22.15% percent quarterly performance for Hawaiian Electric Industries, Inc (HE) is not indicative of the underlying story

Steve Mayer

On Tuesday, Hawaiian Electric Industries, Inc (NYSE: HE) opened higher 8.37% from the last session, before settling in for the closing price of $12.67. Price fluctuations for HE have ranged from $8.14 to $13.41 over the past 52 weeks.

Company’s average yearly earnings per share was noted 1.02% at the time writing. With a float of $172.24 million, this company’s outstanding shares have now reached $172.62 million.

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 0.22%, while institutional ownership is 79.03%.

Hawaiian Electric Industries, Inc (HE) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.2 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.4) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.02% per share during the next fiscal year.

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 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77. Likewise, its price to free cash flow for the trailing twelve months is 29.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.76, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 0.95 in one year’s time.

Technical Analysis of Hawaiian Electric Industries, Inc (HE)

Compared to the last year’s volume of 4.06 million, its volume of 4.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 96.37%.

During the past 100 days, Hawaiian Electric Industries, Inc’s (HE) raw stochastic average was set at 99.32%, which indicates a significant increase from 99.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.44 in the past 14 days, which was higher than the 0.32 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.77, while its 200-day Moving Average is $11.17. Nevertheless, the first resistance level for the watch stands at $14.10 in the near term. At $14.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.18. If the price goes on to break the first support level at $13.02, it is likely to go to the next support level at $12.30. Should the price break the second support level, the third support level stands at $11.94.

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

There are currently 172,620K shares outstanding in the company with a market cap of 2.37 billion. Presently, the company’s annual sales total 3,220 M according to its annual income of -1,424 M. Last quarter, the company’s sales amounted to 790,610 K and its income totaled 31,220 K.

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