Hawaiian Holdings Price Target Raised to $11.00 at UBS AG (HA)
Research analysts at UBS AG boosted their target price on shares of Hawaiian Holdings (NYSE: HA) from $10.00 to $11.00 in a report released on Friday. The firm currently has a “buy” rating on the stock.
Hawaiian Holdings traded up 6.66% on Friday, hitting $6.25. Hawaiian Holdings has a 1-year low of $4.92 and a 1-year high of $7.30. The stock’s 50-day moving average is currently $5.96. The company has a market cap of $321.5 million and a price-to-earnings ratio of 5.78.
Hawaiian Holdings last released its earnings data on Tuesday, January 29th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.10. The company had revenue of $493.00 million for the quarter, compared to the consensus estimate of $502.67 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. Analysts expect that Hawaiian Holdings will post $1.16 EPS for the current fiscal year.
HA has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Hawaiian Holdings from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, February 14th. They now have a $5.60 price target on the stock. Separately, analysts at Imperial Capital reiterated an “outperform” rating on shares of Hawaiian Holdings in a research note to investors on Wednesday, January 30th. They now have a $9.00 price target on the stock. Finally, analysts at Deutsche Bank downgraded shares of Hawaiian Holdings from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 30th. They now have a $7.00 price target on the stock, down previously from $10.00.
Four equities research analysts have rated the stock with a buy rating, four have given a hold rating, and one has given an underweight rating to the company. Hawaiian Holdings currently has an average rating of “overweight” and an average price target of $8.50.
Hawaiian Holdings, Inc. (Holdings) is a holding company whose primary asset is the sole ownership of Hawaiian Airlines, Inc.
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