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Is this Large Market Cap Stock target price reasonable for Hawaiian Electric Industries Inc. (NYSE:HE)?

The company in question is, Hawaiian Electric Industries Inc. (NYSE:HE) currently with a stock price of 28.98 (0.28% today). The market cap for Hawaiian Electric Industries Inc. is 3149.81, and is in the sector Utilities, and Electric Utilities industry. The target price for Hawaiian Electric Industries Inc. is 30. Currently Hawaiian Electric Industries Inc. is trading with a P/E of 18.4, and a forward P/E of 16.18. Average volume for Hawaiian Electric Industries Inc. is 707.99 and so far today it is 197600.

Performance in the last year for Hawaiian Electric Industries Inc. has been 2.71%. For EPS growth, Hawaiian Electric Industries Inc. has seen a growth of -8.30%, and is looking to grow in the next year to 7.20%. More long term stats show that EPS growth has been 4.30% over the last five years and could be 4.00% for the next five years. Hawaiian Electric Industries Inc. has seen sales growth quarter over quarter at -9.20%, with EPS growth quarter over quarter at 25.50%. The 20-day simple moving average is -3.26%, with the 200-day simple moving average coming to -5.44%.

Since the IPO date for Hawaiian Electric Industries Inc. on the 11/05/1987, Hawaiian Electric Industries Inc. has seen performance year to date to be 2.90%. With Hawaiian Electric Industries Inc. trading at 28.98, the dividend yield is 4.29%, and the EPS is 1.57.

So could Hawaiian Electric Industries Inc., be undervalued? Well as said before P/E is 18.4. The PEG is 4.6, P/S is 1.28 and the P/B is at 1.59. The P/cash is 12.25, with P/free cash flow at *TBA.

Hawaiian Electric Industries Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.82, and total debt/equity at 1.02.

In terms of margins, Hawaiian Electric Industries Inc. has a gross margin of 13.60%, an operating margin of 13.60% and a profit margin of 6.90%.Payout ratio for Hawaiian Electric Industries Inc. is 78.70%. Return on assets come to 1.40% with return on investment coming to 5.80%.

Insider ownership for Hawaiian Electric Industries Inc., is at 0.10% and institutional ownership comes to 45.20%. Outstanding shares are at 108.99. While shares float is 107.2. The float short is currently 1.42%, and short ratio is 2.16.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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