Are Analysts Expecting A Better 2020 For Hawaiian Electric Industries, Inc. (HE)?

Hawaiian Electric Industries, Inc. (HE) concluded trading on Wednesday at a closing price of $10.45, with 2.95 million shares of worth about $30.84 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.96% during that period and on October 16, 2024 the price saw a gain of about 0.58%. Currently the company’s common shares owned by public are about 164.36M shares, out of which, 163.98M shares are available for trading.

Stock saw a price change of 9.65% in past 5 days and over the past one month there was a price change of -14.62%. Year-to-date (YTD), HE shares are showing a performance of -26.36% which decreased to -17.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.61 but also hit the highest price of $18.19 during that period. The average intraday trading volume for Hawaiian Electric Industries, Inc. shares is 4.92 million. The stock is currently trading 4.72% above its 20-day simple moving average (SMA20), while that difference is down -7.78% for SMA50 and it goes to -10.70% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Hawaiian Electric Industries, Inc. (NYSE: HE) currently have 164.36M outstanding shares and institutions hold larger chunk of about 43.52% of that.

The stock has a current market capitalization of $1.72B and its 3Y-monthly beta is at 0.55. It has posted earnings per share of -$10.55 in the same period. It has Quick Ratio of 3.69 while making debt-to-equity ratio of 3.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HE, volatility over the week remained 4.04% while standing at 4.72% over the month.

Stock’s fiscal year EPS is expected to drop by -16.91% while it is estimated to decrease by -23.30% in next year. EPS is likely to shrink at an annualized rate of -6.95% for next 5-years, compared to annual growth of -0.42% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on August 23, 2024 offering an Equal weight rating for the stock and assigned a target price of $14 to it. Coverage by Wells Fargo stated Hawaiian Electric Industries, Inc. (HE) stock as an Underweight in their note to investors on November 10, 2023, suggesting a price target of $8.50 for the stock. On August 18, 2023, Wells Fargo Upgrade their recommendations, while on August 18, 2022, BofA Securities Downgrade their ratings for the stock with a price target of $43. Stock get a Neutral rating from Guggenheim on January 20, 2022.

Most Popular

Related Posts