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.
HE was given price targets by several analysts. The most optimistic price target was 33, which equates to a potential upside of 0.79 percent. The most pessimistic price target was 29, implying potential capital losses of -11.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 11.43 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.3 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of HE to grow at a rate of -28.96 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HE is -0.49.
HE has traded between a high of 34.08 and a low of 28.31 over the past year. Currently the stock is 15.65 percent higher than its low, and 3.93 percent lower than its 52-week high. HE has a P/E 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's next earnings release will be on 0000-00-00, which is days away.