Should I buy or sell Hewlett Packard Enterprise stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPE, but not buy additional shares or sell existing shares. View HPE analyst ratings or view top-rated stocks .

What is Hewlett Packard Enterprise's stock price target for 2024?

12 analysts have issued 1-year price objectives for Hewlett Packard Enterprise's shares. Their HPE share price targets range from $17.00 to $26.00. On average, they predict the company's stock price to reach $21.08 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts price targets for HPE or view top-rated stocks among Wall Street analysts .

How have HPE shares performed in 2024?

Hewlett Packard Enterprise's stock was trading at $16.98 at the beginning of 2024. Since then, HPE shares have increased by 24.7% and is now trading at $21.17. View the best growth stocks for 2024 here .

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 24,130,000 shares, a drop of 12.6% from the May 31st total of 27,610,000 shares. Based on an average daily trading volume, of 16,880,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.9% of the company's stock are short sold. View Hewlett Packard Enterprise's Short Interest .

When is Hewlett Packard Enterprise's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 3rd 2024. View our HPE earnings forecast .

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) posted its quarterly earnings results on Tuesday, June, 4th. The technology company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03. The technology company earned $7.20 billion during the quarter, compared to analyst estimates of $6.82 billion. Hewlett Packard Enterprise had a trailing twelve-month return on equity of 8.49% and a net margin of 6.38%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.32 EPS. Read the conference call transcript .

How often does Hewlett Packard Enterprise pay dividends? What is the dividend yield for Hewlett Packard Enterprise?

Hewlett Packard Enterprise declared a quarterly dividend on Tuesday, June 4th. Investors of record on Wednesday, June 19th will be paid a dividend of $0.13 per share on Thursday, July 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Tuesday, June 18th. Read our dividend analysis for HPE .

Is Hewlett Packard Enterprise a good dividend stock?

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.47%. The dividend payout ratio is 37.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 29.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HPE .

What ETFs hold Hewlett Packard Enterprise's stock?

ETFs with the largest weight of Hewlett Packard Enterprise (NYSE:HPE) stock in their portfolio include First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) , Fidelity Cloud Computing ETF (FCLD) , iShares Focused Value Factor ETF (FOVL) , Madison Dividend Value ETF (DIVL) , First Trust Cloud Computing ETF (SKYY) , AAM S&P 500 High Dividend Value ETF (SPDV) , Global X U.S. Cash Flow Kings 100 ETF (FLOW) and ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) .

What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?

Hewlett Packard Enterprise issued an update on its FY 2024 earnings guidance on Tuesday, June, 4th. The company provided earnings per share (EPS) guidance of 1.850-1.950 for the period, compared to the consensus estimate of 1.880. The company issued revenue guidance of $29.4 billion-$30.0 billion, compared to the consensus revenue estimate of $29.2 billion.

What is Antonio Neri's approval rating as Hewlett Packard Enterprise's CEO?

1,708 employees have rated Hewlett Packard Enterprise Chief Executive Officer Antonio Neri on Glassdoor.com . Antonio Neri has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Hewlett Packard Enterprise own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ) , AT&T (T) , Intel (INTC) , Cisco Systems (CSCO) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Bank of America (BAC) , General Electric (GE) , Pfizer (PFE) and Micron Technology (MU) .

How do I buy shares of Hewlett Packard Enterprise?

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 .

Does Hewlett Packard Enterprise have any subsidiaries?

