Hawaiian Holdings, Inc. (NASDAQ:HA) Receives $32.25 Consensus Price Target from Brokerages

Hawaiian Holdings, Inc. (NASDAQ:HA) has received an average recommendation of “Hold” from the fourteen ratings firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $32.25.

Several analysts have commented on HA shares. Zacks Investment Research upgraded shares of Green Brick Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. Macquarie upgraded shares of Husky Energy from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 11th. BidaskClub upgraded shares of Yandex from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 14th. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Finally, Imperial Capital reiterated an “outperform” rating and issued a $38.00 price target (up previously from $36.00) on shares of Hawaiian in a research note on Wednesday, April 10th.

Hawaiian stock traded up $1.22 during mid-day trading on Friday, hitting $27.63. The stock had a trading volume of 589,043 shares, compared to its average volume of 506,054. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 5.08 and a beta of 1.79. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.64 and a quick ratio of 0.64. The company has a 50 day moving average of $26.41. Hawaiian has a one year low of $24.24 and a one year high of $44.25.



Hawaiian (NASDAQ:HA) last issued its earnings results on Tuesday, April 23rd. The transportation company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.01. The company had revenue of $656.75 million during the quarter, compared to the consensus estimate of $653.57 million. Hawaiian had a net margin of 8.52% and a return on equity of 26.32%. Hawaiian’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 EPS. On average, research analysts predict that Hawaiian will post 3.99 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in HA. Valeo Financial Advisors LLC purchased a new stake in shares of Hawaiian during the 1st quarter valued at about $37,000. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Hawaiian during the 1st quarter valued at about $81,000. First Hawaiian Bank raised its position in shares of Hawaiian by 51.8% during the 1st quarter. First Hawaiian Bank now owns 3,810 shares of the transportation company’s stock valued at $101,000 after buying an additional 1,300 shares in the last quarter. Everence Capital Management Inc. purchased a new stake in shares of Hawaiian during the 1st quarter valued at about $216,000. Finally, Roman Butler Fullerton & Co. purchased a new stake in shares of Hawaiian during the 1st quarter valued at about $225,000. Hedge funds and other institutional investors own 92.35% of the company’s stock.

Hawaiian Company Profile

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York.

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Analyst Recommendations for Hawaiian (NASDAQ:HA)

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