Shares of Hawaiian Holdings, Inc. (NASDAQ:HA) have earned a consensus rating of “Hold” from the fourteen brokerages that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $48.10.

Several equities research analysts recently weighed in on HA shares. BidaskClub raised shares of Hawaiian from a “sell” rating to a “hold” rating in a report on Saturday, July 28th. Deutsche Bank reaffirmed a “hold” rating on shares of Hawaiian in a report on Thursday, July 26th. ValuEngine downgraded shares of Hawaiian from a “sell” rating to a “strong sell” rating in a report on Friday, September 7th. Buckingham Research upped their price objective on shares of Hawaiian from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 7th. Finally, Morgan Stanley reduced their price objective on shares of Hawaiian from $36.00 to $34.00 and set an “underweight” rating for the company in a report on Thursday, July 12th.

A number of hedge funds have recently bought and sold shares of the stock. Financial Consulate Inc. lifted its holdings in Hawaiian by 3.9% in the 2nd quarter. Financial Consulate Inc. now owns 67,413 shares of the transportation company’s stock valued at $2,424,000 after acquiring an additional 2,558 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in Hawaiian in the 2nd quarter valued at about $692,000. Piedmont Investment Advisors LLC lifted its holdings in Hawaiian by 403.3% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 55,192 shares of the transportation company’s stock valued at $1,984,000 after acquiring an additional 44,225 shares during the last quarter. Hodges Capital Management Inc. acquired a new stake in Hawaiian in the 2nd quarter valued at about $1,618,000. Finally, KBC Group NV lifted its holdings in Hawaiian by 104.1% in the 2nd quarter. KBC Group NV now owns 96,554 shares of the transportation company’s stock valued at $3,471,000 after acquiring an additional 49,247 shares during the last quarter. 84.84% of the stock is owned by institutional investors and hedge funds.

Shares of HA traded up $0.20 during midday trading on Friday, hitting $39.05. 11,821 shares of the stock traded hands, compared to its average volume of 465,227. Hawaiian has a 1-year low of $32.40 and a 1-year high of $44.25. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 6.92 and a beta of 1.30. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.75 and a current ratio of 0.75.

Hawaiian (NASDAQ:HA) last announced its quarterly earnings results on Tuesday, July 24th. The transportation company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.18. Hawaiian had a net margin of 12.73% and a return on equity of 32.45%. The company had revenue of $715.45 million during the quarter, compared to the consensus estimate of $716.52 million. During the same quarter in the previous year, the company posted $1.49 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. analysts predict that Hawaiian will post 5.75 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Friday, August 17th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.23%. The ex-dividend date was Thursday, August 16th. Hawaiian’s payout ratio is currently 8.51%.

Hawaiian Company Profile

Hawaiian Holdings, Inc, through its subsidiary, 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 Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington.

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Analyst Recommendations for Hawaiian (NASDAQ:HA)

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