Evercore ISI has recently raised Hawaiian Electric Industries Inc (HE) stock rating, as announced on March 7, 2025, according to Finviz. Earlier, on February 7, 2025, Barclays had initiated the stock to Equal Weight, setting a price target of $10. Jefferies also initiated Hold rating with a price target of $11.50. Additionally, Wells Fargo raised Equal Weight rating on August 23, 2024, with a target price of $14. Wells Fargo analysts, in their report published on November 10, 2023, also reduced Underweight rating and set a price target of $8 for Hawaiian Electric Industries Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Hawaiian Electric Industries Inc (HE) Stock Trading Recap
On Monday, Hawaiian Electric Industries Inc (HE) stock saw a modest uptick, ending the day at $10.05 which represents a slight increase of $0.38 or 3.93% from the prior close of $9.67. The stock opened at $9.77 and touched a low of $9.73 during the day, reaching a high of $10.08. The volume of shares traded was 1.90 million falling short of the average volume of 2.93 million.
Sponsored
HE Stock Performance and Moving Averages
In recent trading, Hawaiian Electric Industries Inc (HE) stock price has shown some volatility, fluctuating 3.40% over the last five trades and -10.59% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 2.55%, and it has gained 21.08% in the previous three months. Currently, HE is trading at -4.44%, -4.61%, and -7.14% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, HE, a Utilities sector stock, is trading -44.75% below its 52-week high but remains 32.15% above its 52-week low. The Average True Range (ATR) (14 days) of 0.50 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Hawaiian Electric Industries Inc’s Profitability and Valuation Ratios
Hawaiian Electric Industries Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -48.57% and a profit margin of -37.09%, with a gross margin of 2.55%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Hawaiian Electric Industries Inc’s market capitalization stands at $1.73 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 9.57. Additionally, the Price-to-Sales Ratio is 0.49, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.17, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.19% of Hawaiian Electric Industries Inc (HE)’s shares, while financial institutions hold 72.59%.
