In the latest trading session, 0.52 million Hawaiian Electric Industries, Inc (NYSE:HE) shares changed hands as the company’s beta touched 0.47. With the company’s most recent per share price at $10.89 changing hands around $0.07 or 0.65% at last look, the market valuation stands at $1.88B. HE’s current price is a discount, trading about -67.03% off its 52-week high of $18.19. The share price had its 52-week low at $7.61, which suggests the last value was 30.12% up since then.
Analysts gave the Hawaiian Electric Industries, Inc (HE) stock a consensus recommendation rating of Sell, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended HE as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Hawaiian Electric Industries, Inc’s EPS for the current quarter is expected to be 0.25.
Hawaiian Electric Industries, Inc (NYSE:HE) trade information
Instantly HE is in green as seen in intraday trades today. With action 0.46%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 11.92%, with the 5-day performance at 0.46% in the green. However, in the 30-day time frame, Hawaiian Electric Industries, Inc (NYSE:HE) is 21.13% up.
The consensus price target for the stock as assigned by Wall Street analysts is 15, meaning bulls need an upside of 27.4% from its recent market value. According to analyst projections, HE’s forecast low is 14 with 16 as the target high. To hit the forecast high, the stock’s price needs a -46.92% plunge from its current level, while the stock would need to soar -28.56% for it to hit the projected low.
Hawaiian Electric Industries, Inc (HE) estimates and forecasts
Year-over-year growth is forecast to reach 11.40% up from the last financial year.
The 2025 estimates are for Hawaiian Electric Industries, Inc earnings to increase by 6.50%, but the outlook for the next 5-year period is at 4.63% per year.
Hawaiian Electric Industries, Inc (NYSE:HE)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.1741% or 11.21 million shares worth $101.15 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 5.21 shares estimated at $57.58 million under it, the former controlled 3.02% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.73% of the shares, roughly 4.71 shares worth around $52.11 million.