The following companies are subsidiares of Hewlett Packard Enterprise: 3Com International Inc., 3PAR Inc., Apogee, Aruba Networks Inc., Aruba Networks International Cayman, Aruba Networks International Limited, BlueData Software, Cloud Cruiser, Cloud Technology Partners, Cloud Technology Partners Inc., Compaq Computer (Mauritius), Compaq Trademark B.V., Cray, Cray Inc., EDS World Corporation (Far East) LLC, EYP Mission Critical Facilities Inc., H3C Holdings Limited, HP Enterprise Services Australia Pty Ltd, HP Financial Services (Australia) Pty Limited, HP Financial Services (Chile) Limitada, HP Financial Services (Japan) K.K., HP Financial Services Arrendamento Mercantil S.A., HP Financial Services Company (Korea), HP Financial Services International Holdings Company, HPE Government LLC, HPFS Global Holdings I LLC, HPFS Global Holdings II LLC, HPFS Rental S.R.L., Hangzhou H3C Technologies Co. Ltd, Hewlett Packard Caribe BV LLC, Hewlett Packard Colombia Ltda., Hewlett Packard Enterprise (China) Co. Ltd., Hewlett Packard Enterprise B.V., Hewlett Packard Enterprise B.V. Amstelveen Meyrin Branch, Hewlett Packard Enterprise Canada Co., Hewlett Packard Enterprise Canada Co. Hewlett Packard Enterprise Canada Cie, Hewlett Packard Enterprise Costa Rica Limitada, Hewlett Packard Enterprise GlobalSoft Private Limited, Hewlett Packard Enterprise India Private Limited, Hewlett Packard Enterprise Ireland Limited, Hewlett Packard Enterprise Luxembourg SCA, Hewlett Packard Enterprise Polska sp. z o.o., Hewlett Packard Pathfinder LLC, Hewlett Packard Taiwan Ltd., Hewlett-Packard (Israel) Ltd., Hewlett-Packard (M) Sdn. Bhd., Hewlett-Packard (Nigeria) Limited, Hewlett-Packard (Schweiz) GmbH, Hewlett-Packard (Tanzania) Limited, Hewlett-Packard (Thailand) Limited, Hewlett-Packard ApS, Hewlett-Packard Argentina S.R.L., Hewlett-Packard Asia Pacific Pte. Ltd., Hewlett-Packard Australia Pty Ltd, Hewlett-Packard Belgium SPRL/BVBA, Hewlett-Packard Bermuda Enterprises LLC, Hewlett-Packard Brasil Ltda., Hewlett-Packard Bulgaria EOOD, Hewlett-Packard Caribe B.V., Hewlett-Packard Caribe Y Andina B.V. LLC, Hewlett-Packard Chile Comercial Limitada, Hewlett-Packard Cyprus Ltd, Hewlett-Packard Ecuador Cia. Ltda., Hewlett-Packard Egypt Ltd., Hewlett-Packard Financial Services (India) Private Limited, Hewlett-Packard Financial Services Canada Company, Hewlett-Packard Financial Services Company, Hewlett-Packard France SAS, Hewlett-Packard G1 SPV (Cayman) Company, Hewlett-Packard Gesellschaft mbH, Hewlett-Packard Ghana Limited, Hewlett-Packard GmbH, Hewlett-Packard Guatemala Limitada, Hewlett-Packard HK SAR Ltd., Hewlett-Packard Hellas EPE, Hewlett-Packard Holdings Ltd., Hewlett-Packard International Bank Designated Activity Company, Hewlett-Packard International Bank Public Limited Company, Hewlett-Packard International Sàrl, Hewlett-Packard Italiana S.r.l., Hewlett-Packard Japan Ltd., Hewlett-Packard Korea Ltd., Hewlett-Packard Leasing Limited, Hewlett-Packard Limited, Hewlett-Packard Luxembourg Enterprises LLC, Hewlett-Packard Macau Limited, Hewlett-Packard Manufacturing Ltd, Hewlett-Packard Marigalante Ltd., Hewlett-Packard Mexico S. de R.L. de C.V., Hewlett-Packard Middle East FZ-LLC, Hewlett-Packard Moçambique Limitada - Sociedada em Liquidação, Hewlett-Packard Nederland B.V., Hewlett-Packard New Zealand, Hewlett-Packard Norge AS, Hewlett-Packard OY, Hewlett-Packard Operations Mexico S. de R.L. de C.V., Hewlett-Packard Peru S.R.L., Hewlett-Packard Philippines Corporation, Hewlett-Packard Portugal Lda., Hewlett-Packard SARL, Hewlett-Packard SIA, Hewlett-Packard Servicios España S.L., Hewlett-Packard Singapore (Sales) Pte. Ltd., Hewlett-Packard South Africa (Proprietary) Limited, Hewlett-Packard Sverige AB, Hewlett-Packard Technology Center Inc., Hewlett-Packard Teknoloji Çözümleri Limited Şirketi, Hewlett-Packard The Hague B.V., Hewlett-Packard Venezuela S.R.L., Hewlett-Packard Vision Limited, Hewlett-Packard d.o.o., Hewlett-Packard s.r.o., Limited Liability Company Hewlett Packard Enterprise, MapR Technologies, New H3C Technologies Co. Ltd., Niara Inc., Nimble Storage, Nimble Storage Inc., Nimble Storage Israel Ltd, Nimble Storage Japan GK, Nimble Storage UK Limited, Plexxi, RedPixie, SGI (Silicon Graphics), Sapphire Holding Co, Scytale, Shanghai Hewlett-Packard Co. Ltd., Silver Peak, SimpliVity, Sinope Holding B.V., Trilead, UAB ES Hague Lietuva, and Unis Huashan Technologies Co. Limited. Read More

