16 May

Comparing HPE’s Stock Price and Analysts’ Target

WRITTEN BY Aditya Raghunath

HPE’s historical stock returns

Hewlett Packard Enterprise (HPE) stock has returned 18% in the last 12 months. The stock has remained flat in the last month and the last five trading days. HPE stock rose 60% in 2016 and 8.5% in 2017. Year-to-date, it has risen ~21%. Peers IBM (IBM), VMware (VMW), NetApp (NTAP), and Microsoft (MSFT) have returned -5%, 49%, 70%, and 42%, respectively, in the last 12 months.

Comparing HPE’s Stock Price and Analysts’ Target

Analysts’ recommendations and price targets

Of the 27 analysts tracking HPE, nine recommend “buy,” 16 recommend “hold,” and two recommend “sell.” Analysts’ 12-month average price target for HPE is $19.13, and their median estimate is $19. HPE is trading at a 9.0% discount to analysts’ median estimate.

Moving averages

On May 15, HPE closed the trading day at $17.40. Based on that price, the stock is trading:

  • 2.8% above its 100-day moving average of $16.93
  • 2% below its 50-day moving average of $17.76
  • 0.2% above its 20-day moving average of $17.36
  • 37% above its 52-week low of $12.70
  • 11% below its 52-week high of $19.48

Relative strength index

HPE’s 14-day MACD (moving average convergence divergence) is -0.05. A stock’s MACD marks the difference between its short- and long-term moving averages. HPE’s negative MACD indicates a downward trading trend.

HPE has a 14-day RSI (relative strength index) score of 52, which shows that the stock is between oversold and overbought. An RSI score above 70 suggests a stock has been overbought, while an RSI score below 30 suggests it has been oversold.

Latest articles

US crude oil production has more than doubled since 2009 and grew by 1.1% over the last year. Currently, there are 133 operable refineries in the US.

The cannabis industry is fighting against the ongoing US-China trade war and recessionary worries, which have hurt valuations across the global market.

Higher revenues, increased ticket prices, and lower fuel costs are likely to drive American Airlines' Q3 earnings higher despite its Boeing MAX woes.

HEXO plans to report its Q4 earnings before the market opens on October 24. October has been tough for Hexo, with its stock falling 31.2% as of October 18.

Today, Advanced Micro Devices (AMD) rose 4% to over $32, making it one of the top Nasdaq gainers. Morgan Stanley raised its price target for AMD stock.

Early in 2019, President Donald Trump warned that China could overtake the US as a global power. He vowed that this would not happen under his leadership.