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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 7 hold ratings and 3 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?

10 analysts have issued 12 month target prices for Hewlett Packard Enterprise's shares. Their HPE share price targets range from $14.00 to $20.00. On average, they predict the company's stock price to reach $17.91 in the next twelve months. This suggests a possible upside of 5.1% 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 2024?

Hewlett Packard Enterprise's stock was trading at $16.98 at the start of the year. Since then, HPE stock has increased by 0.4% and is now trading at $17.04. View the best growth stocks for 2024 here .

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,770,000 shares, an increase of 17.0% from the March 15th total of 23,740,000 shares. Based on an average trading volume of 15,710,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.2% of the company's shares 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 Tuesday, June 4th 2024. View our HPE earnings forecast .

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) posted its earnings results on Thursday, February, 29th. The technology company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The technology company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $7.09 billion. Hewlett Packard Enterprise had a trailing twelve-month return on equity of 9.12% and a net margin of 6.81%. The business's quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 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 Thursday, February 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.13 per share on Friday, April 12th. This represents a $0.52 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for HPE .

Is Hewlett Packard Enterprise a good dividend stock?

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 3.03%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 30.59% 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 Fidelity Cloud Computing ETF (FCLD) , iShares Focused Value Factor ETF (FOVL) , First Trust Cloud Computing ETF (SKYY) , First Trust S&P 500 Diversified Dividend Aristocrats ETF (RNDV) , AAM S&P 500 High Dividend Value ETF (SPDV) , Global X U.S. Cash Flow Kings 100 ETF (FLOW) , IQ U.S. Mid Cap R&D Leaders ETF (MRND) and Nuveen ESG Mid-Cap Value ETF (NUMV) .

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

Hewlett Packard Enterprise issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 1.820-1.920 for the period, compared to the consensus estimate of 1.920. The company issued revenue guidance of $29.1 billion-$29.7 billion, compared to the consensus revenue estimate of $29.5 billion.

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 many different retail and institutional investors. Top institutional shareholders include Grimes & Company Inc. (0.03%), Banque Cantonale Vaudoise (0.02%), IMC Chicago LLC (0.00%), Czech National Bank (0.02%), Meyer Handelman Co. (0.02%) and Alaska Permanent Fund Corp (0.01%). Insiders that own company stock include Alan Richard May , Antonio F Neri , Gary M Reiner , Irv Rothman , Jean M Hobby , Jeremy Cox , John F Schultz, John F Schultz , Justin Hotard , Keerti Melkote, Keith Anderson, Kirt P Karros, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. 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

NYSE:HPE

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

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$17.09

+0.06 (+0.35%)

(As of 11:40 AM ET)

Compare

Today's Range: $16.84
▼
$17.12
50-Day Range: $14.86
▼
$18.77
52-Week Range: $13.65
▼
$20.07

Volume: 1.92 million shs
Average Volume: 15.14 million shs
Market Capitalization: $22.22 billion

P/E Ratio: 11.79
Dividend Yield: 3.04%
Price Target: $17.91

Get Hewlett Packard Enterprise alerts:

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating: Hold
2.30 Rating Score
Upside/Downside: 5.1% Upside
$17.91 Price Target
Short Interest: Healthy
2.15% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.11
Upright™ Environmental Score
News Sentiment: 0.30
Based on 25 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.43%
From $1.40 to $1.70 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Computer And Technology Sector

118th out of 584 stocks

Computer & Office Equipment Industry

5th out of 13 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 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Hewlett Packard Enterprise has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.15% 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 1.8, 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 16.98%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Hewlett Packard Enterprise pays a meaningful dividend of 3.03%, 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 35.86%. 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 30.59% 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.

1.8

News and Social Media Coverage

News Sentiment
Hewlett Packard Enterprise has a news sentiment score of 0.30. 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 lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 25 news articles for Hewlett Packard Enterprise this week, compared to 12 articles on an average week.
Search Interest
Only 32 people have searched for HPE on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
MarketBeat Follows
Only 13 people have added Hewlett Packard Enterprise to their MarketBeat watchlist in the last 30 days. This is a decrease of -28% 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 0.40% of the stock of Hewlett Packard Enterprise is held by insiders.
Percentage Held by Institutions
80.78% 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 21.43% in the coming year, from $1.40 to $1.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hewlett Packard Enterprise is 11.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hewlett Packard Enterprise is 11.75, 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 220.92.
Price to Earnings Growth Ratio
Hewlett Packard Enterprise has a PEG Ratio of 3.17. 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 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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; HPE Alletra, HPE GreenLake, Zerto, HPE InfoSight, and HPE CloudPhysics storage products; HPE Cray EX, HPE Cray XD, and converged edge systems; and HPE Superdome Flex, HPE Nonstop, and HPE Integrity products. It also provides HPE Aruba products that includes hardware products, such as Wi-Fi access points, switches, and gateways; HPE Aruba Networking software and services comprising cloud-based management, network management and access control, analytics and assurance, software-defined wide-area networking, network security, analytics and assurance, and location services software; and professional and support services, as well as as-a-service and consumption models. In addition, the company offers leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of various IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others; consultative-led services; HPE Ezmeral Container Platform; HPE Ezmeral Software Container Platform and HPE Ezmeral Software Data Fabric; OpsRamp; 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

April 2, 2024 | marketbeat.com

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The artificial intelligence (AI) boom has accelerated revenues for various companies in the computer and technology sector. The obvious benefactor and leader of the AI wave is Nvidia Co. NASDAQ: NVDA, with its 90% market share of GPUs.

