Analyst Ratings for Hawaiian Electric Industries Inc. (HE)

Updated: 2017-07-29

Shares of Hawaiian Electric Industries Inc. (NYSE:HE) have received a consensus rating of Underweight from Wall Street analysts. A consensus rating of Underweight was previously issued for HE last month.

0 analysts declared HE a buy, 0 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for HE. The maximum price target given was 33, implying potential capital gains of 0.79 percent. The lowest price target was 29, implying a possible loss of -11.42 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 11.43 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.3 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of HE to grow at a rate of -28.96 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. HE has a PEG ratio of -0.49.

HE has a 52-week high of 34.08 and a 52-week low of 28.31. Currently the stock is 15.65 percent higher than its low, and 3.93 percent below the high. HE has a price/earnings ratio of 14.23. Investors typically compare the P/E ratio to a company's peers in the industry. The HE value stock report compares HE to some of its peers using value stock charts. The stock has a market capitalization of $3.59 billion. HE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.