Hawaiian Holdings Inc. (NASDAQ:HA) saw a downside of -3.74% to $20.86 after subtracting -$0.81 on Wednesday. The 5-day average trading volume is 1,197,981 shares of the company’s common stock. It has gained $22.20 in the past week. An average of 902,065 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 933,734.
HA’s 1-month performance is 6.49% or $0.51 on its low of $19.68 reached on 09/15/21. The company’s shares have touched a 52-week low of $12.51 and high of $31.38, with the stock’s rally to the 52-week high happening on 06/09/21. YTD, HA has achieved 22.43% or $3.16. However, the current price is down -33.52%% from the 52-week high price.
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On Jul 30, 75 days have gone by since the last insider trading activity for Hawaiian Holdings Inc. (HA). Alter Aaron J (Exec VP & Chief Legal Officer) most recently sold 2,500 shares at $19.86 per share on Jul 30. This transaction cost the insider $49,640. EVP, CFO and Treasurer, Okinaka Shannon Lei, sold 2,500 shares at a price of $30.00 on Jun 09. Then, on Jun 07, Director SWELBAR WILLIAM S sold 4,000 shares at a price of $25.95 per share. This transaction amounted to $103,790.
Hawaiian Holdings Inc. (HA) has a trailing price-to-earnings (P/E) ratio of 18.35 for the broader industry and 28.44 for the sector. The company’s PE ratio for the last five years has touched a high of 25.24 and a low of 1.824. HA stock has a beta of 2.26. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.35 while the price-to-book (PB) in the most recent quarter is 1.82, with the price to cash flow ratio at 14.95.
Hawaiian Holdings Inc.’s quick ratio for the period ended June 29 was 1.70, with the current ratio over the same period at 1.70 meaning that HA stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 3.28, while the total debt to equity was 3.55. In terms of profitability, the gross margin trailing 12 months is -20.20%. The trailing 12-month EBITDA margin is -37.41% while for the period ending June 29; Hawaiian Holdings Inc.’s operating margin was -48.20%. The firm’s gross profit as reported stood at $300.92 million against revenue of $844.81 million.
For the quarterly period ending June 29 this year, Hawaiian Holdings Inc.’s cash and short-term investments amounted to $933.1 million against total debt of $2.71 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 85.39% to $410.78 million, while revenue of $182.22 million was 55.64% off the previous quarter. Analysts expected HA to announce -$1.91 per share in earnings in its latest quarter, but it posted -$1.44, representing a 24.60% surprise. EBITDA for the quarter stood at more than $18.48 million. HA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 4.61 billion, with total debt at $2.71 billion. Shareholders hold equity totaling $51.21 million
Let’s look briefly at Hawaiian Holdings Inc. (HA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 41.96% to suggest the stock is trending Neutral, with historical volatility in this time period at 47.79%.
The stock’s 5-day moving average is $21.23, reflecting a -4.66% or -$1.02 change from its current price. HA is currently trading +2.66% above its 20-day SMA, -15.58% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +8.48% and +14.93% respectively.
Stochastic %K and %D was 24.16% and 31.42% and the average true range (ATR) pointed at 0.97. The RSI (14) points at 46.64%, while the 14-day stochastic is at 7.19% with the period’s ATR at 0.95. The stock’s 9-day MACD Oscillator is pointing at -0.53 and -0.66 on the 14-day charts.
In the most recent analyst report for Hawaiian Holdings Inc. (NASDAQ: HA), Wolfe Research downgraded it to a Peer perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for HA stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate HA as a “sell,”, while 5 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is HA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $13.00 and a high of $30.00, with their median price target at $21.00. Looking at these predictions, the average price target given by analysts is for Hawaiian Holdings Inc. (HA) stock is $21.25.