Hawaiian Holdings Receives Average Rating of “Hold” from Analysts (NYSE:HA)
Hawaiian Holdings (NYSE:HA) has earned a consensus rating of “Hold” from the ten ratings firms that are presently covering the company, American Banking News reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $15.86.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Hawaiian Holdings from a “neutral” rating to an “outperform” rating in a research note on Monday, April 28th. They now have a $16.00 price target on the stock. Separately, analysts at Bank of America upgraded shares of Hawaiian Holdings from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 24th. They now have a $16.00 price target on the stock, up previously from $10.50. They noted that the move was a valuation call. Finally, analysts at Cowen and Company raised their price target on shares of Hawaiian Holdings from $13.00 to $14.00 in a research note on Wednesday, April 23rd. They now have a “market perform” rating on the stock.
In other Hawaiian Holdings news, CEO Mark Dunkerley unloaded 301,299 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $14.51, for a total value of $4,371,848.49. Following the transaction, the chief executive officer now directly owns 1,107,356 shares in the company, valued at approximately $16,067,736. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Hawaiian Holdings (NYSE:HA) traded up 1.02% during mid-day trading on Thursday, hitting $14.83. The stock had a trading volume of 47,107 shares. Hawaiian Holdings has a 52 week low of $5.31 and a 52 week high of $15.41. The stock has a 50-day moving average of $13.98 and a 200-day moving average of $11.0. The company has a market cap of $789.0 million and a price-to-earnings ratio of 12.27.
Hawaiian Holdings (NYSE:HA) last announced its earnings results on Tuesday, April 22nd. The company reported ($0.02) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.12) by $0.10. The company had revenue of $524.90 million for the quarter, compared to the consensus estimate of $521.79 million. During the same quarter last year, the company posted ($0.29) earnings per share. Hawaiian Holdings’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that Hawaiian Holdings will post $1.41 earnings per share for the current fiscal year.
Hawaiian Holdings, Inc (NYSE:HA), is a holding company whose primary asset is the sole ownership of all issued and outstanding shares of common stock of Hawaiian Airlines, Inc (Hawaiian).
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