Currently, there are 1.31B common shares owned by the public and among those 1.31B shares have been available to trade.
The company’s stock has a 5-day price change of -1.20% and -28.74% over the past three months. HPE shares are trading -26.84% year to date (YTD), with the 12-month market performance down to -13.46% lower. It has a 12-month low price of $14.64 and touched a high of $24.66 over the same period. HPE has an average intraday trading volume of 16.50 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -16.85%, -24.87%, and -22.97% respectively.
Institutional ownership of Hewlett Packard Enterprise Co (NYSE: HPE) shares accounts for 84.45% of the company’s 1.31B shares outstanding.
It has a market capitalization of $20.52B and a beta (3y monthly) value of 1.24. The stock’s trailing 12-month PE ratio is 7.73, while the earnings-per-share (ttm) stands at $2.02. The company has a PEG of 1.39 and a Quick Ratio of 0.98 with the debt-to-equity ratio at 0.71. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.60% over the week and 3.84% over the month.
Earnings per share for the fiscal year are expected to decrease by -8.19%, and 13.85% over the next financial year. EPS should shrink at an annualized rate of 5.55% over the next five years, compared to 19.99% over the past 5-year period.
Looking at the support for the HPE, a number of firms have released research notes about the stock. Daiwa Securities stated their Neutral rating for the stock in a research note on March 12, 2025, with the firm’s price target at $16. Deutsche Bank coverage for the Hewlett Packard Enterprise Co (HPE) stock in a research note released on December 19, 2024 offered a Buy rating with a price target of $25. Citigroup was of a view on December 06, 2024 that the stock is Buy, while Morgan Stanley gave the stock Overweight rating on December 05, 2024, issuing a price target of $23- $28. Raymond James on their part issued Strong Buy rating on November 18, 2024.
