Hawaiian Electric Industries Stock Analysis
HE Stock | USD 9.85 0.18 1.79% |
Hawaiian Electric Industries is overvalued with Real Value of 9.08 and Target Price of 9.17. The main objective of Hawaiian Electric stock analysis is to determine its intrinsic value, which is an estimate of what Hawaiian Electric Industries is worth, separate from its market price. There are two main types of Hawaiian Electric's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hawaiian Electric's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hawaiian Electric's stock to identify patterns and trends that may indicate its future price movements.
The Hawaiian Electric stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hawaiian Electric is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Hawaiian Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hawaiian Electric's ongoing operational relationships across important fundamental and technical indicators.
Hawaiian |
Hawaiian Stock Analysis Notes
About 61.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hawaiian Electric last dividend was issued on the 17th of August 2023. The entity had 2:1 split on the 14th of June 2004. Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewablesustainable infrastructure investment businesses in the state of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii. Hawaiian Electric operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 3597 people. To learn more about Hawaiian Electric Industries call Richard Wacker at 808 543 5662 or check out https://www.hei.com.Hawaiian Electric Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Hawaiian Electric's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hawaiian Electric Industries or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hawaiian Electric generated a negative expected return over the last 90 days | |
Hawaiian Electric has a strong financial position based on the latest SEC filings | |
About 61.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Hawaiian Electric tells customers on Hawaii Island to resume normal power usage |
Hawaiian Electric Upcoming and Recent Events
Earnings reports are used by Hawaiian Electric to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hawaiian Electric previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
13th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Hawaiian Largest EPS Surprises
Earnings surprises can significantly impact Hawaiian Electric's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2017-04-28 | 2017-03-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2009-05-05 | 2009-03-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2019-05-07 | 2019-03-31 | 0.38 | 0.42 | 0.04 | 10 |
Hawaiian Electric Thematic Classifications
In addition to having Hawaiian Electric stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
UtilitiesUSA Equities from Utilities industry as classified by Fama & French |
Hawaiian Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hawaiian Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hawaiian Electric Industries backward and forwards among themselves. Hawaiian Electric's institutional investor refers to the entity that pools money to purchase Hawaiian Electric's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Renaissance Technologies Corp | 2023-12-31 | 1.5 M | Assenagon Asset Management Sa | 2023-12-31 | 1.3 M | Jpmorgan Chase & Co | 2023-12-31 | 1.2 M | First Trust Advisors L.p. | 2023-12-31 | 1.2 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 1 M | Gabelli Funds Llc | 2023-12-31 | 920.8 K | Quinn Opportunity Partners Llc | 2023-12-31 | 788.7 K | D. E. Shaw & Co Lp | 2023-09-30 | 737.5 K | Jane Street Group, Llc | 2023-12-31 | 736.2 K | Vanguard Group Inc | 2023-12-31 | 10.9 M | Blackrock Inc | 2023-12-31 | 6.2 M |
Hawaiian Market Capitalization
The company currently falls under 'Mid-Cap' category with a market capitalization of 1.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hawaiian Electric's market, we take the total number of its shares issued and multiply it by Hawaiian Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Hawaiian Profitablity
Hawaiian Electric's profitability indicators refer to fundamental financial ratios that showcase Hawaiian Electric's ability to generate income relative to its revenue or operating costs. If, let's say, Hawaiian Electric is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hawaiian Electric's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hawaiian Electric's profitability requires more research than a typical breakdown of Hawaiian Electric's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 0.05 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.1 %, which signifies that for every $100 of sales, it has a net operating income of $0.1. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.02 | 0.02 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.08 | 0.10 |
Management Efficiency
Hawaiian Electric has Return on Asset (ROA) of 0.0133 % which means that for every $100 of assets, it generated a profit of $0.0133. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0863 %, which means that it produced $0.0863 on every 100 dollars invested by current stockholders. Hawaiian Electric's management efficiency ratios could be used to measure how well Hawaiian Electric manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Hawaiian Electric's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.01, whereas Non Currrent Assets Other are forecasted to decline to about 836.8 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 21.68 | 13.02 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 20.93 | 12.62 | |
Enterprise Value Over EBITDA | 7.90 | 12.97 | |
