M and last quarter income was 512,000 K.
