A number of research firms have changed their ratings and price targets for Hawaiian Electric Industries (NYSE: HE):
- 8/16/2024 – Hawaiian Electric Industries was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
- 8/14/2024 – Hawaiian Electric Industries had its “in-line” rating reaffirmed by analysts at Evercore ISI. They now have a $16.00 price target on the stock.
- 8/12/2024 – Hawaiian Electric Industries had its price target raised by analysts at Wells Fargo & Company from $9.00 to $14.00. They now have an “underweight” rating on the stock.
- 8/7/2024 – Hawaiian Electric Industries was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 8/5/2024 – Hawaiian Electric Industries had its price target raised by analysts at Evercore ISI from $11.00 to $16.00. They now have an “in-line” rating on the stock.
- 7/16/2024 – Hawaiian Electric Industries was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
- 7/2/2024 – Hawaiian Electric Industries was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 6/21/2024 – Hawaiian Electric Industries was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
Hawaiian Electric Industries Trading Down 8.7 %
HE traded down $1.16 during mid-day trading on Monday, hitting $12.21. 4,653,585 shares of the stock were exchanged, compared to its average volume of 3,153,109. The firm’s fifty day moving average is $12.20 and its two-hundred day moving average is $11.63. Hawaiian Electric Industries, Inc. has a 1-year low of $7.61 and a 1-year high of $18.19. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 1.19. The company has a market cap of $1.35 billion, a PE ratio of 7.22 and a beta of 0.57.
Hawaiian Electric Industries (NYSE:HE – Get Free Report) last posted its earnings results on Friday, August 9th. The utilities provider reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.05). The firm had revenue of $792.30 million for the quarter. Hawaiian Electric Industries had a return on equity of 9.58% and a net margin of 5.16%. The company’s revenue for the quarter was down .2% on a year-over-year basis.
Institutional Inflows and Outflows
Hawaiian Electric Industries, Inc, together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai.
Read More
- Five stocks we like better than Hawaiian Electric Industries
- Investing in the High PE Growth Stocks
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- 2 Option Strategies to Maximize Profits in a Bear Market
- Stock Market Sectors: What Are They and How Many Are There?
- Lululemon Stock Gears Up for a Massive Comeback Rally
Receive News & Ratings for Hawaiian Electric Industries Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawaiian Electric Industries Inc and related companies with MarketBeat.com's FREE daily email newsletter.