At the time of writing, Hawaiian Electric Industries, Inc [HE] stock is trading at $10.76, down -1.91%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HE shares have gain 3.96% over the last week, with a monthly amount glided 17.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hawaiian Electric Industries, Inc [NYSE: HE] stock has seen the most recent analyst activity on February 07, 2025, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $10. Previously, Jefferies started tracking the stock with Hold rating on December 03, 2024, and set its price target to $11.50. On August 23, 2024, upgrade upgraded it’s rating to Equal Weight but maintained its price target of $14 on the stock. Wells Fargo downgraded its rating to a Underweight and increased its price target to $8.50 on November 10, 2023. Wells Fargo upgraded its rating to a Equal Weight and reduced its price target to $8 on August 18, 2023. BofA Securities downgraded its rating to Underperform for this stock on August 18, 2022, but kept the price target unchanged to $43. In a note dated January 20, 2022, Guggenheim upgraded an Neutral rating on this stock but restated the target price of $41.
For the past year, the stock price of Hawaiian Electric Industries, Inc fluctuated between $7.61 and $18.19. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Hawaiian Electric Industries, Inc [NYSE: HE] shares were valued at $10.76 at the most recent close of the market. An investor can expect a potential return of 39.41% based on the average HE price forecast.
Analyzing the HE fundamentals
According to Hawaiian Electric Industries, Inc [NYSE:HE], the company’s sales were 3.53B for trailing twelve months, which represents an -16.87% plunge. Gross Profit Margin for this corporation currently stands at -0.45% with Operating Profit Margin at -0.45%, Pretax Profit Margin comes in at -0.48%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.7 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.58 points at the first support level, and at 10.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.02, and for the 2nd resistance point, it is at 11.29.
Ratios To Look Out For
It is important to note that Hawaiian Electric Industries, Inc [NYSE:HE] has a current ratio of 5.56. In addition, the Quick Ratio stands at 5.56 and the Cash Ratio stands at 1.47. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 1.18.
