HPE stock: buy or sell?

HPE stock price: $9.17 -11.49% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

1

After climbing for 4 days, May 22nd Hewlett Packard Enterprise plunged a dreadful -11.49%, closing at $9.17. On Monday HPE rocketed an outstanding 8.81%.

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Financial Services, and Corporate Investments segments.

Should I buy HPE stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Hewlett Packard Enterprise stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Hewlett Packard Enterprise stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for HPE stock for the last 30 days.

HPE stock analysis

Daily outlook

After climbing for 4 sessions, May 22nd Hewlett Packard Enterprise plunged a dreadful -11.49%, closing at $9.17.

After climbing for 4 sessions, May 22nd Hewlett Packard Enterprise plunged a dreadful -11.49%, closing at $9.17. Since price and SMA200d lines crossed down on February, HPE fell $-5.70 per share (-38.33%).

HPE stock chart (daily)

Weekly outlook

After sliding a hair-raising -12.51% in a week last week, Hewlett Packard Enterprise closed this week at $9.17 and grew a slightly fine 0.66%. Early May HPE climbed an exceptional 7.51% in just one week.

Observing the weekly chart, price is in a simple uptrend, tested $8.62 level and now climbing back aiming its last top at $10.80. Since late January, when HPE stock price broke down the 40-weeks moving avarage line, it slid $-5.77 per share (-38.62%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

HPE stock chart (weekly)

HPE stock price history

HPE stock went public on October 19th, 2015 with a price of $9.531. Since then, HPE stock declined a -3.80%, with a yearly average of -1.00%.

1: Adjusted price after possible price splits or reverse-splits.

HPE stock historical price chart

HPE stock reached 52-week highs on November at $17.27, and all-time highs 2018-03-06 with a price of 18.22.

HPE stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for Hewlett Packard Enterprise stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Hewlett Packard Enterprise reported its latest financial data, posting a wonderful growth for the Earnings per Share (EPS) ratio. Experts were expecting $0.34 per share, but Hewlett Packard Enterprise posted $0.42.
HPE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.18n/a
2017-Q3-n/a0.31n/a
2017-Q42017-11-210.280.3110.7%
2018-Q12018-02-220.230.3447.8%
2018-Q22018-05-220.310.349.7%
2018-Q32018-08-280.380.4415.8%
2018-Q42018-12-040.430.454.7%
2019-Q12019-02-210.340.4223.5%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a more than good gain of 6.86% to $30,852.00 M dollars. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) appreciated a 4.99% to 6.18%.

Hewlett Packard Enterprise presents anual results in October, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Hewlett Packard Enterprise TTM sales up to January 2019 were $30,731.00 and earnings $649.00 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Hewlett Packard Enterprise business evolution since October 2018: Annual turnover up to January, compared to lastest yearly report, stayed steady a tight -0.39%. Regarding profit margin, Hewlett Packard Enterprise declined -4.07% to 6.18%

HPE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$57,330 M-$2,050 M3.6%-
2014$55,130 M-3.84%$1,650 M3.0%-19.51%
2014$55,123 M-0.01%$1,648 M3.0%-0.12%
2015$51,830 M-5.97%$2,460 M4.7%49.27%
2015$52,107 M0.53%$2,461 M4.7%0.04%
2016$30,330 M-41.79%$3,240 M10.7%31.65%
2016$30,280 M-0.16%$3,161 M10.4%-2.44%
2017$28,940 M-4.43%$436 M1.5%-86.21%
2017$28,871 M-0.24%$344 M1.2%-21.10%
2018$30,852 M6.86%$1,908 M6.2%454.65%
TTM $30,731 M-0.39%$649 M2.1%-65.99%

Quarterly financial results

Hewlett Packard Enterprise reported $7,553.00 M in sales for 2019-Q1, a -4.95% decline compared to previous quarter. Reported quarter income marked $177.00 million with a profit margin of 2.34%. Profit margin rocketed a 11.87% compared to previous quarter when profit margin was -9.53%. When comparing turnover to same quarter last year, Hewlett Packard Enterprise sales marked an ugly correction and depreciated a -1.58%.
HPE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$7,440 M-$-487 M-6.5%-
2017-Q3$8,250 M10.89%$248 M3.0%-150.92%
2017-Q4$7,660 M-7.15%$524 M6.8%111.29%
2018-Q1$7,674 M0.18%$1,436 M18.7%174.05%
2018-Q2$7,468 M-2.68%$778 M10.4%-45.82%
2018-Q3$7,764 M3.96%$451 M5.8%-42.03%
2018-Q4$7,946 M2.34%$-757 M-9.5%-267.85%
2019-Q1$7,553 M-4.95%$177 M2.3%-123.38%

Hewlett Packard Enterprise ownership

When you are planning to buy shares of a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Hewlett Packard Enterprise, 0.25% of all outstanding shares are owned by its staff.

Bearish positions for HPE stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Hewlett Packard Enterprise:

HPE
Market cap$11.8 B
Total shares1,290.0 M
Float shares1,280.0 M
  - Institutional holdings (%)85.7%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

HPE summary

Friday, May 22nd, 2020
Open$9.40
Close$9.17
Day range$9.03 - $9.66
Previous close$10.36
Session gain-11.49%
Average true range$0.53
50d mov avg$9.53
100d mov avg$11.78
200d mov avg$13.37
Daily pattern
Weekly pattern lb01a

Hewlett Packard Enterprise performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for Hewlett Packard Enterprise stock.
Stock3m6m12m
HPEHewlett Packard E...-34.64%-45.45%-34.08%

Hewlett Packard Enterprise competitors

Unfortunately, we could not find any public company that could be defined as Hewlett Packard Enterprise competitor. This doesn't mean Hewlett Packard Enterprise does not have any competitor in the market, it's just we could not detected it.

    Latest HPE stock news