Should I buy or sell Hewlett Packard Enterprise stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPE, but not buy additional shares or sell existing shares. View HPE analyst ratings or view top-rated stocks .

What is Hewlett Packard Enterprise's stock price target for 2024?

9 analysts have issued 12 month price objectives for Hewlett Packard Enterprise's stock. Their HPE share price targets range from $15.00 to $21.00. On average, they predict the company's stock price to reach $17.90 in the next year. This suggests a possible upside of 10.4% from the stock's current price. View analysts price targets for HPE or view top-rated stocks among Wall Street analysts .

How have HPE shares performed in 2023?

Hewlett Packard Enterprise's stock was trading at $15.96 on January 1st, 2023. Since then, HPE stock has increased by 1.6% and is now trading at $16.22. View the best growth stocks for 2023 here .

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 34,660,000 shares, an increase of 10.9% from the October 31st total of 31,250,000 shares. Based on an average daily volume of 9,740,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.7% of the company's stock are sold short. View Hewlett Packard Enterprise's Short Interest .

When is Hewlett Packard Enterprise's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our HPE earnings forecast .

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) issued its quarterly earnings results on Tuesday, November, 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The technology company earned $7.35 billion during the quarter, compared to analyst estimates of $7.36 billion. Hewlett Packard Enterprise had a net margin of 6.95% and a trailing twelve-month return on equity of 9.83%. Hewlett Packard Enterprise's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.23) earnings per share. Read the conference call transcript .

How often does Hewlett Packard Enterprise pay dividends? What is the dividend yield for Hewlett Packard Enterprise?

Hewlett Packard Enterprise declared a quarterly dividend on Tuesday, November 28th. Investors of record on Wednesday, December 13th will be given a dividend of $0.13 per share on Thursday, January 11th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, December 12th. This is an increase from the stock's previous quarterly dividend of $0.12. Read our dividend analysis for HPE .

Is Hewlett Packard Enterprise a good dividend stock?

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.98%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 27.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HPE .

What ETFs hold Hewlett Packard Enterprise's stock?

ETFs with the largest weight of Hewlett Packard Enterprise (NYSE:HPE) stock in their portfolio include Adaptiv Select ETF (ADPV) , Fidelity Cloud Computing ETF (FCLD) , iShares Focused Value Factor ETF (FOVL) , First Trust Cloud Computing ETF (SKYY) , Nuveen ESG Mid-Cap Value ETF (NUMV) , AAM S&P 500 High Dividend Value ETF (SPDV) , First Trust S&P 500 Diversified Dividend Aristocrats ETF (RNDV) and Affinity World Leaders Equity ETF (WLDR) .

What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?

Hewlett Packard Enterprise updated its FY24 earnings guidance on Tuesday, November, 28th. The company provided earnings per share (EPS) guidance of $1.82-2.02 for the period, compared to the consensus estimate of $1.93.

What is Antonio Neri's approval rating as Hewlett Packard Enterprise's CEO?

1,708 employees have rated Hewlett Packard Enterprise Chief Executive Officer Antonio Neri on Glassdoor.com . Antonio Neri has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Hewlett Packard Enterprise own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ) , AT&T (T) , Intel (INTC) , Cisco Systems (CSCO) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Bank of America (BAC) , General Electric (GE) , Pfizer (PFE) and Micron Technology (MU) .

Who are Hewlett Packard Enterprise's major shareholders?

Hewlett Packard Enterprise's stock is owned by a number of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (2.55%), Victory Capital Management Inc. (1.32%), LSV Asset Management (1.24%), Morgan Stanley (1.24%), Northern Trust Corp (1.16%) and Invesco Ltd. (1.13%). Insiders that own company stock include Alan Richard May , Antonio F Neri , Gary M Reiner , Irv Rothman , Jean M Hobby , Jeff T Ricci , Jeremy Cox, John F Schultz, John F Schultz , Justin Hotard , Keerti Melkote, Keith Anderson, Kirt P Karros, Neil B Macdonald , Phil Mottram , Tarek Robbiati , Thomas E Black Jr and Thomas E Black, Jr . View institutional ownership trends .

How do I buy shares of Hewlett Packard Enterprise?

Shares of HPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Hewlett Packard Enterprise have any subsidiaries?

