After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that HPE Aruba Networking Positioned as a Leader for 18th Consecutive Time in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure Report.
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Stocks Info
HPE belongs to the Technology sector of the NYSE while operating in the Communication Equipment industry. The current market capitalization of Hewlett Packard Enterprise Co is $23.45B. A total of 19.1 million shares were traded on the day, compared to an average of 13.96M shares.
In the most recent transaction, Major Kristin K sold 24,722 shares of HPE for 19.01 per share on Mar 06 ’24. After the transaction, the EVP, Chief People Officer now owns 0 company shares. In a previous transaction on Mar 05 ’24, Gold Gerri sold 13,399 shares at 18.01 per share. HPE shares that EVP, Pres & CEO Financial Serv owns now total 79,865.
Among the insiders who sold shares, REINER GARY M disposed of 70,000 shares on Mar 04 ’24 at a per-share price of $17.22. This resulted in the Director holding 181,686 shares of HPE after the transaction. In another insider transaction, Cox Jeremy sold 1,773 shares at $16.93 per share on Dec 20 ’23. Company shares held by the SVP, Controller, CTO & CFO now total 14,374.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Hewlett Packard Enterprise Co pays an annual dividend of $0.49, resulting in a dividend yield of 2.72%, and it has a price to earnings (P/E) ratio of 12.42. 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HPE has a high of $20.07 and a low of $13.65.
As of this writing, HPE has an earnings estimate of $0.4 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
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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
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. 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.
