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NYSE:HPE

Hewlett Packard Enterprise (HPE) Stock Price, News & Analysis

Hewlett Packard Enterprise logo
$20.01
-0.05 (-0.25%)
(As of 11/4/2024 ET)

About Hewlett Packard Enterprise Stock (NYSE:HPE)

Key Stats

Today's Range
$20.01
$20.39
50-Day Range
$16.10
$20.97
52-Week Range
$14.47
$22.82
Volume
7.89 million shs
Average Volume
15.46 million shs
Market Capitalization
$25.99 billion
P/E Ratio
14.29
Dividend Yield
2.60%
Price Target
$21.46
Consensus Rating
Hold

Company Overview

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE Synergy; HPE Alletra, HPE GreenLake, Zerto, HPE InfoSight, and HPE CloudPhysics storage products; HPE Cray EX, HPE Cray XD, and converged edge systems; and HPE Superdome Flex, HPE Nonstop, and HPE Integrity products. It also provides HPE Aruba products that includes hardware products, such as Wi-Fi access points, switches, and gateways; HPE Aruba Networking software and services comprising cloud-based management, network management and access control, analytics and assurance, software-defined wide-area networking, network security, analytics and assurance, and location services software; and professional and support services, as well as as-a-service and consumption models. In addition, the company offers leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of various IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others; consultative-led services; HPE Ezmeral Container Platform; HPE Ezmeral Software Container Platform and HPE Ezmeral Software Data Fabric; OpsRamp; and Hewlett Packard Labs. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. The company was founded in 1939 and is headquartered in Spring, Texas.

Hewlett Packard Enterprise Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

HPE MarketRank™: 

Hewlett Packard Enterprise scored higher than 93% of companies evaluated by MarketBeat, and ranked 81st out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hewlett Packard Enterprise has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Hewlett Packard Enterprise has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Hewlett Packard Enterprise's stock forecast and price target.
  • Earnings Growth

    Earnings for Hewlett Packard Enterprise are expected to grow by 10.84% in the coming year, from $1.66 to $1.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hewlett Packard Enterprise is 14.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hewlett Packard Enterprise is 14.29, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 248.08.

  • Price to Earnings Growth Ratio

    Hewlett Packard Enterprise has a PEG Ratio of 3.71. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Hewlett Packard Enterprise has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Hewlett Packard Enterprise's valuation and earnings.
  • Percentage of Shares Shorted

    2.87% of the float of Hewlett Packard Enterprise has been sold short.
  • Short Interest Ratio / Days to Cover

    Hewlett Packard Enterprise has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hewlett Packard Enterprise has recently decreased by 1.80%, indicating that investor sentiment is improving.
  • Dividend Yield

    Hewlett Packard Enterprise pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Hewlett Packard Enterprise does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Hewlett Packard Enterprise is 37.14%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Hewlett Packard Enterprise will have a dividend payout ratio of 28.26% next year. This indicates that Hewlett Packard Enterprise will be able to sustain or increase its dividend.

  • Read more about Hewlett Packard Enterprise's dividend.
  • Percentage of Shares Shorted

    2.87% of the float of Hewlett Packard Enterprise has been sold short.
  • Short Interest Ratio / Days to Cover

    Hewlett Packard Enterprise has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hewlett Packard Enterprise has recently decreased by 1.80%, indicating that investor sentiment is improving.
  • News Sentiment

    Hewlett Packard Enterprise has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Hewlett Packard Enterprise this week, compared to 14 articles on an average week.
  • Search Interest

    Only 29 people have searched for HPE on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
  • MarketBeat Follows

    Only 11 people have added Hewlett Packard Enterprise to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hewlett Packard Enterprise insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,599,617.00 in company stock.

  • Percentage Held by Insiders

    Only 0.40% of the stock of Hewlett Packard Enterprise is held by insiders.

  • Percentage Held by Institutions

    80.78% of the stock of Hewlett Packard Enterprise is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Hewlett Packard Enterprise's insider trading history.
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HPE Stock News Headlines

Dhaka,Bangladesh-01 January 2024:Advanced Micro Devices (AMD) logo on phone screen . — Stock Editorial Photography
AMD Gains Momentum With AI: Can It Beat Expectations? (HPE)
Advanced Micro Devices is positioned to regain share from NVIDIA in the data center market and outperform consensus estimates.
The Final Frontier
And a lot of powerful investors would rather this exposé never saw the light of day. I suspect they’ll attempt to discredit it, tar and feather it, and convince you not to watch it. That’s because it tells the shocking truth about the current AI mania… and why investors in big tech companies like Nvidia, Meta, Alphabet, and Microsoft could be in for a whole world of pain.
Computer printed circuit board or PCB with Hewlett-Packard Company HP logo. Conceptual editorial 3D rendering — Stock Editorial Photography
Hewlett Packard Enterprises: 4 Reasons to Get In Now on the Stock
Hewlett Packard Enterprise Co. (NYSE: HPE) is a global technology company focused on providing edge-to-cloud solutions for businesses and organizations.
Hewlett Packard Enterprise Co (HPE-PC)
See More Headlines

HPE Stock Analysis - Frequently Asked Questions

Hewlett Packard Enterprise's stock was trading at $16.98 on January 1st, 2024. Since then, HPE shares have increased by 17.8% and is now trading at $20.01.
View the best growth stocks for 2024 here
.

Hewlett Packard Enterprise (NYSE:HPE) released its quarterly earnings data on Wednesday, September, 4th. The technology company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. The firm's quarterly revenue was up 10.1% on a year-over-year basis.
Read the conference call transcript
.

Hewlett Packard Enterprise subsidiaries include these companies: Silver Peak, Scytale, MapR Technologies, Cray, BlueData Software, Apogee, Plexxi, and more.

Hewlett Packard Enterprise's top institutional shareholders include abrdn plc (0.46%), Raymond James & Associates (0.34%), AustralianSuper Pty Ltd (0.32%) and National Pension Service (0.25%). Insiders that own company stock include Antonio F Neri, Alan Richard May, Tarek Robbiati, Gary M Reiner, Neil B Macdonald, Gerri Gold, Justin Hotard, Jean M Hobby, Phil Mottram, Jeremy Cox, Thomas E Black Jr, Kirt P Karros, Fidelma Russo, Irv Rothman and Thomas E Black, Jr.
View institutional ownership trends
.

Shares of HPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hewlett Packard Enterprise investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Visa (V) and Home Depot (HD).

Company Calendar

Last Earnings
9/04/2024
Ex-Dividend for 10/18 Dividend
9/19/2024
Dividend Payable
10/18/2024
Today
11/04/2024
Next Earnings (Estimated)
11/26/2024
Fiscal Year End
10/31/2025

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Computer Hardware
Fax
N/A
Employees
62,000
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$21.46
High Stock Price Target
$26.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+6.4%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$2.03 billion
Pretax Margin
7.18%

Debt

Sales & Book Value

Annual Sales
$29.14 billion
Cash Flow
$3.74 per share
Book Value
$16.56 per share

Miscellaneous

Outstanding Shares
1,298,670,000
Free Float
1,293,474,000
Market Cap
$26.19 billion
Optionable
Optionable
Beta
1.19

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This page (NYSE:HPE) was last updated on 11/4/2024 by MarketBeat.com Staff
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