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HE
Stock ticker: NYSE
AS OF
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Capitalization
1.43B

HE Hawaiian Electric Industries Forecast, Technical & Fundamental Analysis

a holding company, which engages in the electric utility and banking services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for HE with price predictions
08:00 PM EDT Sep 19, 2023

HE's RSI Oscillator ascends from oversold territory

The RSI Indicator for HE moved out of oversold territory on August 28, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 19, 2023. You may want to consider a long position or call options on HE as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HE just turned positive on August 31, 2023. Looking at past instances where HE's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HE advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where HE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for HE entered a downward trend on September 06, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.642) is normal, around the industry mean (1.609). P/E Ratio (6.305) is within average values for comparable stocks, (21.637). Projected Growth (PEG Ratio) (2.965) is also within normal values, averaging (2.553). HE's Dividend Yield (0.108) is considerably higher than the industry average of (0.051). P/S Ratio (0.373) is also within normal values, averaging (3.216).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).

Industry description

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

Market Cap

The average market capitalization across the Electric Utilities Industry is 16.92B. The market cap for tickers in the group ranges from 500 to 136.3B. NEE holds the highest valuation in this group at 136.3B. The lowest valued company is SLTZ at 500.

High and low price notable news

The average weekly price growth across all stocks in the Electric Utilities Industry was -1%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was 1%. TERRF experienced the highest price growth at 8%, while EWCLF experienced the biggest fall at -33%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was -12% and the average quarterly volume growth was 5%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 72
Price Growth Rating: 50
SMR Rating: 79
Profit Risk Rating: 71
Seasonality Score: -16 (-100 ... +100)
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A.I. Advisor
published Earnings

HE is expected to report earnings to fall 5.00% to 47 cents per share on November 08

Hawaiian Electric Industries HE Stock Earnings Reports
Q3'23
Est.
$0.47
Q2'23
Missed
by $0.03
Q1'23
Missed
by $0.01
Q4'22
Missed
by $0.03
Q3'22
Beat
by $0.03
The last earnings report on August 07 showed earnings per share of 50 cents, missing the estimate of 52 cents. With 554.03K shares outstanding, the current market capitalization sits at 1.43B.
A.I.Advisor
published Dividends

HE paid dividends on September 08, 2023

Hawaiian Electric Industries HE Stock Dividends
А dividend of $0.36 per share was paid with a record date of September 08, 2023, and an ex-dividend date of August 17, 2023. Read more...
A.I. Advisor
published General Information

General Information

a holding company, which engages in the electric utility and banking services

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
1001 Bishop Street
Phone
+1 808 543-5662
Employees
3756
Web
https://www.hei.com
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HE and

Correlation & Price change

A.I.dvisor indicates that over the last year, HE has been loosely correlated with POR. These tickers have moved in lockstep 40% of the time. This A.I.-generated data suggests there is some statistical probability that if HE jumps, then POR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HE
1D Price
Change %
HE100%
+0.91%
POR - HE
40%
Loosely correlated
-0.25%
VST - HE
35%
Loosely correlated
-2.44%
NWE - HE
34%
Loosely correlated
+0.08%
AVA - HE
32%
Poorly correlated
-0.17%
IDA - HE
30%
Poorly correlated
-0.05%
More

Groups containing HE

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HE
1D Price
Change %
HE100%
+0.91%
Electric Utilities
(undefined stocks)
34%
Loosely correlated
-0.18%
utility
(undefined stocks)
33%
Loosely correlated
-0.74%
electric power
(undefined stocks)
33%
Poorly correlated
-0.80%
Utilities
(undefined stocks)
31%
Poorly correlated
-0.21%
electrical
(undefined stocks)
29%
Poorly correlated
-1.29%
More