Reassessing The Changing Outlook For Hewlett Packard Enterprise Co (HPE)

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 10.56% and -35.96% over the past three months. HPE shares are trading -33.77% year to date (YTD), with the 12-month market performance down to -21.44% lower. It has a 12-month low price of $11.97 and touched a high of $24.66 over the same period. HPE has an average intraday trading volume of 20.36 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 -6.69%, -20.58%, and -28.56% respectively.

Institutional ownership of Hewlett Packard Enterprise Co (NYSE: HPE) shares accounts for 84.40% of the company’s 1.31B shares outstanding.

It has a market capitalization of $18.57B and a beta (3y monthly) value of 1.33. The stock’s trailing 12-month PE ratio is 7.00, while the earnings-per-share (ttm) stands at $2.02. The company has a PEG of 1.36 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 12.29% over the week and 5.82% over the month.

Earnings per share for the fiscal year are expected to decrease by -10.09%, and 15.44% over the next financial year. EPS should shrink at an annualized rate of 5.14% 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. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on April 08, 2025, with the firm’s price target at $14. Daiwa Securities coverage for the Hewlett Packard Enterprise Co (HPE) stock in a research note released on March 12, 2025 offered a Neutral rating with a price target of $16. Deutsche Bank was of a view on December 19, 2024 that the stock is Buy, while Citigroup gave the stock Buy rating on December 06, 2024, issuing a price target of $26. Morgan Stanley on their part issued Overweight rating on December 05, 2024.

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