The SVP of HPE, Thomas E. Black Jr. has already sold off close to 10,003 shares of the company stocks in a 26th May transaction. The average price at which these stocks were sold is $16.09, with the total value coming to $160,948.27. The SVP now has ownership over 27,667 shares of the company stocks with a valuation of around $445,162.03.
Quarterly Estimates Of HPE
The stocks of HPE traded on Wednesday at $0.19. The moving average price of the company over a period of 50 days is $16.10, with the moving average price of the company over a period of 200 days is $13.74. The year low of the company is $8.28, with the year high set at $16.74. The market cap of the company is $21.13 billion, with a -47.76 PE ratio along with a 3.50 PEG ratio. The debt-to-equity ratio of the company is 0.74, with a 0.90 current ratio, and a 0.74 quick ratio.
HPE previously released its quarterly earnings on the 1st of March. The EPS reported by the company during this period was $0.52, which was more than the consensus estimate of $0.41. The return on equity for the company is 8.72%, with a net margin of -1.61%. The revenue generated by the company during this period was $6.83 billion, which was more than the consensus estimate of $6.75 billion.
Quite a few research equities have commented on the stocks of HPE. Morgan Stanley has already increased the price target of the company to $17 with a rating of equal weight in a 14th April research report. Zacks Investment has gone the other way- and reduced the rating of the company from hold to strong sell with a price target of $14 in a Wednesday research report.