The price of Hawaiian Holdings, Inc. (NASDAQ:HA) shares last traded on Wall Street fell -0.73% to $4.10.
Based on available information, 8 analysts follow Hawaiian Holdings, Inc. (NASDAQ:HA). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $4.00, we find $4.50. Given the previous closing price of $4.13, this indicates a potential upside of 8.96 percent. HA stock price is now -40.33% away from the 50-day moving average and -55.01% away from the 200-day moving average. The market capitalization of the company currently stands at $211.68M.
Among analysts, 6 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $5.67 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 Jul 28. The stock was sold for $32,694 at an average price of $10.90. Upon completion of the transaction, the Exec VP & Chief Legal Officer now directly owns 117,698 shares in the company, valued at $0.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 28, Exec VP & Chief Legal Officer Alter Aaron J sold 3,000 shares of the business’s stock. A total of $24,582 was realized by selling the stock at an average price of $8.19. This leaves the insider owning 120,698 shares of the company worth $0.49 million. Insiders disposed of 93,544 shares of company stock worth roughly $0.38 million over the past 1 year. A total of 4.21% 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 JACOBS LEVY EQUITY MANAGEMENT, INC during the first quarter worth $953,000. SANDERS MORRIS HARRIS LLC invested $926,000 in shares of HA during the first quarter. In the first quarter, HRT FINANCIAL LP acquired a new stake in Hawaiian Holdings, Inc. valued at approximately $614,000. OCCUDO QUANTITATIVE STRATEGIES LP acquired a new stake in HA for approximately $372,000. ACADIAN ASSET MANAGEMENT LLC purchased a new stake in HA valued at around $372,000 in the second quarter. In total, there are 243 active investors with 92.52% ownership of the company’s stock.
A candlestick chart of Hawaiian Holdings, Inc. (NASDAQ: HA) showed a price of $4.0500 on Thursday morning. During the past 12 months, Hawaiian Holdings, Inc. has had a low of $3.70 and a high of $15.74. As of last week, the company has a debt-to-equity ratio of 11.45, a current ratio of 1.15, and a quick ratio of 1.11. The fifty day moving average price for HA is $6.7676 and a two-hundred day moving average price translates $9.0701 for the stock.
The latest earnings results from Hawaiian Holdings, Inc. (NASDAQ: HA) was released for Sep, 2023. The net profit margin was -7.54% and return on equity was -79.61% for HA. The company reported revenue of $727.68 million for the quarter, compared to $741.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.82 percent.
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.
