Recent developments with Hewlett Packard Enterprise Co (HPE) have led to the company’s beta value being reach 1.21 cents.

On Friday, Hewlett Packard Enterprise Co (NYSE: HPE) was 1.63% up from the session before settling in for the closing price of $21.47. A 52-week range for HPE has been $14.47 – $24.24.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.87%. When this article was written, the company’s average yearly earnings per share was at 7.13%. With a float of $1.31 billion, this company’s outstanding shares have now reached $1.32 billion.

The extent of productivity of a business whose workforce counts for 61000 workers is very important to gauge. In terms of profitability, gross margin is 32.21%, operating margin of 7.6%, and the pretax margin is 9.82%.

Hewlett Packard Enterprise Co (HPE) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hewlett Packard Enterprise Co stocks. The insider ownership of Hewlett Packard Enterprise Co is 0.54%, while institutional ownership is 84.09%. The most recent insider transaction that took place on Dec 12 ’24, was worth 1,131,284. In this transaction EVP, GM, Hybrid Cloud & CTO of this company sold 51,762 shares at a rate of $21.86, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 12 ’24, when Company’s EVP, Chief People Officer sold 7,116 for $21.78, making the entire transaction worth $154,986. This insider now owns 0 shares in total.

Hewlett Packard Enterprise Co (HPE) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 7.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.14% during the next five years compared to 19.99% growth over the previous five years of trading.

Hewlett Packard Enterprise Co (NYSE: HPE) Trading Performance Indicators

You can see what Hewlett Packard Enterprise Co (HPE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97. Likewise, its price to free cash flow for the trailing twelve months is 14.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.89, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.29 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 8.27 million was inferior to 10.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.82%. Additionally, its Average True Range was 0.63.

During the past 100 days, Hewlett Packard Enterprise Co’s (HPE) raw stochastic average was set at 71.43%, which indicates a significant decrease from 83.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.39% in the past 14 days, which was lower than the 40.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.30, while its 200-day Moving Average is $19.50. Now, the first resistance to watch is $21.97. This is followed by the second major resistance level at $22.11. The third major resistance level sits at $22.38. If the price goes on to break the first support level at $21.56, it is likely to go to the next support level at $21.29. The third support level lies at $21.15 if the price breaches the second support level.

Hewlett Packard Enterprise Co (NYSE: HPE) Key Stats

There are 1,315,334K outstanding shares of the company, which has a market capitalization of 29.17 billion. As of now, sales total 30,127 M while income totals 2,579 M. Its latest quarter income was 8,458 M while its last quarter net income were 1,366 M.