The following companies are subsidiares of Hewlett Packard Enterprise: 3Com International Inc., 3PAR Inc., Apogee, Aruba Networks Inc., Aruba Networks International Cayman, Aruba Networks International Limited, BlueData Software, Cloud Cruiser, Cloud Technology Partners, Cloud Technology Partners Inc., Compaq Computer (Mauritius), Compaq Trademark B.V., Cray, Cray Inc., EDS World Corporation (Far East) LLC, EYP Mission Critical Facilities Inc., H3C Holdings Limited, HP Enterprise Services Australia Pty Ltd, HP Financial Services (Australia) Pty Limited, HP Financial Services (Chile) Limitada, HP Financial Services (Japan) K.K., HP Financial Services Arrendamento Mercantil S.A., HP Financial Services Company (Korea), HP Financial Services International Holdings Company, HPE Government LLC, HPFS Global Holdings I LLC, HPFS Global Holdings II LLC, HPFS Rental S.R.L., Hangzhou H3C Technologies Co. Ltd, Hewlett Packard Caribe BV LLC, Hewlett Packard Colombia Ltda., Hewlett Packard Enterprise (China) Co. Ltd., Hewlett Packard Enterprise B.V., Hewlett Packard Enterprise B.V. Amstelveen Meyrin Branch, Hewlett Packard Enterprise Canada Co., Hewlett Packard Enterprise Canada Co. Hewlett Packard Enterprise Canada Cie, Hewlett Packard Enterprise Costa Rica Limitada, Hewlett Packard Enterprise GlobalSoft Private Limited, Hewlett Packard Enterprise India Private Limited, Hewlett Packard Enterprise Ireland Limited, Hewlett Packard Enterprise Luxembourg SCA, Hewlett Packard Enterprise Polska sp. z o.o., Hewlett Packard Pathfinder LLC, Hewlett Packard Taiwan Ltd., Hewlett-Packard (Israel) Ltd., Hewlett-Packard (M) Sdn. Bhd., Hewlett-Packard (Nigeria) Limited, Hewlett-Packard (Schweiz) GmbH, Hewlett-Packard (Tanzania) Limited, Hewlett-Packard (Thailand) Limited, Hewlett-Packard ApS, Hewlett-Packard Argentina S.R.L., Hewlett-Packard Asia Pacific Pte. Ltd., Hewlett-Packard Australia Pty Ltd, Hewlett-Packard Belgium SPRL/BVBA, Hewlett-Packard Bermuda Enterprises LLC, Hewlett-Packard Brasil Ltda., Hewlett-Packard Bulgaria EOOD, Hewlett-Packard Caribe B.V., Hewlett-Packard Caribe Y Andina B.V. LLC, Hewlett-Packard Chile Comercial Limitada, Hewlett-Packard Cyprus Ltd, Hewlett-Packard Ecuador Cia. Ltda., Hewlett-Packard Egypt Ltd., Hewlett-Packard Financial Services (India) Private Limited, Hewlett-Packard Financial Services Canada Company, Hewlett-Packard Financial Services Company, Hewlett-Packard France SAS, Hewlett-Packard G1 SPV (Cayman) Company, Hewlett-Packard Gesellschaft mbH, Hewlett-Packard Ghana Limited, Hewlett-Packard GmbH, Hewlett-Packard Guatemala Limitada, Hewlett-Packard HK SAR Ltd., Hewlett-Packard Hellas EPE, Hewlett-Packard Holdings Ltd., Hewlett-Packard International Bank Designated Activity Company, Hewlett-Packard International Bank Public Limited Company, Hewlett-Packard International Sàrl, Hewlett-Packard Italiana S.r.l., Hewlett-Packard Japan Ltd., Hewlett-Packard Korea Ltd., Hewlett-Packard Leasing Limited, Hewlett-Packard Limited, Hewlett-Packard Luxembourg Enterprises LLC, Hewlett-Packard Macau Limited, Hewlett-Packard Manufacturing Ltd, Hewlett-Packard Marigalante Ltd., Hewlett-Packard Mexico S. de R.L. de C.V., Hewlett-Packard Middle East FZ-LLC, Hewlett-Packard Moçambique Limitada - Sociedada em Liquidação, Hewlett-Packard Nederland B.V., Hewlett-Packard New Zealand, Hewlett-Packard Norge AS, Hewlett-Packard OY, Hewlett-Packard Operations Mexico S. de R.L. de C.V., Hewlett-Packard Peru S.R.L., Hewlett-Packard Philippines Corporation, Hewlett-Packard Portugal Lda., Hewlett-Packard SARL, Hewlett-Packard SIA, Hewlett-Packard Servicios España S.L., Hewlett-Packard Singapore (Sales) Pte. Ltd., Hewlett-Packard South Africa (Proprietary) Limited, Hewlett-Packard Sverige AB, Hewlett-Packard Technology Center Inc., Hewlett-Packard Teknoloji Çözümleri Limited Şirketi, Hewlett-Packard The Hague B.V., Hewlett-Packard Venezuela S.R.L., Hewlett-Packard Vision Limited, Hewlett-Packard d.o.o., Hewlett-Packard s.r.o., Limited Liability Company Hewlett Packard Enterprise, MapR Technologies, New H3C Technologies Co. Ltd., Niara Inc., Nimble Storage, Nimble Storage Inc., Nimble Storage Israel Ltd, Nimble Storage Japan GK, Nimble Storage UK Limited, Plexxi, RedPixie, SGI (Silicon Graphics), Sapphire Holding Co, Scytale, Shanghai Hewlett-Packard Co. Ltd., Silver Peak, SimpliVity, Sinope Holding B.V., Trilead, UAB ES Hague Lietuva, and Unis Huashan Technologies Co. Limited. Read More

