The stock of Hawaiian Holdings Inc. (NASDAQ:HA) last traded at $12.40, up 6.35% from the previous session.
Data from the available sources indicates that Hawaiian Holdings Inc. (NASDAQ:HA) is covered by 8 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $12.00 and a low of $8.00, we find $9.50. Given the previous closing price of $11.66, this indicates a potential downside of -18.52 percent. HA stock price is now 39.76% away from the 50-day moving average and 12.55% away from the 200-day moving average. The market capitalization of the company currently stands at $573.38M.
In total, 6 analysts have assigned it a hold rating, and 0 have given it a buy rating. Brokers who have rated the stock have averaged $9.50 as their price target over the next twelve months.
In other news, Alter Aaron J, Exec VP & Chief Legal Officer sold 3,000 shares of the company’s stock on Apr 28. The stock was sold for $24,582 at an average price of $8.19. Upon completion of the transaction, the Exec VP & Chief Legal Officer now directly owns 120,698 shares in the company, valued at $1.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 02, Exec VP & Chief Legal Officer Alter Aaron J sold 3,000 shares of the business’s stock. A total of $34,714 was realized by selling the stock at an average price of $11.57. This leaves the insider owning 83,189 shares of the company worth $1.03 million. Insiders disposed of 90,544 shares of company stock worth roughly $1.12 million over the past 1 year. A total of 1.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HA stock. A new stake in Hawaiian Holdings Inc. shares was purchased by GMT CAPITAL CORP during the first quarter worth $5,964,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP invested $3,897,000 in shares of HA during the first quarter. In the first quarter, CETERA ADVISOR NETWORKS LLC acquired a new stake in Hawaiian Holdings Inc. valued at approximately $974,000. LOMBARD ODIER ASSET MANAGEMENT (USA) CORP acquired a new stake in HA for approximately $768,000. TEZA CAPITAL MANAGEMENT LLC purchased a new stake in HA valued at around $669,000 in the second quarter. In total, there are 250 active investors with 80.10% ownership of the company’s stock.
With an opening price of $11.63 on Monday morning, Hawaiian Holdings Inc. (NASDAQ: HA) set off the trading day. During the past 12 months, Hawaiian Holdings Inc. has had a low of $7.34 and a high of $17.39. As of last week, the company has a debt-to-equity ratio of 7.32, a current ratio of 1.30, and a quick ratio of 1.20. The fifty day moving average price for HA is $8.96 and a two-hundred day moving average price translates $11.00 for the stock.
The latest earnings results from Hawaiian Holdings Inc. (NASDAQ: HA) was released for Mar, 2023. According to the Airlines Company, earnings per share came in at -$2.17, beating analysts’ expectations of -$2.36 by 0.19. This compares to -$2.60 EPS in the same period last year. The company reported revenue of $612.6 million for the quarter, compared to $477.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.37 percent. For the current quarter, analysts expect HA to generate $697.88M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 02/28/2020. Investors who held shares on 02/14/2020 were paid a $0.12 dividend.
Hawaiian Holdings Inc.(HA) Company Profile
Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. It provides 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; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts. The company also offers provides daily service on its Neighbor Island routes among the four major islands of the State of Hawai’i. In addition, it offers scheduled service on its international routes between the State of Hawai’i and Tokyo (Narita), Japan, Osaka, Japan; Sydney, Australia; Auckland, New Zealand; Pago Pago, American Samoa; Papeete, Tahiti; and Seoul, South Korea, as well as operates various ad hoc charters. The company distributes its tickets through various distribution channels, including its website hawaiianairlines.com primarily for North America and Neighbor Island routes, as well as through travel agencies and wholesale distributors for its international routes. As of December 31, 2022, its fleet consisted of 19 Boeing 717-200 aircraft for the Neighbor Island routes; 24 Airbus A330-200 aircraft; and 18 Airbus A321neo for the North America and international routes. The company was incorporated in 1929 and is headquartered in Honolulu, Hawaii.
