Hawaiian Electric Industries, Inc. (HE) is expecting -22.41% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Hawaiian Electric Industries, Inc. (NYSE: HE) opened lower -0.81% from the last session, before settling in for the closing price of $11.10. Price fluctuations for HE have ranged from $9.06 to $40.16 over the past 52 weeks.

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Utilities Sector giant saw their annual sales surged by 6.02% over the last five years. Company’s average yearly earnings per share was noted 2.94% at the time writing. With a float of $109.74 million, this company’s outstanding shares have now reached $110.15 million.

The firm has a total of 3706 workers. Let’s measure their productivity.

Hawaiian Electric Industries, Inc. (HE) Insider Activity

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Hawaiian Electric Industries, Inc. is 0.38%, while institutional ownership is 60.11%.

Hawaiian Electric Industries, Inc. (HE) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.48 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.49) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.20% during the next five years compared to -0.42% drop over the previous five years of trading.

Hawaiian Electric Industries, Inc. (NYSE: HE) Trading Performance Indicators

Check out the current performance indicators for Hawaiian Electric Industries, Inc. (HE). In the past quarter, the stock posted a quick ratio of 3.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 11.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.81, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.21 in one year’s time.

Technical Analysis of Hawaiian Electric Industries, Inc. (HE)

Analysing the last 5-days average volume posted by the [Hawaiian Electric Industries, Inc., HE], we can find that recorded value of 1.75 million was lower than the volume posted last year of 2.3 million. As of the previous 9 days, the stock’s Stochastic %D was 37.77%. Additionally, its Average True Range was 0.39.

During the past 100 days, Hawaiian Electric Industries, Inc.’s (HE) raw stochastic average was set at 5.29%, which indicates a significant decrease from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.58% in the past 14 days, which was lower than the 52.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.28, while its 200-day Moving Average is $17.77. Now, the first resistance to watch is $11.16. This is followed by the second major resistance level at $11.30. The third major resistance level sits at $11.43. If the price goes on to break the first support level at $10.88, it is likely to go to the next support level at $10.76. Should the price break the second support level, the third support level stands at $10.61.

Hawaiian Electric Industries, Inc. (NYSE: HE) Key Stats

There are currently 110,152K shares outstanding in the company with a market cap of 1.21 billion. Presently, the company’s annual sales total 3,682 M according to its annual income of 201,130 K. Last quarter, the company’s sales amounted to 956,370 K and its income totaled 49,260 K.