Hewlett Packard Enterprise Stock Price, News & Analysis (NYSE:HPE)

$16.22

+0.10 (+0.62%)

(As of 12/8/2023 ET)

Compare

Today's Range: $16.09
▼
$16.40
50-Day Range: $15.13
▼
$17.44
52-Week Range: $13.65
▼
$18.14

Volume: 11.90 million shs
Average Volume: 11.79 million shs
Market Capitalization: $20.81 billion

P/E Ratio: 10.53
Dividend Yield: 2.96%
Price Target: $17.90

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 10.4% Upside
$17.90 Price Target
Short Interest: Healthy
2.71% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.11
Upright™ Environmental Score
News Sentiment: 0.98
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.39%
From $1.58 to $1.76 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Computer And Technology Sector

78th out of 586 stocks

Computers, Peripherals, & Software Industry

2nd out of 5 stocks

2.2

Analyst's Opinion

Consensus Rating
Hewlett Packard Enterprise has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.90, Hewlett Packard Enterprise has a forecasted upside of 10.4% from its current price of $16.22.
Amount of Analyst Coverage
Hewlett Packard Enterprise has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.71% of the float of Hewlett Packard Enterprise has been sold short.
Short Interest Ratio / Days to Cover
Hewlett Packard Enterprise has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Hewlett Packard Enterprise has recently increased by 10.91%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Hewlett Packard Enterprise pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hewlett Packard Enterprise has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Hewlett Packard Enterprise is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hewlett Packard Enterprise will have a dividend payout ratio of 27.27% next year. This indicates that Hewlett Packard Enterprise will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hewlett Packard Enterprise has received a 26.18% net impact score from Upright. Hewlett Packard seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Secure connectivity software", "Data center services", "IoT software", and "Database server software" products. See details.
Environmental Sustainability
The Environmental Impact score for Hewlett Packard Enterprise is -1.11.

3.3

News and Social Media Coverage

News Sentiment
Hewlett Packard Enterprise has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Hewlett Packard Enterprise this week, compared to 11 articles on an average week.
Search Interest
34 people have searched for HPE on MarketBeat in the last 30 days. This is an increase of 162% compared to the previous 30 days.
MarketBeat Follows
9 people have added Hewlett Packard Enterprise to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hewlett Packard Enterprise insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.53% of the stock of Hewlett Packard Enterprise is held by insiders.
Percentage Held by Institutions
81.15% of the stock of Hewlett Packard Enterprise is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Hewlett Packard Enterprise are expected to grow by 11.39% in the coming year, from $1.58 to $1.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hewlett Packard Enterprise is 10.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hewlett Packard Enterprise is 10.53, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 235.76.
Price to Earnings Growth Ratio
Hewlett Packard Enterprise has a PEG Ratio of 3.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hewlett Packard Enterprise has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hewlett Packard Enterprise Stock (NYSE:HPE)

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. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE Synergy; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Cray, HPE Apollo, and converged edge systems; and HPE Superdome Flex, HPE Nonstop, and HPE Integrity products. In addition, the company provides HPE Aruba product portfolio that includes hardware products, such as Wi-Fi access points, switches, and gateways; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company provides consultative-led services; HPE Ezmeral Container Platform; HPE Ezmeral Data Fabric; and Hewlett Packard Labs. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. The company was founded in 1939 and is headquartered in Spring, Texas.

