HE vs. PNM, OTTR, POR, KEN, EDN, TAC, PAM, BKH, ELP, and AQN
Should you be buying Hawaiian Electric Industries stock or one of its competitors? The main competitors of Hawaiian Electric Industries include PNM Resources (PNM), Otter Tail (OTTR), Portland General Electric (POR), Kenon (KEN), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), TransAlta (TAC), Pampa Energía (PAM), Black Hills (BKH), Companhia Paranaense de Energia - COPEL (ELP), and Algonquin Power & Utilities (AQN). These companies are all part of the "electric services" industry.
PNM Resources (NYSE:PNM) and Hawaiian Electric Industries (NYSE:HE) are both utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation, media sentiment, earnings and community ranking.
PNM Resources has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500.
Hawaiian Electric Industries has a net margin of 5.45% compared to Hawaiian Electric Industries' net margin of 4.54%. Hawaiian Electric Industries' return on equity of 10.51% beat PNM Resources' return on equity.
PNM Resources currently has a consensus target price of $46.80, suggesting a potential upside of 27.80%. Hawaiian Electric Industries has a consensus target price of $11.50, suggesting a potential upside of 5.31%. Given Hawaiian Electric Industries' stronger consensus rating and higher probable upside, equities research analysts plainly believe PNM Resources is more favorable than Hawaiian Electric Industries.
91.7% of PNM Resources shares are owned by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 1.3% of PNM Resources shares are owned by company insiders. Comparatively, 0.3% of Hawaiian Electric Industries shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, Hawaiian Electric Industries had 15 more articles in the media than PNM Resources. MarketBeat recorded 25 mentions for Hawaiian Electric Industries and 10 mentions for PNM Resources. Hawaiian Electric Industries' average media sentiment score of 0.59 beat PNM Resources' score of -0.19 indicating that PNM Resources is being referred to more favorably in the media.
Hawaiian Electric Industries has higher revenue and earnings than PNM Resources. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
PNM Resources received 40 more outperform votes than Hawaiian Electric Industries when rated by MarketBeat users. Likewise, 60.63% of users gave PNM Resources an outperform vote while only 50.42% of users gave Hawaiian Electric Industries an outperform vote.
Summary
PNM Resources beats Hawaiian Electric Industries on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Hawaiian Electric Industries Competitors List
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