With 5.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.05 million shares. The 52-week range on HE shows that it touched its highest point at $18.19 and its lowest point at $7.61 during that stretch. It currently has a 1-year price target of $10.75. Beta for the stock currently stands at 0.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HE was up-trending over the past week, with a rise of 8.27%, but this was up by 21.01% over a month. Three-month performance surged to 3.97% while six-month performance fell -5.50%. The stock lost -16.09% in the past year, while it has gained 13.05% so far this year. A look at the trailing 12-month EPS for HE yields -12.67 with Next year EPS estimates of 1.08. For the next quarter, that number is 0.24. This implies an EPS growth rate of 6.50% for this year and 3.12% for next year.
Float and Shares Shorts:
At present, 172.47 million HE shares are outstanding with a float of 171.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HE since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.82665 being high and $1.61614 being low. For HE, this leads to a yearly average estimate of $1.69363.
