- Previous Close
21.18 - Open
21.32 - Bid 21.70 x 2900
- Ask 21.98 x 3200
- Day's Range
21.30 - 21.96 - 52 Week Range
14.47 - 22.82 - Volume
12,938,190 - Avg. Volume
15,479,204 - Market Cap (intraday)
28.233B - Beta (5Y Monthly) 1.21
- PE Ratio (TTM)
15.42 - EPS (TTM)
1.41 - Earnings Date Dec 5, 2024
- Forward Dividend & Yield 0.52 (2.39%)
- Ex-Dividend Date Sep 19, 2024
- 1y Target Est
22.39
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.
www.hpe.com62,000
Full Time Employees
October 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: HPE
Trailing total returns as of 11/21/2024, which may include dividends or other distributions. Benchmark is
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Statistics: HPE
View MoreValuation Measures
Market Cap
27.51B
Enterprise Value
35.67B
Trailing P/E
15.02
Forward P/E
10.22
PEG Ratio (5yr expected)
5.11
Price/Sales (ttm)
0.96
Price/Book (mrq)
1.25
Enterprise Value/Revenue
1.23
Enterprise Value/EBITDA
7.35
Financial Highlights
Profitability and Income Statement
Profit Margin
6.39%
Return on Assets (ttm)
2.48%
Return on Equity (ttm)
8.67%
Revenue (ttm)
29.02B
Net Income Avi to Common (ttm)
1.86B
Diluted EPS (ttm)
1.41
Balance Sheet and Cash Flow
Total Cash (mrq)
3.11B
Total Debt/Equity (mrq)
53.70%
Levered Free Cash Flow (ttm)
1.91B
Research Analysis: HPE
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Research Reports: HPE
View MoreOctober Resets Economic, Interest Rate Expectations
The Portfolio Selector features the Argus Focus List, a group of 30 "best idea" stocks generated and regularly updated by Argus' analysts and investment policy committee. It also includes the director of research’s monthly investment strategy column, stock recommendations and sector picks, economic forecasts, and an asset allocation model. This month, the Focus List additions are AbbVie Inc (ABBV); Arista Networks Inc (ANET); Regions Financial Corp. (RF); Norwegian Cruise Line Hldgs Lt (NCLH) and the Focus List deletions are Capital One Financial Corp. (COF); Hewlett Packard Enterprise Co (HPE); Novo Nordisk (NVO); Target Corp (TGT).
Hewlett Packard Enterprise Earnings: No Surprises in Results, Maintaining Our Fair Value of $23
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company. Its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
RatingPrice TargetMargin concerns but strong AI momentum
Hewlett Packard Enterprise was spun out of Hewlett Packard Inc. (now known as HP Inc.) in November 2015. Hewlett Packard Enterprise provides core IT gear including high-performance computing and mission critical servers; industry standard servers; storage and networking gear; and financing services. In 2017, HPE spun off its IT outsourcing, BPO, and applications services unit and its noncore software business. Niche acquisitions include Nimble (all-flash storage), SimpliVity (converged infrastructure), and Cray (super-computing). In 2024, HPE announced the planned acquisition of Juniper Networks.
RatingPrice TargetThe major market indices are sharply lower and momentum is downward at midday.
The major market indices are sharply lower and momentum is downward at midday. The Nasdaq is taking the hardest hit. This follows the much-anticipated August Jobs report out this morning. Nonfarm payrolls came in at 142,000 for August, below expectations of 165,000. The unemployment rate edged back down to 4.2% after the surprise jump to 4.3% last month. The markets will continue to spend the day interpreting what this report signals for the health of the U.S. labor market, and how the Fed might interpret the bigger picture of the health of the economy. We at Argus forecast a 25 bps rate cut this month, followed by equal size cuts in November and December, so three cuts in total this year. We believe recent data reinforces our forecast.