How to Buy Hewlett Packard Enterprise Co Stock
Hewlett Packard Enterprise Co
Hewlett Packard Enterprise Co is a communication equipment company located in California, United States, which is part of the Technology sector, and is traded under the ticker HPE on the NYSE exchange.
Hewlett Packard Enterprise Co stock last closed at $18.85, up 3.01% from the previous day, and has increased 10.43% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.06 percentage points. Hewlett Packard Enterprise Co stock is currently +30.31% from its 52-week low of $14.47, and -17.4% from its 52-week high of $22.82.
There are currently 1.3B shares of HPE outstanding. The market cap of HPE is $24.48B. In the past 24 hours, 17.08M HPE shares were traded.
How to Buy Hewlett Packard Enterprise Co Stock
Not sure how to invest in Hewlett Packard Enterprise Co stock? Here's how.
- Choose where to buy Hewlett Packard Enterprise Co stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Hewlett Packard Enterprise Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Analyze Hewlett Packard Enterprise Co stock: The Hewlett Packard Enterprise Co ticker symbol is HPE. Is Hewlett Packard Enterprise Co stock a good investment? Should you buy shares of HPE? How do HPE's underlying business fundamentals look? Do top analysts think Hewlett Packard Enterprise Co is a good buy? Why has HPE's stock price moved recently? (Hint: Our stock research tools can help you understand if HPE is a good stock to buy).
- Execute your HPE buy order: Decide if you will purchase HPE shares at the current market price or use a limit order to buy HPE stock at a given price.
- Get updates on your investment in HPE: Create a watchlist to get live updates on your position in Hewlett Packard Enterprise Co shares.
Step 1: Choose where to buy Hewlett Packard Enterprise Co stock
You will need an online brokerage account to access the NYSE market and buy HPE stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in HPE stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on a good online stock trading app, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your new investment account.
Step 4: Analyze Hewlett Packard Enterprise Co stock
After you have chosen the best place to buy Hewlett Packard Enterprise Co stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk and upside.
Hewlett Packard Enterprise Co stock data
Hewlett Packard Enterprise Co Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on HPE's stock page.
What is the fair value of HPE stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HPE's intrinsic value.
Using relative valuations measures:
- HPE may be undervalued based on its P/E ratio of 13.18x, relative to Communication Equipment industry P/E ratio of 29.43x
- HPE may be undervalued based on its P/B ratio of 1.11x, relative to Communication Equipment industry P/B ratio of 3.22x
- HPE could be overvalued based on its PEG ratio of 1.09x
You can do more valuation research on HPE's stock here.
A look at HPE Cashflows and Balance Sheet
Signs that HPE is financially healthy:
- HPE's operating cash flow of $5.15B allows it to safely service it's debt of $11.80B.
- Total HPE debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the HPE balance sheet.
- HPE earnings of $2.23B is not enough to cover its interest payments.
- HPE profit margin has gone up from 3.6% to 6.4% in the past year.
Signs that HPE is not financially healthy:
- HPE has a relatively high debt to equity ratio of 1.75.
- There are more short-term liabilities than short-term assets on the HPE balance sheet.
Is Hewlett Packard Enterprise Co stock a Buy, Hold, or Sell, according to analysts?
Out of 11 Equities analysts who give forecasts on HPE, the consensus analyst rating on Hewlett Packard Enterprise Co is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent HPE Analyst Recommendations
James Kelleher, a top 49% analyst from Argus Research upgrades HPE to a strong buy rating and announces their HPE price target of $26.00, on Jun 7, 2024.
Toni Sacconaghi, a bottom 8% analyst from Bernstein maintains HPE with a hold rating and raises their HPE price target from $17.00 to $19.00, on Jun 5, 2024.
Tim Long, a top 3% analyst from Barclays maintains HPE with a hold rating and raises their HPE price target from $14.00 to $20.00, on Jun 5, 2024.
Matthew Sheerin, a top 15% analyst from Stifel Nicolaus maintains HPE with a strong buy rating and raises their HPE price target from $18.00 to $22.00, on Jun 5, 2024.
Amit Daryanani, a top 3% analyst from Evercore ISI Group maintains HPE with a hold rating and raises their HPE price target from $18.00 to $22.00, on Jun 5, 2024.
You can dive deeper into what analysts are projecting on the Hewlett Packard Enterprise Co stock forecast page.
HPE Technicals
HPE Performance Numbers
Last year, HPE earnings were $1.86B. In the last 3 year, HPE's earnings have gone up by 93.22% per year. This was faster than the Communication Equipment industry average of 3.2%.
Last year, HPE revenue was $29.02B. In the past five year, HPE's revenue has increased by -0.57% per year. This was slower than the Communication Equipment industry average of 3.61%.
You can research HPE's earnings and revenue performance here.
Latest Insiders Trades at HPE
Over the last year, insiders at HPE have bought more shares than they have sold.
Neil B. MacDonald, EVP GM of Compute HPC AI of HPE, was the latest HPE insider to sell. They sold $493,000.00 worth of HPE shares on Sep 13, 2024.
Research more about who owns HPE stock here.
Does HPE provide a stable income stream?
Hewlett Packard Enterprise Co pays a dividend of 2.76%, compared to the Communication Equipment industry's average dividend yield of 2.74%. If you owned $1,000 of HPE stock, you would have been paid $27.59 in the past year.
Hewlett Packard Enterprise Co dividend payments have consistently grown over the past 9 years and have remained stable.
Dig into more data about Hewlett Packard Enterprise Co dividend yield and history here.
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Step 5: Execute your HPE buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Press the Open Trade button and your broker will place the order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in HPE
Now that you own some HPE shares, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to keep tabs on your HPE stock.
HPE Feed
How to Buy Stock in Hewlett Packard Enterprise Co
To reiterate, here are the 6 steps you need to take to buy Hewlett Packard Enterprise Co stock right now:
- Choose where to buy Hewlett Packard Enterprise Co stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Hewlett Packard Enterprise Co stock
- Execute your HPE buy order
- Get updates on your investment in HPE
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Hewlett Packard Enterprise Co, create your watchlist below.
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