Hewlett Packard Enterprise Company (HPE)
- Previous Close
20.59 - Open
20.50 - Bid 20.27 x 2900
- Ask 20.27 x 1400
- Day's Range
20.19 - 20.68 - 52 Week Range
14.47 - 20.68 - Volume
3,387,055 - Avg. Volume
15,841,258 - Market Cap (intraday)
26.52B - Beta (5Y Monthly) 1.19
- PE Ratio (TTM)
14.89 - EPS (TTM)
1.37 - Earnings Date Aug 27, 2024 - Sep 2, 2024
- Forward Dividend & Yield 0.52 (2.53%)
- Ex-Dividend Date Jun 18, 2024
- 1y Target Est
20.28
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 6/11/2024, which may include dividends or other distributions. Benchmark is
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Statistics: HPE
Valuation Measures
Market Cap
26.76B
Enterprise Value
35.34B
Trailing P/E
15.03
Forward P/E
10.93
PEG Ratio (5yr expected)
1.73
Price/Sales (ttm)
0.96
Price/Book (mrq)
1.23
Enterprise Value/Revenue
1.25
Enterprise Value/EBITDA
7.34
Financial Highlights
Profitability and Income Statement
Profit Margin
6.38%
Return on Assets (ttm)
2.48%
Return on Equity (ttm)
8.57%
Revenue (ttm)
28.31B
Net Income Avi to Common (ttm)
1.81B
Diluted EPS (ttm)
1.37
Balance Sheet and Cash Flow
Total Cash (mrq)
2.12B
Total Debt/Equity (mrq)
52.34%
Levered Free Cash Flow (ttm)
2.11B
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Research Reports: HPE
This is an important week for the financial markets, as the economic calendar is loaded with key inflation data.
This is an important week for the financial markets, as the economic calendar is loaded with key inflation data. The May CPI is out on Wednesday, the May PPI on Thursday, and the May Import Price Index on Friday. We also have an FOMC interest-rate decision (nothing expected) and Chairman Powell's press conference. According to the CME FedWatch Tool, the next real chance for Fed action is at the September 18 meeting, where the probability of a 25-basis-point (bps) cut is 45% versus 51% for no action. Both of the last two meetings in 2024 (11/7 and 12/18) show a higher probability that the fed funds rate will be cut by 25 bps, targeting the 5%-5.25% range.
Raising HPE to BUY on AI opportunity
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 TargetStocks closed nearly flat on Thursday ahead of the May monthly jobs report on
Stocks closed nearly flat on Thursday ahead of the May monthly jobs report on Friday. The Dow is modestly higher, with the Nasdaq Composite, the S&P 500 and Russell 2000 off slightly. The yield on the 10-year Treasury note fell to 4.28%. Gold and oil are trading higher today.
HPE Earnings: We Lift Our Valuation on Stronger Short-Term Growth, but Shares Look Overvalued
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, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
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