Hewlett Packard Enterprise Company Posts Strong Quarter — Shares Climb

Hewlett Packard Enterprise Company rose 3.8% during the afternoon session to $16.05 per share. As reported by Barrons: "HPE Posts Strong Quarter. Analysts Unsure if It's Just Playing 'Catch Up.' ..." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company belongs to the Technology sector, which has an average price to earnings (P/E) ratio of 26.5 and an average price to book (P/B) ratio of 5.57. In contrast, Hewlett Packard Enterprise Company has a trailing 12 month P/E ratio of 5.7 and a P/B ratio of 1.0.

Hewlett Packard Enterprise Company has moved 8.8% over the last year compared to -12.3% for the S&P 500 -- a difference of 21.1%. Hewlett Packard Enterprise Company has a 52 week high of $17.76 and a 52 week low of $11.9. At today's price of $16.05 per share, Hewlett Packard Enterprise Company is -1.29% away from its target price of $16.26, and on average, analysts give the stock a rating of buy. 2.8% of the company's shares are linked to short positions, and 84.9% of the shares are owned by institutional investors.

Here's an overview of HP's recent cash flows and operating margins:

Date Reported Cash Flow from Operations ($) Capital expenditures ($) Free Cash Flow ($) YoY Growth (%)
2022-10-31 4,463,000,000.0 -791,000,000.0 3,672,000,000.0 -36.98
2021-10-31 6,409,000,000.0 -582,000,000.0 5,827,000,000.0 55.97
2020-10-31 4,316,000,000.0 -580,000,000.0 3,736,000,000.0 -6.2
2019-10-31 4,654,000,000.0 -671,000,000.0 3,983,000,000.0 n/a
Date Reported Total Revenue ($) Operating Expenses ($) Operating Margins (%) YoY Growth (%)
2022-10-31 62,983,000,000.0 57,733,000,000.0 8.34 -8.85
2021-10-31 63,487,000,000.0 57,676,000,000.0 9.15 30.71
2020-10-31 56,639,000,000.0 52,674,000,000.0 7 -3.58
2019-10-31 58,756,000,000.0 54,491,000,000.0 7.26 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.