Hewlett Packard Enterprise Co (NYSE: HPE) Stock Could Be An Option To Consider

Hewlett Packard Enterprise Co (NYSE:HPE) shares, rose in value, with the stock price down by -0.24% to the previous day’s close as strong demand from buyers drove the stock to $14.85.

Actively observing the price movement in the recent trading, the stock is buoying the session at $14.88, falling within a range of $14.75 and $14.99. The value of beta (5-year monthly) is 1.218 whereas the PE ratio is 7.35 over 12-month period. Referring to stock’s 52-week performance, its high was $24.66, and the low was $11.97. On the whole, HPE has fluctuated by -9.15% over the past month.

With the market capitalization of Hewlett Packard Enterprise Co currently standing at about $19.50 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 3.50%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 32.51B, 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 7.51B.

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 1.42, with the price of HPE currently trading nearly -0.28% and -14.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.01, while the 7-day volatility ratio is showing 5.96% which for the 30-day chart, stands at 6.25%. Furthermore, Hewlett Packard Enterprise Co (HPE)’s beta value is 1.29, and its average true range (ATR) is 0.96.

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 -0.24% in today’s session so far, and over the past year, it shrunk by -13.39%%.

Data on historical trading for Hewlett Packard Enterprise Co (NYSE:HPE) indicates that the trading volumes over the past 10 days have averaged 32.0 and over the past 3 months, they’ve averaged 21.34 million. According to company’s latest data on outstanding shares, there are 1.31 billion shares outstanding.

Nearly 0.59% of Hewlett Packard Enterprise Co’s shares belong to company insiders and institutional investors own 84.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 71.09 million shares as on 2025-03-31, resulting in a short ratio of 2.67. According to the data, the short interest in Hewlett Packard Enterprise Co (HPE) stood at 617.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 29.98 million. The stock has fallen by -30.47% 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.

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