Hawaiian Electric Industries (HE) Upgraded by Zacks Investment Research to Buy

Hawaiian Electric Industries stock has undergone multiple analysts rating changes in the recent past.  Hawaiian Electric Industries Upgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Hawaiian Electric Industries traded down -$1.35 on Monday, reaching $39.25. 1002370 shares of the stock traded hands, compared to its average volume of 460532. Shares of Hawaiian Electric Industries were trading at $39.25 on Monday. The firm’s 50 day moving average is $42.70 and its 200 day moving average is $40.86.Hawaiian Electric Industries has a 12 month low of $39.02 and a 12 month high of $45.97. While on yearly highs and lows, Hawaiian Electric Industries’s today has traded high as $40.37 and has touched $39.02 on the downward trend. See More Analyst Rating at: RATING

Hawaiian Electric Industries Earnings and What to expect: 

Hawaiian Electric Industries last released its earnings data on August 9th, 2021. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.38 by $0.20. The business had revenue of $680.26 million for the quarter. Hawaiian Electric Industries has generated $1.81 earnings per share over the last year ($2.22 diluted earnings per share) and currently has a price-to-earnings ratio of 17.7. Earnings for Hawaiian Electric Industries are expected to decrease by -0.47% in the coming year, from $2.15 to $2.14 per share. Hawaiian Electric Industries has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 5th, 2021 based off prior year’s report dates.

Earnings for Hawaiian Electric Industries are expected to decrease by -0.47% in the coming year, from $2.15 to $2.14 per share. The P/E ratio of Hawaiian Electric Industries is 17.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.67. The P/E ratio of Hawaiian Electric Industries is 17.68, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 13.83. Hawaiian Electric Industries has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued. Hawaiian Electric Industries has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Hawaiian Electric Industries (HE) Moving Average Technical Analysis

5 day Moving Average is $40.79 And 5 day price change is -$2.67 (-6.37%)  with average volume for 5 day average is 593,860. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $41.12 and 20 day price change is -$1.82 (-4.43%) and average 20 day moving volume is 550,395. 50 day moving average is $42.70  and 50 day price change is -$4.09 ( -9.44%)  and with average volume for 50 days is : 404,758. 200 day moving average is $40.86  and 200 day price change is $4.76 (13.80%)  and with average volume for 200 days is : 492,404.

Other owners latest trading in Hawaiian Electric Industries :

  • On 10/8/2021 shares held by Veriti Management LLC were 10,317 which equates to market value of $0.42M and appx 0.10% owners of Hawaiian Electric Industries
  • On 10/7/2021 shares held by First National Bank of South Miami were 850 which equates to market value of $35K and appx 0.00% owners of Hawaiian Electric Industries
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 47,832 which equates to market value of $1.95M and appx 0.00% owners of Hawaiian Electric Industries
  • In total Institutional ownership equates to Institutional Ownership Percentage: 52.63% for Hawaiian Electric Industries

See More Analyst Rating at: RATING