Hawaiian (NASDAQ:HA) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other equities analysts have also weighed in on HA. ValuEngine upgraded shares of Hawaiian from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Buckingham Research upgraded shares of Hawaiian from a “neutral” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Thursday, November 16th. Zacks Investment Research upgraded shares of Hawaiian from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Stifel Nicolaus restated a “hold” rating and set a $40.00 price target on shares of Hawaiian in a research report on Tuesday, October 24th. Finally, Cowen lowered their price target on shares of Hawaiian from $47.00 to $43.00 and set a “market perform” rating on the stock in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. Hawaiian currently has an average rating of “Hold” and a consensus price target of $46.36.

Shares of Hawaiian (HA) opened at $39.10 on Friday. The company has a market cap of $2,050.00, a PE ratio of 10.86, a PEG ratio of 3.93 and a beta of 1.52. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.90 and a current ratio of 0.90. Hawaiian has a one year low of $32.40 and a one year high of $59.45.

Hawaiian (NASDAQ:HA) last released its earnings results on Thursday, October 19th. The transportation company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. The business had revenue of $719.56 million during the quarter, compared to analysts’ expectations of $721.00 million. Hawaiian had a net margin of 7.67% and a return on equity of 41.49%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.91 earnings per share. research analysts forecast that Hawaiian will post 5.64 EPS for the current fiscal year.

Hawaiian declared that its board has authorized a stock repurchase plan on Tuesday, December 5th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the transportation company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

In other Hawaiian news, EVP Peter R. Ingram sold 1,000 shares of the business’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $40.65, for a total value of $40,650.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

A number of large investors have recently bought and sold shares of HA. FNY Managed Accounts LLC purchased a new stake in shares of Hawaiian in the 3rd quarter valued at approximately $152,000. Riverhead Capital Management LLC raised its stake in shares of Hawaiian by 83.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,028 shares of the transportation company’s stock valued at $189,000 after acquiring an additional 1,828 shares during the period. Flinton Capital Management LLC raised its stake in shares of Hawaiian by 80.9% in the 2nd quarter. Flinton Capital Management LLC now owns 4,508 shares of the transportation company’s stock valued at $212,000 after acquiring an additional 2,016 shares during the period. First Hawaiian Bank purchased a new stake in shares of Hawaiian in the 3rd quarter valued at approximately $224,000. Finally, SG Americas Securities LLC raised its stake in shares of Hawaiian by 49.6% in the 2nd quarter. SG Americas Securities LLC now owns 5,177 shares of the transportation company’s stock valued at $243,000 after acquiring an additional 1,716 shares during the period. Institutional investors own 93.72% of the company’s stock.

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About Hawaiian

Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as its Scheduled Operations.

Analyst Recommendations for Hawaiian (NASDAQ:HA)

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