Home News Up or Down: Hawaiian Electric Industries (NYSE: HE)

Up or Down: Hawaiian Electric Industries (NYSE: HE)


Hawaiian Electric Industries is in the utilities sector and regulated utilities industry. The company CEO is Constance H. Lau. Hawaiian Electric Industries Inc is engaged in generating, purchasing, transmission, distribution and selling of electric energy in the State of Hawaii.

Previous Intraday Trading Performance:

The HE stock showed a previous change of -0.40% with an open at 39.96 and a close of 39.80. It reached an intraday high of 40.32 and a low of 39.77.

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The stock has a market cap of $4.3b with 108.9m shares outstanding, of which the float is 108.2m shares. Trading volume reached 463,626 shares compared to its average volume of 344,169 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Hawaiian Electric Industries shares returned 2.37% and in the past 30 trading days it returned 10.25%. Over three months, it changed 2.59%. In one year it has changed 22.18% and within that year its 52-week high was 40.32 and its 52-week low was 32.59. HE stock is 22.12% above its 52 Week Low.

Our calculations show a 200 day moving average of 35.49 and a 50 day moving average of 37.04. Currently HE stock is trading 12.13% above its 200 day moving average.

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The last annual fiscal EPS for the company was reported at 1.84 that ended on 31st of December 2018, which according to the previous close, that is a PE of 21.63. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.47. The TTM EPS is 1.84, which comes to a TTM PE of 21.63. Historically, the PE high was 25.90 and the PE low was 13.80. If the stock reached its PE low, that would represent a price of 25.39, which is a decrease of -36.20%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.45
09-30-2018:  0.60
06-30-2018:  0.42
03-31-2018:  0.37

The dividend per share is currently 1.28, which is a dividend yield of 3.22%.

Base on our calculations, the intrinsic value per share is 6.79, which means it may be overvalued by -486.13%

Indicators to Watch:

Based on the latest filings, there is 77.10% of institutional ownership. Short-interest is 4,298,253, which is 3.95% of shares outstanding. The short-interest ratio or days-to-cover ratio is 12.99. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.25

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.68%, return on assets is 1.61%, profit margin is 8.08%, price-to-sales is 1.71 and price-to-book is 2.01.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.