Hewlett Packard Enterprise Co (NYSE: HPE) has experienced a decline in its stock price by 0.00 compared to its previous closing price of 21.83. However, the company has seen a fall of -8.85% in its stock price over the last five trading days. businesswire.com reported 2024-12-13 that HOUSTON–(BUSINESS WIRE)–The Leibniz Supercomputing Center (LRZ) of the Bavarian Academy of Sciences and Humanities has commissioned Hewlett Packard Enterprise (NYSE: HPE) to build its next high-performance computer, called “Blue Lion”. From 2027 on, Blue Lion will support cutting-edge research in Bavaria and, as a system of the Gauss Center for Supercomputing (GCS), will also be used for outstanding national science projects. The contracts were signed on December 13, 2024. The total costs of.
Is It Worth Investing in Hewlett Packard Enterprise Co (NYSE: HPE) Right Now?
The price-to-earnings ratio for Hewlett Packard Enterprise Co (NYSE: HPE) is above average at 11.46x. The 36-month beta value for HPE is also noteworthy at 1.22. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The public float for HPE is 1.29B, and at present, short sellers hold a 2.66% of that float. The average trading volume of HPE on December 16, 2024 was 13.76M shares.
HPE’s Market Performance
HPE stock saw a decrease of -8.85% in the past week, with a monthly decline of -0.09% and a quarterly a decrease of 26.70%. The volatility ratio for the week is 3.27%, and the volatility levels for the last 30 days are 3.23% for Hewlett Packard Enterprise Co (HPE). The simple moving average for the last 20 days is 0.17% for HPE’s stock, with a simple moving average of 13.45% for the last 200 days.
Analysts’ Opinion of HPE
Many brokerage firms have already submitted their reports for HPE stocks, with Citigroup repeating the rating for HPE by listing it as a “Buy.” The predicted price for HPE in the upcoming period, according to Citigroup is $26 based on the research report published on December 06, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see HPE reach a price target of $28, previously predicting the price at $23. The rating they have provided for HPE stocks is “Overweight” according to the report published on December 05th, 2024.
Raymond James gave a rating of “Strong Buy” to HPE, setting the target price at $29 in the report published on November 18th of the current year.
HPE Trading at 3.59% from the 50-Day Moving Average
After a stumble in the market that brought HPE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.94% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +2.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.27% upper at present.
During the last 5 trading sessions, HPE fell by -8.85%, which changed the moving average for the period of 200-days by +43.34% in comparison to the 20-day moving average, which settled at $21.79. In addition, Hewlett Packard Enterprise Co saw 28.56% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HPE starting from SCHULTZ JOHN F, who sale 262,818 shares at the price of $21.62 back on Dec 11 ’24. After this action, SCHULTZ JOHN F now owns 270,430 shares of Hewlett Packard Enterprise Co, valued at $5,681,600 using the latest closing price.
RUSSO FIDELMA, the EVP, GM, Hybrid Cloud & CTO of Hewlett Packard Enterprise Co, sale 55,398 shares at $21.72 during a trade that took place back on Dec 11 ’24, which means that RUSSO FIDELMA is holding 51,762 shares at $1,203,245 based on the most recent closing price.
Stock Fundamentals for HPE
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.52 for the gross margin
The net margin for Hewlett Packard Enterprise Co stands at 0.08. The total capital return value is set at 0.05. Equity return is now at value 11.21, with 4.02 for asset returns.
Based on Hewlett Packard Enterprise Co (HPE), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 20.78.
Currently, EBITDA for the company is 2.19 billion with net debt to EBITDA at 0.79. When we switch over and look at the enterprise to sales, we see a ratio of 1.06. The receivables turnover for the company is 8.47for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In summary, Hewlett Packard Enterprise Co (HPE) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