March 26, 2024 | marketbeat.com

Micron Technology Results Proves AI is Driving Storage Demand (HPE)

Micron Technology Inc. (NASDAQ: MU) is synonymous with memory chips, just as Nvidia Co. (NASDAQ: NVDA) is synonymous with artificial intelligence (AI).

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

April 18, 2024 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $19.00 at Wells Fargo & Company

April 18, 2024 | msn.com

HPE sues China's Inspur Group over server patents

April 17, 2024 | msn.com

HPE notches seventh consecutive session of loss

April 17, 2024 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: ASML Holding (ASML) and Hewlett Packard Enterprise (HPE)

April 17, 2024 | finance.yahoo.com

Defense Information Systems Agency selects HPE GreenLake for the Distributed Hybrid, Multi-Cloud Prototype to bring unified cloud experience to data centers

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

April 17, 2024 | businesswire.com

Defense Information Systems Agency selects HPE GreenLake for the Distributed Hybrid, Multi-Cloud Prototype to bring unified cloud experience to data centers

April 16, 2024 | msn.com

Hewlett Packard Enterprise starts rolling out made-in-India servers; plans to enhance local sourcing

April 16, 2024 | businesswire.com

AMB Sports and Entertainment Amps Up Event Experiences at Mercedes-Benz Stadium with Wi-Fi 6E from HPE

April 16, 2024 | msn.com

Hewlett Packard Enterprise unveils 'Made in India' servers

April 16, 2024 | americanbankingnews.com

Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $19.00 at Morgan Stanley

April 15, 2024 | reuters.com

Hewlett Packard Enterprise sues China's Inspur over server patents

April 15, 2024 | markets.businessinsider.com

Evaluating Hewlett Packard: Insights From 5 Financial Analysts

April 13, 2024 | americanbankingnews.com

StockNews.com Downgrades Hewlett Packard Enterprise (NYSE:HPE) to Hold

April 12, 2024 | markets.businessinsider.com

Hold Rating on Hewlett Packard Enterprise Amid AI Strategy Refinement and Market Positioning

April 12, 2024 | markets.businessinsider.com

Hewlett Packard Positioned For Growth, Golden Cross Sighted: 'Government Relationships' Will Come Into Play

April 11, 2024 | finance.yahoo.com

US Warns Agencies of Possible Breach Via Microsoft Hack

April 10, 2024 | forbes.com

Collaborative Robotics Enroute To Unicorn Status With $100M Financing

April 8, 2024 | tmcnet.com

R2 Semiconductor Files New Patent Infringement Lawsuit Against Intel In France

April 8, 2024 | americanbankingnews.com

Analyzing Hewlett Packard Enterprise (NYSE:HPE) & Intrusion (NASDAQ:INTZ)

April 4, 2024 | msn.com

Super Micro Computer vs. Hewlett Packard Enterprise: Which AI Server Stock Is a Better Buy?

April 3, 2024 | msn.com

Juniper Networks shareholders overwhelmingly approve HP Enterprise buyout

March 26, 2024 | finance.yahoo.com

Hewlett Packard Enterprise Leverages GenAI to Enhance AIOps Capabilities of HPE Aruba Networking Central Platform

March 23, 2024 | finance.yahoo.com

The one-year returns for Hewlett Packard Enterprise's (NYSE:HPE) shareholders have been , yet its earnings growth was even better

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 4/12 Dividend: 3/14/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Computer & office equipment
Sub-Industry: N/A
Current Symbol: NYSE:HPE
CUSIP: N/A
CIK: 1645590
Web: www.hpe.com
Phone: (650) 687-5817
Fax: N/A
Employees: 62,000
Year Founded: 1939

Price Target and Rating

Average Stock Price Target: $17.91
High Stock Price Target: $20.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +5.7%
Consensus Rating: Hold
Rating Score (0-4): 2.30
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.45
Trailing P/E Ratio: 11.69
Forward P/E Ratio: 12.11
P/E Growth: 3.17
Net Income: $2.03 billion
Net Margins: 6.81%
Pretax Margin: 7.44%
Return on Equity: 9.12%
Return on Assets: 3.36%

