In the past week, HE stock has gone up by 8.27%, with a monthly gain of 21.01% and a quarterly surge of 3.97%. The volatility ratio for the week is 5.10%, and the volatility levels for the last 30 days are 4.89% for Hawaiian Electric Industries, Inc The simple moving average for the last 20 days is 11.18% for HE stock, with a simple moving average of 2.20% for the last 200 days.
Is It Worth Investing in Hawaiian Electric Industries, Inc (NYSE: HE) Right Now?
The stock has a 36-month beta value of 0.48. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for HE is 171.90M, and at present, short sellers hold a 6.82% of that float. On February 25, 2025, the average trading volume of HE was 3.05M shares.
HE) stock’s latest price update
Hawaiian Electric Industries, Inc (NYSE: HE)’s stock price has plunge by 2.23relation to previous closing price of 10.76. Nevertheless, the company has seen a 8.27% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-21 that Hawaiian Electric Industries, Inc. (NYSE:HE ) Q4 2024 Results Earnings Conference Call February 21, 2025 4:30 PM ET Company Participants Mateo Garcia – Director of Investor Relations Scott Seu – President and Chief Executive Officer Scott DeGhetto – Executive Vice President, Chief Financial Officer and Treasurer Paul Ito – Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Michael Lonegan – Evercore ISI Julien Dumoulin-Smith – Jefferies Operator Hello. And welcome to the Fourth Quarter 2024 Hawaiian Electric Industries, Inc. Earnings Conference Call.
Analysts’ Opinion of HE
Many brokerage firms have already submitted their reports for HE stocks, with Barclays repeating the rating for HE by listing it as a “Equal Weight.” The predicted price for HE in the upcoming period, according to Barclays is $10 based on the research report published on February 07, 2025 of the current year 2025.
Jefferies, on the other hand, stated in their research note that they expect to see HE reach a price target of $11.50. The rating they have provided for HE stocks is “Hold” according to the report published on December 03rd, 2024.
Wells Fargo gave a rating of “Equal Weight” to HE, setting the target price at $14 in the report published on August 23rd of the previous year.
HE Trading at 14.06% from the 50-Day Moving Average
After a stumble in the market that brought HE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.53% of loss for the given period.
Volatility was left at 4.89%, however, over the last 30 days, the volatility rate increased by 5.10%, as shares surge +23.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.27% upper at present.
During the last 5 trading sessions, HE rose by +8.27%, which changed the moving average for the period of 200-days by +8.91% in comparison to the 20-day moving average, which settled at $9.89. In addition, Hawaiian Electric Industries, Inc saw 13.05% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HE
Current profitability levels for the company are sitting at:
- -0.45 for the present operating margin
- -0.45 for the gross margin
The net margin for Hawaiian Electric Industries, Inc stands at -0.35. The total capital return value is set at -0.1. Equity return is now at value -67.55, with -7.53 for asset returns.
Based on Hawaiian Electric Industries, Inc (HE), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 2.47. The interest coverage ratio of the stock is -13.1.
Currently, EBITDA for the company is 636.23 million with net debt to EBITDA at -1.96. When we switch over and look at the enterprise to sales, we see a ratio of 1.25. The receivables turnover for the company is 0.57for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.56.
Conclusion
To sum up, Hawaiian Electric Industries, Inc (HE) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