HPE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HPE Stock News Headlines

December 5, 2023 | tmcnet.com

New KIOXIA RM7 Series Value SAS SSDs Debut on Hewlett Packard Enterprise Servers

December 4, 2023 | finance.yahoo.com

HPE Extends Ties With NVIDIA to Deliver Full-Stack GenAI Solution

December 10, 2023 | Autonomix (Ad)

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December 2, 2023 | finance.yahoo.com

Hewlett Packard Enterprise's (NYSE:HPE) Upcoming Dividend Will Be Larger Than Last Year's

December 2, 2023 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) Given Consensus Rating of "Hold" by Brokerages

December 1, 2023 | msn.com

HP Enterprise teams up with NVIDIA to offer GenAI computing solution

December 1, 2023 | finance.yahoo.com

HPE CEO talks Nvidia partnership, the future of AI

December 1, 2023 | finance.yahoo.com

HPE CEO outlines company's 'three distinct growth engines'

December 10, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

December 1, 2023 | msn.com

Morgan Stanley Upgrades Hewlett Packard Enterprise (HPE)

December 1, 2023 | finance.yahoo.com

Hewlett Packard Enterprise Company (NYSE:HPE) Q4 2023 Earnings Call Transcript

December 1, 2023 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) PT Raised to $16.00 at Morgan Stanley

December 1, 2023 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) Shares Gap Up After Better-Than-Expected Earnings

November 30, 2023 | finance.yahoo.com

Hewlett Packard Enterprise and Nvidia Extend Their AI Collaboration

November 30, 2023 | za.investing.com

Hewlett Packard Enterprise downside potential outweighed by enthusiasm for AI server upside - Morgan Stanley

November 30, 2023 | venturebeat.com

HPE discovers new vision for an AI-native architecture

November 30, 2023 | msn.com

HP Enterprise gets upgrade at Morgan Stanley

November 30, 2023 | bizjournals.com

HPE reports $29B in 2023 revenue, expects AI growth to continue next year

November 30, 2023 | businesswire.com

Ofinno Slashes Cloud Costs Up to 90% with HPE GreenLake

November 30, 2023 | businesswire.com

Hewlett Packard Enterprise Fuels Business Transformation With New AI-Native Architecture and Hybrid Cloud Solutions

November 30, 2023 | businesswire.com

Hewlett Packard Enterprise collaborates with NVIDIA to deliver an enterprise-class, full-stack GenAI solution

November 30, 2023 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) Price Target Cut to $15.00 by Analysts at Barclays

November 29, 2023 | markets.businessinsider.com

Hewlett Packard Enterprise Posts Upbeat Earnings, Joins Foot Locker, NetApp And Other Big Stocks Moving Higher On Wednesday

November 29, 2023 | msn.com

HP Enterprise jumps on earnings beat; analysts are mixed

November 29, 2023 | finance.yahoo.com

Korea Telecom Selects HPE Aruba Networking SD-WAN to Help Deliver Faster Global Connectivity for Enterprises via AWS Cloud WAN

November 29, 2023 | msn.com

Hewlett Packard (HPE) Q4 Earnings Beat Estimates, Sales Meet

November 29, 2023 | msn.com

HP Enterprise little changed amid earnings beat on AI bets

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/13/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/28/2023
Today: 12/10/2023
Ex-Dividend for 1/11 Dividend: 12/12/2023
Dividend Payable: 1/11/2024
Next Earnings (Estimated): 3/07/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computers, peripherals, & software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:HPE
CUSIP: N/A
CIK: 1645590
Web: www.hpe.com
Phone: (650) 687-5817
Fax: N/A
Employees: 60,200
Year Founded: 1939

Price Target and Rating

Average Stock Price Target: $17.90
High Stock Price Target: $21.00
Low Stock Price Target: $15.00
Potential Upside/Downside: +10.4%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.54
Trailing P/E Ratio: 10.53
Forward P/E Ratio: 10.27
P/E Growth: 3.14
Net Income: $2.03 billion
Net Margins: 6.95%
Pretax Margin: 7.65%
Return on Equity: 9.83%
Return on Assets: 3.60%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.87
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $29.14 billion
Price / Sales: 0.71
Cash Flow: $3.64 per share
Price / Cash Flow: 4.46
Book Value: $16.56 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 1,282,860,000
Free Float: 1,276,066,000
Market Cap: $20.81 billion
Optionable: Optionable
Beta: 1.25

