ValuEngine upgraded shares of Hawaiian (NASDAQ:HA) from a hold rating to a buy rating in a research report report published on Friday morning.

A number of other analysts have also recently commented on the stock. Citigroup dropped their price target on shares of Hawaiian from $50.00 to $45.00 and set a neutral rating on the stock in a research note on Friday, October 20th. Buckingham Research upgraded shares of Hawaiian from a neutral rating to a buy rating and set a $44.00 target price on the stock in a research note on Thursday, November 16th. Macquarie initiated coverage on shares of Hawaiian in a research note on Monday, September 25th. They issued an outperform rating and a $49.00 target price on the stock. BidaskClub cut shares of Hawaiian from a sell rating to a strong sell rating in a research note on Saturday, October 28th. Finally, Imperial Capital increased their target price on shares of Hawaiian from $72.00 to $74.00 and gave the stock an outperform rating in a research note on Monday, November 13th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Hawaiian has a consensus rating of Hold and an average price target of $46.36.

Hawaiian (NASDAQ:HA) opened at $42.50 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $2,146.09, a PE ratio of 7.03, a price-to-earnings-growth ratio of 3.26 and a beta of 1.51. Hawaiian has a 52 week low of $32.40 and a 52 week high of $60.90.

Hawaiian (NASDAQ:HA) last released its earnings results on Thursday, October 19th. The transportation company reported $1.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.85 by $0.07. The firm had revenue of $719.56 million for the quarter, compared to analysts’ expectations of $721.00 million. Hawaiian had a net margin of 7.67% and a return on equity of 41.49%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 earnings per share. equities research analysts anticipate that Hawaiian will post 5.55 EPS for the current year.

The firm also recently announced a special dividend, which was paid on Thursday, November 30th. Investors of record on Friday, November 17th were issued a dividend of $0.12 per share. The ex-dividend date was Thursday, November 16th. Hawaiian’s dividend payout ratio is currently 12.77%.

In related news, EVP Peter R. Ingram sold 1,000 shares of the stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $40.65, for a total transaction of $40,650.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 2.30% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in HA. GSA Capital Partners LLP lifted its position in shares of Hawaiian by 44.7% in the 3rd quarter. GSA Capital Partners LLP now owns 29,227 shares of the transportation company’s stock worth $1,097,000 after purchasing an additional 9,027 shares during the period. California Public Employees Retirement System lifted its position in shares of Hawaiian by 9.0% in the 3rd quarter. California Public Employees Retirement System now owns 134,448 shares of the transportation company’s stock worth $5,049,000 after purchasing an additional 11,048 shares during the period. Cubist Systematic Strategies LLC lifted its position in shares of Hawaiian by 96.8% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 9,840 shares of the transportation company’s stock worth $369,000 after purchasing an additional 4,840 shares during the period. Granahan Investment Management Inc. MA lifted its position in shares of Hawaiian by 100.1% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 58,030 shares of the transportation company’s stock worth $2,179,000 after purchasing an additional 29,036 shares during the period. Finally, U S Global Investors Inc. lifted its position in shares of Hawaiian by 19.9% in the 3rd quarter. U S Global Investors Inc. now owns 123,238 shares of the transportation company’s stock worth $4,621,000 after purchasing an additional 20,449 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

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Hawaiian Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Hawaiian (NASDAQ:HA)

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