Hawaiian Electric Industries, Inc (HE) concluded trading on Wednesday at a closing price of $10.85, with 6.38 million shares of worth about $69.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.17% during that period and on February 12, 2025 the price saw a gain of about 7.53%. Currently the company’s common shares owned by public are about 172.47M shares, out of which, 172.13M shares are available for trading.
Stock saw a price change of 14.33% in past 5 days and over the past one month there was a price change of 30.72%. Year-to-date (YTD), HE shares are showing a performance of 11.51% which decreased to -17.11% 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 2.89 million. The stock is currently trading 16.03% above its 20-day simple moving average (SMA20), while that difference is up 12.98% for SMA50 and it goes to 0.99% higher than SMA200.
Hawaiian Electric Industries, Inc (NYSE: HE) currently have 172.47M outstanding shares and institutions hold larger chunk of about 78.90% of that.
The stock has a current market capitalization of $1.87B and its 3Y-monthly beta is at 0.50. It has posted earnings per share of -$11.83 in the same period. It has Quick Ratio of 5.56 while making debt-to-equity ratio of 2.41. 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 7.05% while standing at 4.73% over the month.
Stock’s fiscal year EPS is expected to drop by -16.98% while it is estimated to decrease by -39.85% in next year. EPS is likely to shrink at an annualized rate of -20.15% 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 Barclays on February 07, 2025 offering an Equal weight rating for the stock and assigned a target price of $10 to it. Coverage by Jefferies stated Hawaiian Electric Industries, Inc (HE) stock as a Hold in their note to investors on December 03, 2024, suggesting a price target of $11.50 for the stock. On August 23, 2024, Wells Fargo Upgrade their recommendations, while on November 10, 2023, Wells Fargo Downgrade their ratings for the stock with a price target of $8.50. Stock get an Equal weight rating from Wells Fargo on August 18, 2023.
