After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Hewlett Packard Enterprise Reports Fiscal 2024 First Quarter Results.
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Stocks Info
This NYSE-listed company operates within the Communication Equipment industry segment, falling under the Technology sector. The current market capitalization of Hewlett Packard Enterprise Co is $22.29B. A total of 41.12 million shares were traded on the day, compared to an average of 12.09M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, HPE has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 32 BUYs and 25 SELLs from insiders. Insiders purchased 1,328,061 shares during that period but sold 2,048,774.
In the most recent transaction, Cox Jeremy sold 1,773 shares of HPE for 16.93 per share on Dec 20. After the transaction, the SVP, Controller, CTO & CFO now owns 14,374 company shares. In a previous transaction on Dec 18, Mottram Phil sold 50,428 shares at 16.77 per share. HPE shares that EVP, GM, Intelligent Edge owns now total 26,466.
Among the insiders who sold shares, Karros Kirt P disposed of 26,130 shares on Dec 14 at a per-share price of $17.00. This resulted in the SVP, Treasurer & IR holding 0 shares of HPE after the transaction. In another insider transaction, Cox Jeremy sold 15,560 shares at $16.90 per share on Dec 14. Company shares held by the SVP, Controller, CTO & CFO now total 14,374.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Hewlett Packard Enterprise Co pays an annual dividend of $0.49, resulting in a dividend yield of 2.86%, and it has a price to earnings (P/E) ratio of 11.84. HPE’s most recent ex-dividend date was 3/14/2024 when it declared a $0.13 quarterly dividend that was paid in cash on 4/12/2024. Previously, the company paid the dividend on 1/11/2024 with an ex-dividend date of 12/12/2023. The HPE stock dividend was $0.13 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, HPE has a high of $18.14 and a low of $13.65.
As of this writing, HPE has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.46 per share and a lower estimate of $0.36. The company reported an EPS of $0.52 in the last quarter, which was 4.00% higher than expectations of $0.5.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. HPE’s latest balance sheet shows that the firm has $4.00B in Cash & Short Term Investments as of fiscal 2021. There were $14.58B in debt and $20.69B in liabilities at the time. Its Book Value Per Share was $16.47, while its Total Shareholder’s Equity was $20.02B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HPE is Buy with a score of 3.21.
