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. Yahoo Finance discussed the stock recently as it posted Hewlett Packard Enterprise Leverages GenAI to Enhance AIOps Capabilities of HPE Aruba Networking Central Platform.
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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 $23.40B. A total of 13.15 million shares were traded on the day, compared to an average of 15.91M 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
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 $0.50, resulting in a dividend yield of 2.78%, and it has a price to earnings (P/E) ratio of 12.40. 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 $20.07 and a low of $13.65.
As of this writing, HPE has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.43 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.
