Hawaiian (NASDAQ:HA)‘s stock had its “market perform” rating reiterated by equities researchers at Cowen in a note issued to investors on Thursday. They currently have a $30.00 price target on the transportation company’s stock, down from their previous price target of $32.00. Cowen’s price objective would indicate a potential downside of 2.09% from the stock’s current price.

Several other analysts have also issued reports on the stock. Imperial Capital restated an “outperform” rating and issued a $40.00 price target (down from $49.00) on shares of Hawaiian in a research report on Wednesday. BidaskClub upgraded shares of Hawaiian from a “sell” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley decreased their target price on shares of Hawaiian from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Monday, December 10th. Wolfe Research lowered shares of Hawaiian from an “outperform” rating to a “market perform” rating in a research report on Friday, December 7th. Finally, ValuEngine lowered shares of Hawaiian from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 6th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Hawaiian presently has a consensus rating of “Hold” and a consensus target price of $39.18.

NASDAQ HA traded up $1.14 during midday trading on Thursday, hitting $30.64. The company had a trading volume of 658,575 shares, compared to its average volume of 573,787. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 5.43 and a beta of 1.79. Hawaiian has a fifty-two week low of $24.81 and a fifty-two week high of $44.25.

Hawaiian (NASDAQ:HA) last posted its quarterly earnings results on Tuesday, October 23rd. The transportation company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.17. The company had revenue of $759.10 million for the quarter, compared to analyst estimates of $762.00 million. Hawaiian had a net margin of 13.22% and a return on equity of 30.56%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business posted $1.92 EPS. As a group, sell-side analysts expect that Hawaiian will post 5.37 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in HA. Bell Rock Capital LLC acquired a new position in Hawaiian in the third quarter valued at about $122,000. First Hawaiian Bank acquired a new position in Hawaiian in the third quarter valued at about $146,000. Cadinha & Co. LLC acquired a new position in Hawaiian in the third quarter valued at about $200,000. Verition Fund Management LLC acquired a new position in Hawaiian in the third quarter valued at about $233,000. Finally, Fox Run Management L.L.C. acquired a new position in Hawaiian in the third quarter valued at about $290,000. Hedge funds and other institutional investors own 88.12% 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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