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Key Executives

Mr. Antonio Fabio Neri (Age 56)
CEO, President & Director
Comp: $3.98M
Mr. John F. Schultz (Age 59)
Executive VP and Chief Operating & Legal Officer
Comp: $1.88M
Mr. Alan Richard May (Age 65)
Executive VP & Chief People Officer
Comp: $1.49M
Mr. Neil B. MacDonald (Age 55)
Executive VP & GM of Compute
Comp: $1.6M
Mr. Jeremy K. Cox (Age 46)
Senior VP, Controller, Chief Tax Officer, Principal Account Officer & Interim CFO
Ms. Fidelma M. Russo (Age 60)
Executive VP, GM of Hybrid Cloud & CTO
Mr. Rom Kosla
Chief Information Officer
Mr. Andrew Simanek
VP, Head of Investor Relations & Director
Mr. Glenn Leon
Chief Ethics & Compliance Officer, Senior VP and Deputy General Counsel
Ms. Jennifer Temple
Executive VP & Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Hewlett Packard Enterprise Stock? HPE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Hewlett Packard Enterprise was last updated on Sunday, December 3, 2023 at 4:28 PM.

Pros

Here are some ways that investors could benefit from investing in Hewlett Packard Enterprise:

Hewlett Packard Enterprise reported a higher-than-expected EPS of $0.49 for the last quarter, beating analysts' consensus estimates. This indicates strong financial performance and potential for future growth.
The company had a return on equity of 5.32%, which suggests that it is efficiently utilizing its shareholders' investments to generate profits.
Hewlett Packard Enterprise announced a quarterly dividend of $0.12 per share, representing a yield of 3.03%. This provides an opportunity for investors to earn regular income from their investment.
The recent insider selling by EVP Alan Richard May and CEO Antonio F. Neri could indicate confidence in the company's future prospects, as insiders typically sell their shares when they believe the stock is overvalued.
Hewlett Packard Enterprise has a consensus rating of "Moderate Buy" from analysts, with an average price target of $17.82. This suggests that there is potential for the stock price to increase in the future.

Cons

Investors should be bearish about investing in Hewlett Packard Enterprise for these reasons:

The net margin of Hewlett Packard Enterprise is 3.64%, which is relatively low compared to its competitors. This indicates that the company may have lower profitability.
The revenue growth of Hewlett Packard Enterprise was only 0.7% compared to the same quarter last year. This suggests that the company may be facing challenges in increasing its sales.
The stock price of Hewlett Packard Enterprise is subject to market volatility and may fluctuate based on market conditions and investor sentiment.
There is a risk of technological obsolescence in the technology industry, and Hewlett Packard Enterprise may face challenges in keeping up with rapid technological advancements.
Investors should carefully consider their investment objectives and risk tolerance before investing in Hewlett Packard Enterprise, as the stock market can be unpredictable and investments in individual stocks carry inherent risks.

HPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hewlett Packard Enterprise stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPE, but not buy additional shares or sell existing shares.
View HPE analyst ratings or view top-rated stocks.
What is Hewlett Packard Enterprise's stock price target for 2024?: 9 analysts have issued 12 month price objectives for Hewlett Packard Enterprise's stock. Their HPE share price targets range from $15.00 to $21.00. On average, they predict the company's stock price to reach $17.90 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for HPE or view top-rated stocks among Wall Street analysts.
How have HPE shares performed in 2023?: Hewlett Packard Enterprise's stock was trading at $15.96 on January 1st, 2023. Since then, HPE stock has increased by 1.6% and is now trading at $16.22.
View the best growth stocks for 2023 here.
Are investors shorting Hewlett Packard Enterprise?: Hewlett Packard Enterprise saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 34,660,000 shares, an increase of 10.9% from the October 31st total of 31,250,000 shares. Based on an average daily volume of 9,740,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.7% of the company's stock are sold short.
View Hewlett Packard Enterprise's Short Interest.
When is Hewlett Packard Enterprise's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our HPE earnings forecast.
How were Hewlett Packard Enterprise's earnings last quarter?: Hewlett Packard Enterprise (NYSE:HPE) issued its quarterly earnings results on Tuesday, November, 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The technology company earned $7.35 billion during the quarter, compared to analyst estimates of $7.36 billion. Hewlett Packard Enterprise had a net margin of 6.95% and a trailing twelve-month return on equity of 9.83%. Hewlett Packard Enterprise's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.23) earnings per share.
Read the conference call transcript.
How often does Hewlett Packard Enterprise pay dividends? What is the dividend yield for Hewlett Packard Enterprise?: Hewlett Packard Enterprise declared a quarterly dividend on Tuesday, November 28th. Investors of record on Wednesday, December 13th will be given a dividend of $0.13 per share on Thursday, January 11th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, December 12th. This is an increase from the stock's previous quarterly dividend of $0.12.
Read our dividend analysis for HPE.
Is Hewlett Packard Enterprise a good dividend stock?: Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.98%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 27.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HPE.

