Analyst Revises Hawaiian Electric Industries, Inc. (NYSE:HE) Stock Target


Hawaiian Electric Industries, Inc. (NYSE:HE) mean price target has been set at $30.330 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.520 in the near-term quarter and $1.710 for the ongoing fiscal. The market cap of Hawaiian Electric Industries, I was recorded at $3.66B after the stock closed at $33.955 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Hawaiian Electric Industries, Inc. (NYSE:HE) has a P/E ratio of 22.835. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Hawaiian Electric Industries, Inc. (NYSE:HE) PEG ratio sits at 5.000. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Hawaiian Electric Industries, I visibly illustrates that the 50-day MA of Hawaiian Electric Industries, I is $33.267, and stock is trading 0.688 or +2.068% distant from $33.267. The 200-day MA is $31.062, and this price is $2.893 or +9.313% off from current level. Hawaiian Electric Industries, Inc. (NYSE:HE) 52-week high is $34.490 and the 52-week low is $27.020. This represents that if the stock moves $-0.535 points up on the chart to make a 52-week high. But, if it declines $+25.666%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 17 times, 1 visits today)