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In the last session, Hewlett Packard Enterprise Company (NYSE: HPE) traded shares stood at 1.65 million, with the company’s beta value reaching 1.22. As of the last check today, the stock price was $ 14.10, reflecting an intraday gain of 0.61% or $ 0.08. The 52-week high for HPE stock is $ 16.74, which puts it down -18.72 from that high, although it remains a striking 41.28% gain since the stock price fell to a 52-week low at $ 8.28. The company’s market capitalization is $ 18.59 billion, and the average trading volume was 9.49 million shares in the past three months.
Hewlett Packard Enterprise Company (HPE) has received a consensus recommendation to suspend from analysts. This translates to an average score of 2.60. HPE has a sell rating of 2 out of 24 analyst (s) who have reviewed this stock. 13 analysts recommend keeping the stock while 2 suggest an overweighting and 7 recommend a buy rating for it. 0 analyst (s) have rated the underweight stock. The company’s earnings per share (EPS) for the current quarter is expected to be $ 0.42.
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Hewlett Packard Enterprise Company (HPE) was up 0.61% in the last session and traded in the red for the last 5 sessions. The stock climbed 0.61% in intraday trading to $ 14.10 on Thursday 7/22/21, hitting a weekly high. The 5-day share price performance is -0.36%, and it has moved -4.04% in 30 days. Based on these concerts, the overall price performance for the year is 43.79%.
The Wall Street analysts’ consensus price target is $ 17.21, which implies an 18.07% increase in the stock’s current value. The extremes of the forecast result in a low target price and a high target price of $ 13.00 and $ 20.00 respectively. As a result, HPE is trading at a discount of -41.84% from the high target and 7.8% from the low.
Hewlett Packard Enterprise Company (HPE) Estimates and Forecasts
Statistics show that Hewlett Packard Enterprise Company has outperformed its competitors in terms of share price, relative to the industry in which it operates. Hewlett Packard Enterprise Company (HPE) shares have risen 14.36% in the past six months, with an above-average annual growth rate of 40.00% from -9.00. Still, analysts are raising their growth forecast for fiscal 2021. Revenue is expected to rise 31.20% this quarter and then jump 32.40% in the following quarter. In the projections of the rating agencies, the turnover will increase by 3.00% compared to the previous year.
Revenue for the current quarter is expected to reach $ 6.91 billion, as predicted by 17 analysts. Meanwhile, a consensus of 17 analysts estimates revenue growth at $ 7.33 billion by the end of October 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s profits have declined by approximately -16.80%. While profits are expected to return -122.10% in 2021, the next five years will return 11.60% per year.
HPE dividends
Hewlett Packard Enterprise Company is due to release its next quarterly results between August 23 and August 27. However, it is important to remember that the dividend yield ratio is only an indicator intended only to serve as a guide. Investors should also consider other fundamental and operational aspects before investing in the security. The forward dividend ratio for Hewlett Packard Enterprise Company is 0.48, with a dividend yield of 3.42%, continuing the trend of increasing dividends in recent years.
Principal holders of Hewlett Packard Enterprise Company (NYSE: HPE)
Insiders of Hewlett Packard Enterprise Company own 0.29% of the total shares outstanding while institutional holders control 83.62%, with the free float percentage being 83.87%. Dodge & Cox Inc is the company’s largest shareholder, with 1,058 institutions holding shares. As of March 30, 2021, the company owned more than 155.96 million shares (or 11.94% of all shares), with a total value of $ 2.45 billion in shares.
The second largest institutional holding, with 145.15 million shares, is that of Vanguard Group, Inc. (The) which represents approximately 11.11% of the outstanding shares. At market price on March 30, 2021, these shares were valued at $ 2.28 billion.
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Additionally, the leading mutual funds with the largest holdings of Hewlett Packard Enterprise Company (HPE) stocks are the Dodge & Cox Stock Fund and the Vanguard Total Stock Market Index Fund. Data provided on March 30, 2021 indicates that Dodge & Cox Stock Fund holds approximately 96.76 million shares. That’s just over 7.41 percent of the company’s overall shares, with a market value of $ 1.52 billion. The same data shows that the other fund manager owns slightly less at 36.41 million, or about 2.79% of the stock, which is worth around $ 573.13 million.
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