What ETFs hold Hewlett Packard Enterprise's stock?: ETFs with the largest weight of Hewlett Packard Enterprise (NYSE:HPE) stock in their portfolio include Adaptiv Select ETF (ADPV), Fidelity Cloud Computing ETF (FCLD), iShares Focused Value Factor ETF (FOVL), First Trust Cloud Computing ETF (SKYY), Nuveen ESG Mid-Cap Value ETF (NUMV), AAM S&P 500 High Dividend Value ETF (SPDV), First Trust S&P 500 Diversified Dividend Aristocrats ETF (RNDV) and Affinity World Leaders Equity ETF (WLDR).
What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?: Hewlett Packard Enterprise updated its FY24 earnings guidance on Tuesday, November, 28th. The company provided earnings per share (EPS) guidance of $1.82-2.02 for the period, compared to the consensus estimate of $1.93.
What is Antonio Neri's approval rating as Hewlett Packard Enterprise's CEO?: 1,708 employees have rated Hewlett Packard Enterprise Chief Executive Officer Antonio Neri on Glassdoor.com. Antonio Neri has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Hewlett Packard Enterprise own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), AT&T (T), Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), General Electric (GE), Pfizer (PFE) and Micron Technology (MU).
Who are Hewlett Packard Enterprise's major shareholders?: Hewlett Packard Enterprise's stock is owned by a number of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (2.55%), Victory Capital Management Inc. (1.32%), LSV Asset Management (1.24%), Morgan Stanley (1.24%), Northern Trust Corp (1.16%) and Invesco Ltd. (1.13%). Insiders that own company stock include Alan Richard May, Antonio F Neri, Gary M Reiner, Irv Rothman, Jean M Hobby, Jeff T Ricci, Jeremy Cox, John F Schultz, John F Schultz, Justin Hotard, Keerti Melkote, Keith Anderson, Kirt P Karros, Neil B Macdonald, Phil Mottram, Tarek Robbiati, Thomas E Black Jr and Thomas E Black, Jr.
View institutional ownership trends.
How do I buy shares of Hewlett Packard Enterprise?: Shares of HPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Hewlett Packard Enterprise have any subsidiaries?: The following companies are subsidiares of Hewlett Packard Enterprise: 3Com International Inc., 3PAR Inc., Apogee, Aruba Networks Inc., Aruba Networks International Cayman, Aruba Networks International Limited, BlueData Software, Cloud Cruiser, Cloud Technology Partners, Cloud Technology Partners Inc., Compaq Computer (Mauritius), Compaq Trademark B.V., Cray, Cray Inc., EDS World Corporation (Far East) LLC, EYP Mission Critical Facilities Inc., H3C Holdings Limited, HP Enterprise Services Australia Pty Ltd, HP Financial Services (Australia) Pty Limited, HP Financial Services (Chile) Limitada, HP Financial Services (Japan) K.K., HP Financial Services Arrendamento Mercantil S.A., HP Financial Services Company (Korea), HP Financial Services International Holdings Company, HPE Government LLC, HPFS Global Holdings I LLC, HPFS Global Holdings II LLC, HPFS Rental S.R.L., Hangzhou H3C Technologies Co. Ltd, Hewlett Packard Caribe BV LLC, Hewlett Packard Colombia Ltda., Hewlett Packard Enterprise (China) Co. Ltd., Hewlett Packard Enterprise B.V., Hewlett Packard Enterprise B.V. Amstelveen Meyrin Branch, Hewlett Packard Enterprise Canada Co., Hewlett Packard Enterprise Canada Co. Hewlett Packard Enterprise Canada Cie, Hewlett Packard Enterprise Costa