Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Tuesday, June 3rd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $7.51 billion for the quarter.
Hewlett Packard Enterprise Stock Down 2.3%
Shares of HPE stock traded down $0.40 during trading hours on Friday, reaching $17.25. 26,150,174 shares of the company's stock were exchanged, compared to its average volume of 17,208,538. The stock's 50 day moving average is $15.99 and its 200-day moving average is $19.14. The company has a market cap of $22.66 billion, a price-to-earnings ratio of 9.08, a P/E/G ratio of 2.03 and a beta of 1.29. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. Hewlett Packard Enterprise has a fifty-two week low of $11.97 and a fifty-two week high of $24.66.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Stockholders of record on Friday, March 21st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date was Friday, March 21st. Hewlett Packard Enterprise's payout ratio is presently 25.37%.
Insider Activity
In related news, Director Bethany Mayer sold 6,409 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $13.19, for a total transaction of $84,534.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.36% of the company's stock.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Hewlett Packard Enterprise stock. Geneos Wealth Management Inc. raised its stake in Hewlett Packard Enterprise (NYSE:HPE - Free Report) by 44.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,456 shares of the technology company's stock after acquiring an additional 1,377 shares during the quarter. Geneos Wealth Management Inc.'s holdings in Hewlett Packard Enterprise were worth $69,000 at the end of the most recent reporting period. 80.78% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on HPE shares. Wall Street Zen downgraded Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Loop Capital reduced their price target on Hewlett Packard Enterprise from $24.00 to $16.00 and set a "hold" rating on the stock in a research report on Monday, March 10th. Daiwa Capital Markets downgraded Hewlett Packard Enterprise from an "outperform" rating to a "neutral" rating and set a $16.00 price target on the stock. in a research report on Wednesday, March 12th. Daiwa America downgraded Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Finally, Wells Fargo & Company reduced their target price on Hewlett Packard Enterprise from $22.00 to $17.00 and set an "equal weight" rating for the company in a research note on Friday, March 7th. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.13.
Check Out Our Latest Report on HPE
About Hewlett Packard Enterprise
(
Get Free Report)
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.
Further Reading
Before you consider Hewlett Packard Enterprise, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hewlett Packard Enterprise wasn't on the list.
While Hewlett Packard Enterprise currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
