Hawaiian Holdings, Inc. (NASDAQ:HA – Get Rating) COO Jonathan D. Snook sold 3,600 shares of Hawaiian stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $14.03, for a total value of $50,508.00. Following the transaction, the chief operating officer now owns 141,589 shares in the company, valued at $1,986,493.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Hawaiian Stock Up 1.0 %
Shares of NASDAQ:HA traded up $0.14 during midday trading on Thursday, hitting $13.95. The stock had a trading volume of 485,458 shares, compared to its average volume of 741,297. The company has a market cap of $717.17 million, a P/E ratio of -2.74 and a beta of 1.84. Hawaiian Holdings, Inc. has a 12 month low of $12.76 and a 12 month high of $21.71. The business’s 50-day simple moving average is $14.17 and its 200-day simple moving average is $15.04. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 4.76.
Hawaiian (NASDAQ:HA – Get Rating) last issued its earnings results on Tuesday, October 25th. The transportation company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.04. Hawaiian had a negative net margin of 10.87% and a negative return on equity of 59.65%. The company had revenue of $741.15 million for the quarter, compared to analysts’ expectations of $750.81 million. On average, sell-side analysts forecast that Hawaiian Holdings, Inc. will post -4.22 earnings per share for the current fiscal year.
Institutional Trading of Hawaiian
Analysts Set New Price Targets
A number of research firms have recently commented on HA. Deutsche Bank Aktiengesellschaft dropped their price target on Hawaiian from $23.00 to $17.00 in a research report on Wednesday, July 27th. StockNews.com upgraded shares of Hawaiian from a “sell” rating to a “hold” rating in a report on Thursday, October 27th. Bank of America reduced their price target on shares of Hawaiian from $12.00 to $10.00 and set an “underperform” rating for the company in a report on Thursday, October 6th. Melius assumed coverage on shares of Hawaiian in a report on Monday, August 15th. They set a “hold” rating on the stock. Finally, Cowen reduced their target price on shares of Hawaiian to $19.00 in a research note on Thursday, October 27th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to MarketBeat.com, Hawaiian presently has a consensus rating of “Hold” and a consensus price target of $15.71.
Hawaiian Company Profile
Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. The company provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; and New York City, New York.
- Get a free copy of the StockNews.com research report on Hawaiian (HA)
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