The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Hawaiian Electric Industries, Inc (NYSE: HE) was $12.96 for the day, up 0.54% from the previous closing price of $12.89. In other words, the price has increased by $0.54 from its previous closing price. On the day, 4.66 million shares were traded. HE stock price reached its highest trading level at $13.41 during the session, while it also had its lowest trading level at $12.87.
Ratios:
Our analysis of HE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on March 07, 2025, Upgraded its rating to Outperform and sets its target price to $14 from $12 previously.
On February 07, 2025, Barclays started tracking the stock assigning a Equal Weight rating and target price of $10. On December 03, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $11.50.Jefferies initiated its Hold rating on December 03, 2024, with a $11.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HE now has a Market Capitalization of 2237051648 and an Enterprise Value of 4685950464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.00 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 1.501 whereas that against EBITDA is 8.993.
Stock Price History:
The Beta on a monthly basis for HE is 0.71, which has changed by 0.11820531 over the last 52 weeks, in comparison to a change of 0.16844666 over the same period for the S&P500. Over the past 52 weeks, HE has reached a high of $13.18, while it has fallen to a 52-week low of $8.14. The 50-Day Moving Average of the stock is 16.79%, while the 200-Day Moving Average is calculated to be 23.97%.
Shares Statistics:
HE traded an average of 1.80M shares per day over the past three months and 2351390 shares per day over the past ten days. A total of 172.61M shares are outstanding, with a floating share count of 172.24M. Insiders hold about 0.22% of the company’s shares, while institutions hold 75.08% stake in the company. Shares short for HE as of 1755216000 were 6721424 with a Short Ratio of 3.73, compared to 1752537600 on 7842872. Therefore, it implies a Short% of Shares Outstanding of 6721424 and a Short% of Float of 3.9.
Earnings Estimates
The stock of Hawaiian Electric Industries, Inc (HE) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.87, with high estimates of $0.87 and low estimates of $0.87.
Analysts are recommending an EPS of between $1.01 and $0.92 for the fiscal current year, implying an average EPS of $0.96. EPS for the following year is $1.02, with 4.0 analysts recommending between $1.05 and $1.0.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for HE’s current fiscal year. The highest revenue estimate was $3.71B, while the lowest revenue estimate was $3.31B, resulting in an average revenue estimate of $3.51B. In the same quarter a year ago, actual revenue was $3.22BBased on 2 analysts’ estimates, the company’s revenue will be $3.6B in the next fiscal year. The high estimate is $3.8B and the low estimate is $3.4B.