The Zacks Computer and Technology sector has fallen on tough times in 2022 amid a hawkish pivot from the Fed, down more than 30% and widely lagging behind the S&P 500.A widely-recognized name in the realm, Hewlett Packard Enterprise Company HPE, is on deck to unveil Q4 results on November 29th, after the market close.Hewlett-Packard Enterprise was formed due to the split of Hewlett-Packard Company into two separate entities – one focusing on the enterprise-facing hardware and service business and the other focusing on the consumer-facing computer and printer segments.HPE now focuses on the enterprise and service business-oriented company. In addition, the company carries a Zacks Rank #4 (Sell) with an overall VGM Score of C.How does everything stack up for the computer giant heading into the print? Let’s take a closer look.Share Performance & ValuationHPE shares have been a brighter spot in an otherwise dim market in 2022, up a modest 2.7% and easily outpacing the S&P 500.Image Source: Zacks Investment ResearchOver the last month, not much has changed; HPE shares have continued to outperform the market, up more than 15%.Image Source: Zacks Investment ResearchThe company’s forward earnings multiple currently sits at 10.9X, just a tick above its 10.7X five-year median and reflecting a 52% discount relative to the Zacks Computer and Technology sector.HPE sports a Stye Score of an A for Value.Image Source: Zacks Investment ResearchQuarterly EstimatesAnalysts have been bearish in their earnings outlook over the last several months, with three negative earnings estimate revisions hitting the tape. Still, the Zacks Consensus EPS Estimate of $0.57 indicates a 9.6% Y/Y uptick in earnings.Image Source: Zacks Investment ResearchThe company’s top-line looks to improve marginally; the Zacks Consensus Sales Estimate of $7.4 billion suggests a Y/Y increase of roughly 0.9%.Quarterly PerformanceHPE has posted mixed earnings results across its last four releases, exceeding EPS estimates twice. In its latest release, the company reported earnings in line with expectations.Revenue results paint a more negative picture; HPE has fallen short of sales estimates in five consecutive quarters. Below is a chart illustrating the company’s revenue on a quarterly basis.Image Source: Zacks Investment ResearchPutting Everything TogetherHPE shares have outperformed the general market across several timeframes in 2022, indicating that buyers have been consistently present.The company’s shares aren’t expensive by any stretch, with its forward earnings multiple just a tick above its five-year median but well below the Zacks Computer and Technology sector average.Analysts have been bearish in their earnings outlook, with estimates suggesting Y/Y upticks in both earnings and revenue.Further, the company has posted mixed bottom-line results as of late and has fallen short of revenue estimates in five consecutive quarters.Heading into the release, Hewlett Packard Enterprise Company HPE is a Zacks Rank #4 (Sell) and carries an overall VGM Score of a C. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research