Price Book Value Ratio | 0.65 | 1.28 | |
Enterprise Value Multiple | 7.90 | 12.97 | |
Price Fair Value | 0.65 | 1.28 | |
Enterprise Value | 2.6 B | 2.3 B |
The analysis of Hawaiian Electric's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hawaiian Electric's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hawaiian Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.1093 | Forward Dividend Yield 0.1491 | Forward Dividend Rate 1.44 | Beta 0.533 |
Technical Drivers
As of the 1st of May, Hawaiian Electric retains the Risk Adjusted Performance of (0.09), market risk adjusted performance of 0.6169, and Standard Deviation of 2.82. Hawaiian Electric technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Hawaiian Electric, which can be compared to its competitors. Please check out Hawaiian Electric standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Hawaiian Electric is priced fairly, providing market reflects its last-minute price of 9.85 per share. Given that Hawaiian Electric Industries has information ratio of (0.18), we strongly advise you to confirm Hawaiian Electric's regular market performance to make sure the company can sustain itself at a future point.Hawaiian Electric Price Movement Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hawaiian Electric middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hawaiian Electric. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hawaiian Electric Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hawaiian Electric insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hawaiian Electric's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hawaiian Electric insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Watanabe over two months ago Hawaiian Electric exotic insider transaction detected | ||
Jeffrey Watanabe over six months ago Acquisition by Jeffrey Watanabe of 2962 shares of Hawaiian Electric subject to Rule 16b-3 |
Hawaiian Electric Predictive Daily Indicators
Hawaiian Electric intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hawaiian Electric stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hawaiian Electric Corporate Filings
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 10th of April 2024 An amended filing to the original Schedule 13G | ViewVerify |
29th of March 2024 Other Reports | ViewVerify | |
8K | 27th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 29th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 21st of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Hawaiian Electric Forecast Models
Hawaiian Electric's time-series forecasting models are one of many Hawaiian Electric's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hawaiian Electric's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hawaiian Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hawaiian Electric prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hawaiian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hawaiian Electric. By using and applying Hawaiian Stock analysis, traders can create a robust methodology for identifying Hawaiian entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.07 | 0.1 | |
Operating Profit Margin | 0.1 | 0.12 | |
Net Profit Margin | 0.05 | 0.05 | |
Gross Profit Margin | 0.1 | 0.19 |
Current Hawaiian Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hawaiian analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hawaiian analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
9.17 | Hold | 3 | Odds |
Most Hawaiian analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hawaiian stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hawaiian Electric, talking to its executives and customers, or listening to Hawaiian conference calls.
Hawaiian Stock Analysis Indicators
Hawaiian Electric Industries stock analysis indicators help investors evaluate how Hawaiian Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hawaiian Electric shares will generate the highest return on investment. By understating and applying Hawaiian Electric stock analysis, traders can identify Hawaiian Electric position entry and exit signals to maximize returns.
Begin Period Cash Flow | 204.9 M | |
Long Term Debt | 3.6 B | |
Common Stock Shares Outstanding | 110 M | |
Total Stockholder Equity | 2.4 B | |
Tax Provision | 49.7 M | |
Quarterly Earnings Growth Y O Y | -0.155 | |
Property Plant And Equipment Net | 6.2 B | |
Cash And Short Term Investments | 696 M | |
Cash | 694.6 M | |
Accounts Payable | 247.5 M | |
Net Debt | 3.3 B | |
50 Day M A | 11.2868 | |
Total Current Liabilities | 298.7 M | |
Other Operating Expenses | 3.3 B | |
Non Current Assets Total | 16.4 B | |
Forward Price Earnings | 5.4201 | |
Non Currrent Assets Other | 1.2 B | |
Stock Based Compensation | 10.5 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Hawaiian Electric information on this page should be used as a complementary analysis to other Hawaiian Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Hawaiian Stock analysis
When running Hawaiian Electric's price analysis, check to measure Hawaiian Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hawaiian Electric is operating at the current time. Most of Hawaiian Electric's value examination focuses on studying past and present price action to predict the probability of Hawaiian Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Electric's price. Additionally, you may evaluate how the addition of Hawaiian Electric to your portfolios can decrease your overall portfolio volatility.
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Is Hawaiian Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 1.08 | Earnings Share 1.81 | Revenue Per Share 33.554 | Quarterly Revenue Growth (0.06) |
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.