Hewlett Packard Enterprise Company with ticker code (HPE) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $21.00 and $14.00 with the average share target price sitting at $17.44. (at the time of writing). Now with the previous closing price of $17.94 this would imply there is a potential downside of -2.8%. It’s also worth noting that there is a 50 day moving average of $16.30 while the 200 day moving average is $16.61. The total market capitalization for the company now stands at 23.01B. The stock price is currently at: $17.70 USD
The potential market cap would be $22,365,771,860 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 12.21, revenue per share of $21.61 and a 2.61% return on assets.
Hewlett Packard Enterprise Company (HPE) is a technology company focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The Company operates through six segments: Compute, High Performance Computing & Artificial Intelligence (HPC & AI), Storage, Intelligent Edge, Financial Services (FS), and Corporate Investments and Other. Its Compute segments includes both general purpose servers for multi-workload computing and workload-optimized servers to deliver performance and value for applications. Its HPC & AI segment offers integrated systems comprised of software and hardware designed to address high-performance computing (HPC), artificial intelligence (AI), data analytics, and transaction processing workloads for customers globally. Intelligent Edge segment offers wired and wireless local area network (LAN), campus and data center switching, software-defined wide-area-network, network security, and associated services.