Stock To Watch: Hawaiian Electric Industries, Inc. (NYSE:HE)


The leading market experts have placed a mean price target of $30.33 on Hawaiian Electric Industries, Inc. (NYSE:HE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.52 a share for the upcoming quarter and $1.71 for the current fiscal. Technical View The technical analysis of Hawaiian Electric Industries, I plainly substantiates that the 50-day moving average of Hawaiian Electric Industries, I is $33.11, and stock is hovering 0.84 or +2.52% distant from $33.11. It is noted that the 200-day MA is $30.86, and Hawaiian Electric Industries, I stock is $3.09 or +10.03% off from this point. Hawaiian Electric Industries, Inc. (NYSE:HE) 52-week high is $34.49 and the 52-week low is $27.02. This explains if the stock moves $-0.54, it will post a 52-week high. In event of $+25.65% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Hawaiian Electric Industries, I, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Hawaiian Electric Industries, Inc. (NYSE:HE) ratio came in at 22.83. The stock last ended the trading session at $33.95 and registered a market cap of $3.66B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Hawaiian Electric Industries, Inc. (NYSE:HE) PEG ratio is at 4.94.

1 Chart Pattern Every Investor Should Know

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