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 highest price target was 33, which equates to a potential upside of 0.79 percent. The most pessimistic analyst gave a price target of 29, implying potential capital losses of -11.42 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.3 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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.

The growth rate of HE's earnings is estimated by analysts to be -28.96 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of HE is -0.49.

HE has a 52-week high of 34.08 and a 52-week low of 28.31. Today's price is 15.65 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.