NYSE:HPE

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

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Free HPE Stock Alerts

$21.17

+0.13 (+0.62%)

(As of 06/28/2024 ET)

Compare

Today's Range: $20.90
▼
$21.28
50-Day Range: $16.44
▼
$21.84
52-Week Range: $14.47
▼
$22.82

Volume: 17.40 million shs
Average Volume: 27.28 million shs
Market Capitalization: $27.51 billion

P/E Ratio: 15.45
Dividend Yield: 2.46%
Price Target: $21.08

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 0.4% Downside
$21.08 Price Target
Short Interest: Healthy
1.87% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.11
Upright™ Environmental Score
News Sentiment: 0.42
Based on 9 Articles This Week
Insider Trading: Selling Shares
$3.16 M Sold Last Quarter
Proj. Earnings Growth: 9.43%
From $1.59 to $1.74 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Computer And Technology Sector

53rd out of 588 stocks

Computer & Office Equipment Industry

3rd out of 14 stocks

2.2

Analyst's Opinion

Consensus Rating
Hewlett Packard Enterprise has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 8 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Hewlett Packard Enterprise has been the subject of 10 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.

5.0

Short Interest

Percentage of Shares Shorted
1.87% 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 1.4, 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 12.60%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Hewlett Packard Enterprise pays a meaningful dividend of 2.47%, 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 37.96%. 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 29.89% 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.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hewlett Packard Enterprise has received a 26.18% net impact score from Upright. Hewlett Packard seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Secure connectivity software", "Data center services", "IoT software", and "Database server software" products. See details.
Environmental Sustainability
The Environmental Impact score for Hewlett Packard Enterprise is -1.11.

2.5

News and Social Media Coverage

News Sentiment
Hewlett Packard Enterprise has a news sentiment score of 0.42. 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 lower news sentiment than the 0.76 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Hewlett Packard Enterprise this week, compared to 13 articles on an average week.
Search Interest
83 people have searched for HPE on MarketBeat in the last 30 days. This is an increase of 453% compared to the previous 30 days.
MarketBeat Follows
21 people have added Hewlett Packard Enterprise to their MarketBeat watchlist in the last 30 days. This is an increase of 163% compared to the previous 30 days.

2.5

Company Ownership

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 $3,160,866.00 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Hewlett Packard Enterprise are expected to grow by 9.43% in the coming year, from $1.59 to $1.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hewlett Packard Enterprise is 15.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hewlett Packard Enterprise is 15.45, 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 203.98.
Price to Earnings Growth Ratio
Hewlett Packard Enterprise has a PEG Ratio of 3.06. 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 1.27. 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.

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About Hewlett Packard Enterprise Stock (NYSE:HPE)

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.

HPE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HPE Stock News Headlines

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Hewlett Packard Enterprise (NYSE:HPE) Trading Up 4.8%

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June 19, 2024 | reuters.com

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June 18, 2024 | seekingalpha.com

Hewlett Packard Enterprise Company (HPE) CEO Antonio Neri presents at Investor Relations Summit @ HPE Discover 2024 (Transcript)