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 most optimistic analyst gave a price target of 33, which equates to a potential upside of 0.79 percent. The lowest price target was 29, which equates to a potential downside of -11.42 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 11.43 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.3 percent.

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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of HE's earnings is estimated by analysts to be -28.96 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.