Hawaiian (NASDAQ:HA) was downgraded by ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Thursday.

Other equities research analysts have also recently issued reports about the stock. Deutsche Bank cut their price target on shares of Hawaiian from $45.00 to $41.00 and set a “buy” rating on the stock in a research report on Wednesday, October 10th. Macquarie set a $43.00 price target on shares of Hawaiian and gave the stock a “buy” rating in a research report on Monday, October 8th. TheStreet lowered shares of Hawaiian from a “b-” rating to a “c+” rating in a research note on Tuesday, November 6th. BidaskClub upgraded shares of Hawaiian from a “sell” rating to a “hold” rating in a research note on Saturday, September 29th. Finally, Buckingham Research boosted their price objective on shares of Hawaiian from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $43.42.

NASDAQ:HA traded down $4.85 on Thursday, hitting $33.16. 2,416,298 shares of the company’s stock were exchanged, compared to its average volume of 794,146. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.82 and a quick ratio of 0.82. Hawaiian has a 52 week low of $31.46 and a 52 week high of $44.25. The stock has a market capitalization of $1.88 billion, a PE ratio of 5.88 and a beta of 1.40.

Hawaiian (NASDAQ:HA) last issued its quarterly earnings results on Tuesday, October 23rd. The transportation company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.74 by $0.17. Hawaiian had a net margin of 13.22% and a return on equity of 30.56%. The firm had revenue of $759.10 million for the quarter, compared to analysts’ expectations of $762.00 million. During the same period in the previous year, the firm posted $1.92 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts anticipate that Hawaiian will post 5.56 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the company. Aperio Group LLC increased its stake in shares of Hawaiian by 7.6% during the 2nd quarter. Aperio Group LLC now owns 19,491 shares of the transportation company’s stock worth $701,000 after purchasing an additional 1,370 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Hawaiian by 12.8% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,113 shares of the transportation company’s stock worth $486,000 after purchasing an additional 1,373 shares during the last quarter. Neuburgh Advisers LLC grew its stake in Hawaiian by 18.1% in the 2nd quarter. Neuburgh Advisers LLC now owns 9,112 shares of the transportation company’s stock valued at $328,000 after buying an additional 1,394 shares during the last quarter. Riverhead Capital Management LLC grew its stake in Hawaiian by 23.8% in the 3rd quarter. Riverhead Capital Management LLC now owns 8,334 shares of the transportation company’s stock valued at $334,000 after buying an additional 1,600 shares during the last quarter. Finally, Summit Global Investments grew its stake in Hawaiian by 9.7% in the 3rd quarter. Summit Global Investments now owns 19,200 shares of the transportation company’s stock valued at $770,000 after buying an additional 1,700 shares during the last quarter. Institutional investors own 88.16% of the company’s stock.

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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