A look at Hawaiian Electric Industries, Inc’s (HE) recent performance gives investors their first glimpse of hope.

Hawaiian Electric Industries, Inc (NYSE: HE) kicked off on Monday, up 1.57% from the previous trading day, before settling in for the closing price of $10.22. Over the past 52 weeks, HE has traded in a range of $7.61-$18.19.

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Utilities Sector giant saw their annual sales surged by 6.02% over the last five years. While this was happening, its average annual earnings per share was recorded -16.91%. With a float of $163.98 million, this company’s outstanding shares have now reached $164.36 million.

The firm has a total of 3706 workers. Let’s measure their productivity. In terms of profitability, gross margin is -40.23%, operating margin of -40.23%, and the pretax margin is -43.25%.

Hawaiian Electric Industries, Inc (HE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Hawaiian Electric Industries, Inc is 0.23%, while institutional ownership is 49.07%.

Hawaiian Electric Industries, Inc (HE) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.56 earnings per share (EPS), higher than consensus estimate (set at 0.54) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -16.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.95% 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

Take a look at Hawaiian Electric Industries, Inc’s (HE) current performance indicators. Last quarter, stock had a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.55, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 1.30 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 3.33 million was lower than the volume posted last year of 3.4 million. As of the previous 9 days, the stock’s Stochastic %D was 70.81%. Additionally, its Average True Range was 0.43.

During the past 100 days, Hawaiian Electric Industries, Inc’s (HE) raw stochastic average was set at 26.22%, which indicates a significant decrease from 71.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.47% in the past 14 days, which was lower than the 93.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.48, while its 200-day Moving Average is $11.44. Now, the first resistance to watch is $10.54. This is followed by the second major resistance level at $10.69. The third major resistance level sits at $10.89. If the price goes on to break the first support level at $10.19, it is likely to go to the next support level at $9.99. Should the price break the second support level, the third support level stands at $9.84.

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

The company with the Market Capitalisation of 1.70 billion has total of 110,303K Shares Outstanding. Its annual sales at the moment are 3,682 M in contrast with the sum of 201,130 K annual income. Company’s last quarter sales were recorded 897,360 K and last quarter income was -1,295 M.