Hawaiian Electric Industries (NYSE:HE - Get Free Report) is set to issue its quarterly earnings data after the market closes on Friday, May 10th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Hawaiian Electric Industries (NYSE:HE - Get Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The utilities provider reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. Hawaiian Electric Industries had a net margin of 5.45% and a return on equity of 9.99%. The business had revenue of $961.40 million during the quarter. During the same quarter in the previous year, the firm posted $0.52 earnings per share. The business's revenue was down 5.7% on a year-over-year basis. On average, analysts expect Hawaiian Electric Industries to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Hawaiian Electric Industries Price Performance
Shares of NYSE HE traded up $0.29 during trading on Friday, hitting $10.43. The company had a trading volume of 1,732,206 shares, compared to its average volume of 2,463,714. The stock has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $12.55. Hawaiian Electric Industries has a fifty-two week low of $8.74 and a fifty-two week high of $40.16. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 5.77 and a beta of 0.55. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 1.21.
Analysts Set New Price Targets
HE has been the subject of several research analyst reports. Evercore ISI upped their target price on shares of Hawaiian Electric Industries from $7.00 to $11.00 and gave the company an "in-line" rating in a report on Thursday, February 15th. StockNews.com upgraded shares of Hawaiian Electric Industries from a "sell" rating to a "hold" rating in a research report on Monday, April 15th. Two investment analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to MarketBeat.com, Hawaiian Electric Industries presently has a consensus rating of "Hold" and a consensus price target of $11.50.
Get Our Latest Stock Analysis on HE
Hawaiian Electric Industries Company Profile
(
Get Free Report)
Hawaiian Electric Industries, Inc, together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai.
Further Reading
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