Hawaiian Electric Industries, Inc (HE) soared 3.49 in the last month: It’s impossible to believe the numbers

Hawaiian Electric Industries, Inc (NYSE: HE) kicked off on Monday, up 3.49% from the previous trading day, before settling in for the closing price of $10.61. Over the past 52 weeks, HE has traded in a range of $7.61-$18.19.

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Annual sales at Utilities sector company grew by 6.02% over the past five years. While this was happening, its average annual earnings per share was recorded -25.49%. With a float of $172.07 million, this company’s outstanding shares have now reached $172.47 million.

Let’s look at the performance matrix of the company that is accounted for 3706 employees. In terms of profitability, gross margin is -45.29%, operating margin of -45.29%, and the pretax margin is -48.19%.

Hawaiian Electric Industries, Inc (HE) Insider Updates

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 74.00%.

Hawaiian Electric Industries, Inc (HE) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.48 earnings per share (EPS), lower than consensus estimate (set at 0.49) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -25.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -13.00% 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 5.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 30.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.83, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 1.25 in one year’s time.

Technical Analysis of Hawaiian Electric Industries, Inc (HE)

Hawaiian Electric Industries, Inc (NYSE: HE) saw its 5-day average volume 2.03 million, a negative change from its year-to-date volume of 3.39 million. As of the previous 9 days, the stock’s Stochastic %D was 92.16%. Additionally, its Average True Range was 0.44.

During the past 100 days, Hawaiian Electric Industries, Inc’s (HE) raw stochastic average was set at 31.88%, which indicates a significant decrease from 98.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.92% in the past 14 days, which was lower than the 91.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.20, while its 200-day Moving Average is $11.22. Nevertheless, the first resistance level for the watch stands at $11.10 in the near term. At $11.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.42. If the price goes on to break the first support level at $10.78, it is likely to go to the next support level at $10.57. Assuming the price breaks the second support level, the third support level stands at $10.46.

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

The company with the Market Capitalisation of 1.89 billion has total of 172,466K 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 938,380 K and last quarter income was -103,930 K.