Rica Limitada, Hewlett Packard Enterprise GlobalSoft Private Limited, Hewlett Packard Enterprise India Private Limited, Hewlett Packard Enterprise Ireland Limited, Hewlett Packard Enterprise Luxembourg SCA, Hewlett Packard Enterprise Polska sp. z o.o., Hewlett Packard Pathfinder LLC, Hewlett Packard Taiwan Ltd., Hewlett-Packard (Israel) Ltd., Hewlett-Packard (M) Sdn. Bhd., Hewlett-Packard (Nigeria) Limited, Hewlett-Packard (Schweiz) GmbH, Hewlett-Packard (Tanzania) Limited, Hewlett-Packard (Thailand) Limited, Hewlett-Packard ApS, Hewlett-Packard Argentina S.R.L., Hewlett-Packard Asia Pacific Pte. Ltd., Hewlett-Packard Australia Pty Ltd, Hewlett-Packard Belgium SPRL/BVBA, Hewlett-Packard Bermuda Enterprises LLC, Hewlett-Packard Brasil Ltda., Hewlett-Packard Bulgaria EOOD, Hewlett-Packard Caribe B.V., Hewlett-Packard Caribe Y Andina B.V. LLC, Hewlett-Packard Chile Comercial Limitada, Hewlett-Packard Cyprus Ltd, Hewlett-Packard Ecuador Cia. Ltda., Hewlett-Packard Egypt Ltd., Hewlett-Packard Financial Services (India) Private Limited, Hewlett-Packard Financial Services Canada Company, Hewlett-Packard Financial Services Company, Hewlett-Packard France SAS, Hewlett-Packard G1 SPV (Cayman) Company, Hewlett-Packard Gesellschaft mbH, Hewlett-Packard Ghana Limited, Hewlett-Packard GmbH, Hewlett-Packard Guatemala Limitada, Hewlett-Packard HK SAR Ltd., Hewlett-Packard Hellas EPE, Hewlett-Packard Holdings Ltd., Hewlett-Packard International Bank Designated Activity Company, Hewlett-Packard International Bank Public Limited Company, Hewlett-Packard International Sàrl, Hewlett-Packard Italiana S.r.l., Hewlett-Packard Japan Ltd., Hewlett-Packard Korea Ltd., Hewlett-Packard Leasing Limited, Hewlett-Packard Limited, Hewlett-Packard Luxembourg Enterprises LLC, Hewlett-Packard Macau Limited, Hewlett-Packard Manufacturing Ltd, Hewlett-Packard Marigalante Ltd., Hewlett-Packard Mexico S. de R.L. de C.V., Hewlett-Packard Middle East FZ-LLC, Hewlett-Packard Moçambique Limitada - Sociedada em Liquidação, Hewlett-Packard Nederland B.V., Hewlett-Packard New Zealand, Hewlett-Packard Norge AS, Hewlett-Packard OY, Hewlett-Packard Operations Mexico S. de R.L. de C.V., Hewlett-Packard Peru S.R.L., Hewlett-Packard Philippines Corporation, Hewlett-Packard Portugal Lda., Hewlett-Packard SARL, Hewlett-Packard SIA, Hewlett-Packard Servicios España S.L., Hewlett-Packard Singapore (Sales) Pte. Ltd., Hewlett-Packard South Africa (Proprietary) Limited, Hewlett-Packard Sverige AB, Hewlett-Packard Technology Center Inc., Hewlett-Packard Teknoloji Çözümleri Limited Şirketi, Hewlett-Packard The Hague B.V., Hewlett-Packard Venezuela S.R.L., Hewlett-Packard Vision Limited, Hewlett-Packard d.o.o., Hewlett-Packard s.r.o., Limited Liability Company Hewlett Packard Enterprise, MapR Technologies, New H3C Technologies Co. Ltd., Niara Inc., Nimble Storage, Nimble Storage Inc., Nimble Storage Israel Ltd, Nimble Storage Japan GK, Nimble Storage UK Limited, Plexxi, RedPixie, SGI (Silicon Graphics), Sapphire Holding Co, Scytale, Shanghai Hewlett-Packard Co. Ltd., Silver Peak, SimpliVity, Sinope Holding B.V., Trilead, UAB ES Hague Lietuva, and Unis Huashan Technologies Co. Limited.
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This page (NYSE:HPE) was last updated on 12/10/2023 by MarketBeat.com Staff

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