Hewlett Packard Enterprise Companys in-depth stock price analysis indicates that the stock price has rallied 2.92% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.15% . Looking at the past 52 week period, the stock price is up at 95.2% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Hewlett Packard Enterprise Company has a positive value of 30.51 compared to overall market. Hewlett Packard Enterprise Company (NYSE:HPE) has climbed 2.09% in the past week and advanced 4.58% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.26% and the outperformance has advanced to 2.71% for the last 4 weeks period.
Hewlett Packard Enterprise Company (NYSE:HPE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.09 points or 0.37% at $23.99 with 8,311,147 shares getting traded. Post opening the session at $24.08, the shares hit an intraday low of $23.98 and an intraday high of $24.26 and the price was in this range throughout the day. The company has a market cap of $39,939 million and the number of outstanding shares has been calculated to be 1,664,817,200 shares. The 52-week high of Hewlett Packard Enterprise Company (NYSE:HPE) is $24.79 and the 52-week low is $12.015.
Hewlett Packard Enterprise Co Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.60. The company had revenue of $12478.00 million for the quarter, compared to analysts expectations of $12828.99 million. The companys revenue was down -7.2 % compared to the same quarter last year.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Hewlett Packard Enterprise Co was Initiated by Guggenheim to Neutral on Jan 4, 2017. Company shares were Reiterated by Maxim Group on Dec 5, 2016 to Hold, Raises Price Target to $ 25 from a previous price target of $22 .Hewlett Packard Enterprise Co was Initiated by Gabelli & Co on Dec 5, 2016 to Buy, Price Target of the shares are set at $29.Company shares were Reiterated by Mizuho on Nov 23, 2016 to Neutral, Raises Price Target to $ 22 from a previous price target of $20 .Hewlett Packard Enterprise Co was Upgraded by Raymond James to Outperform on Nov 18, 2016.
Company has reported several Insider transactions to the SEC, on Dec 19, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 4,999 shares at 23.46 per share price.On Dec 15, 2016, Antonio F Neri (EVP and GM EG) sold 151,222 shares at 23.75 per share price.On Dec 15, 2016, Kirt P Karros (SVP, Finance & Treasurer) sold 3,191 shares at 23.75 per share price.
Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the companys largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.