Cowen restated their market perform rating on shares of Hawaiian (NASDAQ:HA) in a research report report published on Wednesday morning. The brokerage currently has a $30.00 price target on the transportation company’s stock.

Other analysts also recently issued research reports about the company. Imperial Capital reiterated an outperform rating and set a $59.00 price target (up previously from $57.00) on shares of Hawaiian in a research note on Tuesday, December 4th. Macquarie set a $43.00 price target on Hawaiian and gave the stock a buy rating in a research note on Monday, October 8th. Morgan Stanley set a $37.00 price target on Hawaiian and gave the stock a sell rating in a research note on Friday, October 5th. BidaskClub downgraded Hawaiian from a hold rating to a sell rating in a research note on Thursday, December 13th. Finally, Citigroup decreased their price target on Hawaiian from $43.00 to $40.00 and set a neutral rating for the company in a research note on Thursday, December 6th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Hawaiian has an average rating of Hold and an average target price of $38.09.

Shares of HA stock opened at $31.00 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.62. Hawaiian has a fifty-two week low of $24.81 and a fifty-two week high of $44.25. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 5.70 and a beta of 1.93.

Hawaiian (NASDAQ:HA) last issued its earnings results on Tuesday, January 29th. The transportation company reported $1.00 earnings per share for the quarter, hitting the consensus estimate of $1.00. Hawaiian had a return on equity of 30.10% and a net margin of 8.22%. The company had revenue of $697.50 million for the quarter, compared to analyst estimates of $700.19 million. During the same period in the prior year, the firm posted $1.10 EPS. The business’s revenue was up 2.2% compared to the same quarter last year. Equities research analysts expect that Hawaiian will post 4.43 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 22nd. Stockholders of record on Friday, February 8th will be issued a $0.12 dividend. The ex-dividend date is Thursday, February 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.55%. Hawaiian’s payout ratio is presently 8.82%.

Institutional investors and hedge funds have recently modified their holdings of the company. Bell Rock Capital LLC acquired a new stake in Hawaiian during the 3rd quarter valued at $122,000. First Hawaiian Bank acquired a new stake in Hawaiian during the 3rd quarter valued at $146,000. Cadinha & Co. LLC acquired a new stake in Hawaiian during the 3rd quarter valued at $200,000. Quantamental Technologies LLC acquired a new stake in Hawaiian during the 4th quarter valued at $143,000. Finally, Verition Fund Management LLC acquired a new stake in Hawaiian during the 3rd quarter valued at $233,000. 88.23% of the stock is owned by institutional investors and hedge funds.

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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