Hewlett Packard Enterprise Co (NYSE:HPE) shares, rose in value, with the stock price down by -1.34% to the previous day’s close as strong demand from buyers drove the stock to $15.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $15.94, falling within a range of $15.635 and $15.92. The value of beta (5-year monthly) is 1.226 whereas the PE ratio is 7.78 over 12-month period. Referring to stock’s 52-week performance, its high was $24.66, and the low was $14.64. On the whole, HPE has fluctuated by -20.74% over the past month.
With the market capitalization of Hewlett Packard Enterprise Co currently standing at about $20.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05. The company’s Forward Dividend Ratio is 0.52, with its dividend yield at 3.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 32.59B, with a low estimate of 7.3B and a high estimate of 7.97B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.5B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HPE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.43, with the price of HPE currently trading nearly -3.98% and -19.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.44, while the 7-day volatility ratio is showing 1.97% which for the 30-day chart, stands at 3.66%. Furthermore, Hewlett Packard Enterprise Co (HPE)’s beta value is 1.20, and its average true range (ATR) is 0.60.
A comparison of Hewlett Packard Enterprise Co (HPE) with its peers suggests the former has fared considerably weaker in the market. HPE showed an intraday change of -1.34% in today’s session so far, and over the past year, it shrunk by -11.10%%.
Data on historical trading for Hewlett Packard Enterprise Co (NYSE:HPE) indicates that the trading volumes over the past 10 days have averaged 24.7 and over the past 3 months, they’ve averaged 17.94 million. According to company’s latest data on outstanding shares, there are 1.31 billion shares outstanding.
Nearly 0.58% of Hewlett Packard Enterprise Co’s shares belong to company insiders and institutional investors own 84.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 43.76 million shares as on 2025-03-14, resulting in a short ratio of 2.15. According to the data, the short interest in Hewlett Packard Enterprise Co (HPE) stood at 380.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 37.38 million. The stock has fallen by -26.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HPE stock heading into the next quarter.
