Alert: New Earnings Report (12/5/24)-Hewlett Packard Enterprise Co (NYSE: HPE).

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Hewlett Packard Enterprise Co (NYSE: HPE) has reported E.P.S. of $1.02 for its fourth fiscal quarter (ending October 31) versus $0.50 for the same period a year ago — an increase of 104%. For the latest four quarters through October 31, E.P.S. were $1.95 compared to $1.56 a year ago — an increase of 25%.

Recent Price Action

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On 12/5/24, Hewlett Packard Enterprise Co (NYSE: HPE) stock declined slightly by -0.5%, closing at $21.65. Moreover, exceptionally high trading volume at 220% of normal accompanied the decline. The stock has declined -2.2% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Hewlett Packard Enterprise has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Hewlett Packard Enterprise has a good Power Rating of 77 and a good Appreciation Score of 79, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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