Debt

Debt-to-Equity Ratio: 0.37
Current Ratio: 0.89
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $29.14 billion
Price / Sales: 0.76
Cash Flow: $3.58 per share
Price / Cash Flow: 4.74
Book Value: $16.56 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 1,300,000,000
Free Float: 1,294,800,000
Market Cap: $22.04 billion
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. Antonio Fabio Neri (Age 57)
CEO, President & Director
Comp: $4.49M
Mr. John F. Schultz (Age 60)
Executive VP and Chief Operating & Legal Officer
Comp: $2.37M
Mr. Jeremy K. Cox (Age 46)
Senior VP, Corporate Controller, Chief Tax Officer & Principal Accounting Officer
Comp: $1.54M
Mr. Neil B. MacDonald (Age 55)
Executive VP and GM of Compute, HPC & AI
Comp: $1.34M
Mr. Philip J. Mottram (Age 55)
Executive VP & GM of Aruba/ HPE Intelligent Edge
Comp: $1.95M
Ms. Bethany Jean Mayer (Age 62)
Chief Integration Officer for Talent & Culture and Director
Comp: $47.92k
Ms. Marie E. Myers (Age 56)
Executive VP & CFO
Ms. Fidelma M. Russo (Age 61)
Executive VP, GM of Hybrid Cloud & CTO
Mr. Rom Kosla
Chief Information Officer
Mr. Jeffrey Thomas Kvaal
Head of Investor Relations

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

Pros

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

Hewlett Packard Enterprise reported earnings per share of $0.48 for the quarter, exceeding the consensus estimate by $0.03, indicating strong financial performance.
The company announced a quarterly dividend of $0.13 per share, providing investors with a steady income stream.
Hewlett Packard Enterprise offers a diverse range of products and services, including HPE ProLiant rack and tower servers, HPE Synergy, and HPE Aruba products, catering to various technology needs.
The company operates in multiple segments, such as Compute, HPC & AI, Storage, and Intelligent Edge, showcasing a broad market presence and potential for growth.
Hewlett Packard Enterprise's stock price has shown resilience, with analysts maintaining an average rating of "Hold" and an average target price of $17.45, indicating stability and potential upside.

Cons

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

Despite positive earnings, the company's revenue for the quarter was down 13.5% compared to the same period last year, signaling a decline in top-line growth.
Several analysts have downgraded their ratings on Hewlett Packard Enterprise, with price targets being lowered, indicating potential concerns about future performance.
The dividend payout ratio of 35.86% suggests that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth.
Market conditions and competition in the technology sector may pose challenges for Hewlett Packard Enterprise to maintain its market share and profitability.
The company's stock price has faced fluctuations, with uncertainties in the market impacting investor sentiment and creating volatility in the stock.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Hewlett Packard Enterprise pros and cons to contact@marketbeat.com.

HPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hewlett Packard Enterprise stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 7 hold ratings and 3 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?: 10 analysts have issued 12 month target prices for Hewlett Packard Enterprise's shares. Their HPE share price targets range from $14.00 to $20.00. On average, they predict the company's stock price to reach $17.91 in the next twelve months. This suggests a possible upside of 5.1% 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 2024?: Hewlett Packard Enterprise's stock was trading at $16.98 at the start of the year. Since then, HPE stock has increased by 0.4% and is now trading at $17.04.
View the best growth stocks for 2024 here.
Are investors shorting Hewlett Packard Enterprise?: Hewlett Packard Enterprise saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,770,000 shares, an increase of 17.0% from the March 15th total of 23,740,000 shares. Based on an average trading volume of 15,710,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.2% of the company's shares 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 Tuesday, June 4th 2024.
View our HPE earnings forecast.
How were Hewlett Packard Enterprise's earnings last quarter?: Hewlett Packard Enterprise (NYSE:HPE) posted its earnings results on Thursday, February, 29th. The technology company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The technology company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $7.09 billion. Hewlett Packard Enterprise had a trailing twelve-month return on equity of 9.12% and a net margin of 6.81%. The business's quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 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 Thursday, February 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.13 per share on Friday, April 12th. This represents a $0.52 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for HPE.
Is Hewlett Packard Enterprise a good dividend stock?: Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 3.03%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 30.59% 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 Fidelity Cloud Computing ETF (FCLD), iShares Focused Value Factor ETF (FOVL), First Trust Cloud Computing ETF (SKYY), First Trust S&P 500 Diversified Dividend Aristocrats ETF (RNDV), AAM S&P 500 High Dividend Value ETF (SPDV), Global X U.S. Cash Flow Kings 100 ETF (FLOW), IQ U.S. Mid Cap R&D Leaders ETF (MRND) and Nuveen ESG Mid-Cap Value ETF (NUMV).
What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?: Hewlett Packard Enterprise issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 1.820-1.920 for the period, compared to the consensus estimate of 1.920. The company issued revenue guidance of $29.1 billion-$29.7 billion, compared to the consensus revenue estimate of $29.5 billion.
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 many different retail and institutional investors. Top institutional shareholders include Grimes & Company Inc. (0.03%), Banque Cantonale Vaudoise (0.02%), IMC Chicago LLC (0.00%), Czech National Bank (0.02%), Meyer Handelman Co. (0.02%) and Alaska Permanent Fund Corp (0.01%). Insiders that own company stock include Alan Richard May, Antonio F Neri, Gary M Reiner, Irv Rothman, Jean M Hobby, Jeremy Cox, John F Schultz, John F Schultz, Justin Hotard, Keerti Melkote, Keith Anderson, Kirt P Karros, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 4/18/2024 by MarketBeat.com Staff

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