Hewlett Packard Enterprise Co (NYSE:HPE) has a beta value of 1.21 and has seen 3.72 million shares traded in the recent trading session. The company, currently valued at $27.01B, closed the recent trade at $20.78 per share which meant it lost -$0.34 on the day or -1.59% during that session. The HPE stock price is -9.82% off its 52-week high price of $22.82 and 30.37% above the 52-week low of $14.47. The 3-month trading volume is 17.22 million shares.
Hewlett Packard Enterprise Co (NYSE:HPE) trade information
Sporting -1.59% in the red today, the stock has traded in the red over the last five days, when the HPE stock price touched $20.78 or saw a rise of 2.53%. Year-to-date, Hewlett Packard Enterprise Co shares have moved 22.41%, while the 5-day performance has seen it change -0.65%. Over the past 30 days, the shares of Hewlett Packard Enterprise Co (NYSE:HPE) have changed 15.79%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Hewlett Packard Enterprise Co (HPE) estimates and forecasts
Figures show that Hewlett Packard Enterprise Co shares have underperformed across the wider relevant industry. The company’s shares have gained 22.77% over the past 6 months, with this year growth rate of -11.16%, compared to 7.40% for the industry. Revenue growth from the last financial year stood is estimated to be 2.10%.
10 analysts offering their estimates for the company have set an average revenue estimate of 7.66B for the current quarter. 10 have an estimated revenue figure of 8.17B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.61% over the past 5 years. Earnings growth for 2024 is a modest -10.55% while over the next 5 years, the company’s earnings are expected to increase by 3.70%.
HPE Dividends
Hewlett Packard Enterprise Co is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.51 at a share yield of 2.45%. The company’s dividend yield has gone up over the past 12 months.
Hewlett Packard Enterprise Co (NYSE:HPE)’s Major holders
Insiders own 0.59% of the company shares, while shares held by institutions stand at 85.16% with a share float percentage of 85.66%. Investors are also buoyed by the number of investors in a company, with Hewlett Packard Enterprise Co having a total of 1,268 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 161.85 shares worth more than $3.34 billion. As of Mar 31, 2024, Vanguard Group Inc held 12.45% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 121.3 shares as of Mar 31, 2024. The firm’s total holdings are worth over $2.5 billion and represent 9.33% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Dodge & Cox Stock Fund. As of Mar 31, 2024, the former fund manager holds about 3.15% shares in the company for having 40.9 shares of worth $843.37 million while later fund manager owns 37.6 shares of worth $775.34 million as of Mar 31, 2024, which makes it owner of about 2.89% of company’s outstanding stock.
