HE vs. PNM, OTTR, POR, KEN, EDN, TAC, PAM, BKH, ELP, and ENIC
Should you be buying Hawaiian Electric Industries stock or one of its competitors? The main competitors of Hawaiian Electric Industries include PNM Resources (PNM), Otter Tail (OTTR), Portland General Electric (POR), Kenon (KEN), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), TransAlta (TAC), Pampa Energía (PAM), Black Hills (BKH), Companhia Paranaense de Energia - COPEL (ELP), and Enel Chile (ENIC). These companies are all part of the "electric services" industry.
Hawaiian Electric Industries (NYSE:HE) and PNM Resources (NYSE:PNM) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, valuation, community ranking, risk, earnings, media sentiment, institutional ownership and dividends.
Hawaiian Electric Industries has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Comparatively, PNM Resources has a beta of 0.35, meaning that its share price is 65% less volatile than the S&P 500.
Hawaiian Electric Industries currently has a consensus target price of $11.63, suggesting a potential upside of 1.09%. PNM Resources has a consensus target price of $44.75, suggesting a potential upside of 16.26%. Given PNM Resources' stronger consensus rating and higher possible upside, analysts clearly believe PNM Resources is more favorable than Hawaiian Electric Industries.
Hawaiian Electric Industries has a net margin of 5.16% compared to PNM Resources' net margin of 4.38%. PNM Resources' return on equity of 9.91% beat Hawaiian Electric Industries' return on equity.
PNM Resources received 40 more outperform votes than Hawaiian Electric Industries when rated by MarketBeat users. Likewise, 60.63% of users gave PNM Resources an outperform vote while only 50.35% of users gave Hawaiian Electric Industries an outperform vote.
59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 91.7% of PNM Resources shares are owned by institutional investors. 0.3% of Hawaiian Electric Industries shares are owned by company insiders. Comparatively, 1.4% of PNM Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Hawaiian Electric Industries had 7 more articles in the media than PNM Resources. MarketBeat recorded 9 mentions for Hawaiian Electric Industries and 2 mentions for PNM Resources. PNM Resources' average media sentiment score of 0.86 beat Hawaiian Electric Industries' score of 0.60 indicating that PNM Resources is being referred to more favorably in the news media.
Hawaiian Electric Industries has higher revenue and earnings than PNM Resources. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
Summary
PNM Resources beats Hawaiian Electric Industries on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Hawaiian Electric Industries Competitors List
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