News headlines about Hawaiian (NASDAQ:HA) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hawaiian earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.7152429550263 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Critical Review: Alaska Air Group (ALK) versus Hawaiian (HA) (americanbankingnews.com)
- Value of Island Air assets decreases once more – Pacific Business News (Honolulu) (bizjournals.com)
- Analysts Expect Hawaiian Holdings, Inc. (HA) Will Post Quarterly Sales of $677.25 Million (americanbankingnews.com)
- Hawaiian Holdings, Inc. (HA) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- What Investors Should Know About Hawaiian Holdings Inc’s (NASDAQ:HA) Financial Strength (finance.yahoo.com)
Several research firms have weighed in on HA. Buckingham Research lowered shares of Hawaiian from a “buy” rating to a “neutral” rating and set a $39.00 target price on the stock. in a report on Tuesday, September 26th. ValuEngine upgraded shares of Hawaiian from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BidaskClub upgraded shares of Hawaiian from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. Zacks Investment Research lowered shares of Hawaiian from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Finally, Bank of America restated an “underperform” rating and issued a $38.00 price objective (down from $43.00) on shares of Hawaiian in a report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. Hawaiian presently has a consensus rating of “Hold” and an average target price of $46.36.
Hawaiian (NASDAQ:HA) opened at $39.10 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.53. Hawaiian has a fifty-two week low of $32.40 and a fifty-two week high of $59.45. The company has a market cap of $2,050.00, a P/E ratio of 10.86, a PEG ratio of 3.87 and a beta of 1.52.
Hawaiian (NASDAQ:HA) last issued its quarterly earnings data on Thursday, October 19th. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.85 by $0.07. Hawaiian had a net margin of 7.67% and a return on equity of 41.49%. The firm had revenue of $719.56 million for the quarter, compared to analyst estimates of $721.00 million. During the same period in the prior year, the business posted $1.91 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. research analysts anticipate that Hawaiian will post 5.64 earnings per share for the current year.
Hawaiian announced that its Board of Directors has authorized a stock repurchase program on Tuesday, December 5th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the transportation company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.
In related news, EVP Peter R. Ingram sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $40.65, for a total transaction of $40,650.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is owned by corporate insiders.
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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.
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