Hawaiian Holdings Receives Average Rating of “Hold” from Brokerages (NYSE:HA)
Shares of Hawaiian Holdings (NYSE:HA) have been given an average recommendation of “Hold” by the ten brokerages that are presently covering the stock, StockRatingsNetwork.com reports. Eight research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $16.09.
Several analysts have recently commented on the stock. Analysts at Wolfe Research upgraded shares of Hawaiian Holdings from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. Separately, analysts at Imperial Capital cut their price target on shares of Hawaiian Holdings from $16.00 to $13.00 in a research note on Wednesday, July 23rd. They now have an “in-line” rating on the stock. Finally, analysts at CRT Capital raised their price target on shares of Hawaiian Holdings from $20.00 to $21.00 in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock.
Hawaiian Holdings (NYSE:HA) opened at 13.93 on Monday. Hawaiian Holdings has a one year low of $6.90 and a one year high of $16.49. The stock has a 50-day moving average of $13.77 and a 200-day moving average of $13.3. The company has a market cap of $748.7 million and a P/E ratio of 10.04.
Hawaiian Holdings (NYSE:HA) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02. The company had revenue of $575.72 million for the quarter, compared to the consensus estimate of $571.14 million. During the same quarter last year, the company posted $0.24 earnings per share. Hawaiian Holdings’s revenue was up 7.8% compared to the same quarter last year. On average, analysts predict that Hawaiian Holdings will post $1.46 earnings per share for the current fiscal year.
In other Hawaiian Holdings news, CEO Mark B. Dunkerley sold 50,000 shares of Hawaiian Holdings stock on the open market in a transaction dated Monday, July 28th. The shares were sold at an average price of $14.05, for a total value of $702,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
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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