Professional
Added to YB: 2024-04-05
Pitch date: 2024-04-03
HE [bearish]
Hawaiian Electric Industries, Inc.
-4.3%
current return
Author Info
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Company Info
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility business in the United States.
Market Cap
$1.9B
Pitch Price
$11.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.74
P/E
17.31
EV/Sales
1.44
Sector
Electric Utilities
Category
value
Pernas Research Passes On: Hawaiian Electric Industries, Inc.
HE: Hawaii utility facing bankruptcy on Maui wildfire lawsuits; $6-7B claims vs $4-5B net assets. Despite chance not all fires directly caused, current $1B mkt cap too high for speculation given extent of damages & ill will. PASS.
Read full article (1 min)