Hawaiian (NASDAQ:HA) had its target price trimmed by Cowen from $41.00 to $39.00 in a research note issued to investors on Tuesday morning, MarketBeat Ratings reports. The firm currently has a market perform rating on the transportation company’s stock.

Several other brokerages have also recently issued reports on HA. Morgan Stanley decreased their target price on shares of Hawaiian from $36.00 to $34.00 and set an underweight rating on the stock in a research report on Thursday, July 12th. BidaskClub cut shares of Hawaiian from a hold rating to a sell rating in a research report on Friday, July 13th. Stifel Nicolaus cut their price target on shares of Hawaiian from $50.00 to $45.00 and set a hold rating on the stock in a report on Wednesday, July 25th. Deutsche Bank reiterated a hold rating on shares of Hawaiian in a report on Thursday, July 26th. Finally, ValuEngine upgraded shares of Hawaiian from a strong sell rating to a sell rating in a report on Friday, August 10th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $47.00.

Shares of NASDAQ HA opened at $33.52 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market cap of $2.03 billion, a PE ratio of 5.94 and a beta of 1.31. Hawaiian has a 12-month low of $32.40 and a 12-month high of $44.25.

Hawaiian (NASDAQ:HA) last announced its 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. The firm had revenue of $715.45 million for the quarter, compared to analysts’ expectations of $716.52 million. Hawaiian had a net margin of 12.73% and a return on equity of 32.45%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.49 EPS. As a group, sell-side analysts expect that Hawaiian will post 5.75 EPS for the current year.

A number of large investors have recently modified their holdings of HA. BlackRock Inc. grew its stake in Hawaiian by 1.5% in the 2nd quarter. BlackRock Inc. now owns 7,086,683 shares of the transportation company’s stock worth $254,765,000 after acquiring an additional 104,822 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Hawaiian by 13.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,672,215 shares of the transportation company’s stock worth $96,067,000 after acquiring an additional 307,641 shares in the last quarter. Principal Financial Group Inc. grew its stake in Hawaiian by 47.4% in the 1st quarter. Principal Financial Group Inc. now owns 2,054,140 shares of the transportation company’s stock worth $79,496,000 after acquiring an additional 660,512 shares in the last quarter. LSV Asset Management grew its stake in Hawaiian by 8.9% in the 2nd quarter. LSV Asset Management now owns 1,330,545 shares of the transportation company’s stock worth $47,833,000 after acquiring an additional 108,818 shares in the last quarter. Finally, Royce & Associates LP grew its stake in Hawaiian by 29.8% in the 2nd quarter. Royce & Associates LP now owns 1,016,131 shares of the transportation company’s stock worth $36,530,000 after acquiring an additional 233,404 shares in the last quarter. Institutional investors own 84.83% of the company’s stock.

About Hawaiian

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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