Hawaiian (NASDAQ:HA) had its price objective lowered by investment analysts at Citigroup from $43.00 to $40.00 in a research note issued on Thursday. The firm presently has a “neutral” rating on the transportation company’s stock. Citigroup’s target price would indicate a potential upside of 5.24% from the stock’s current price.

HA has been the topic of a number of other reports. Imperial Capital reiterated an “outperform” rating and issued a $77.00 price target (up from $74.00) on shares of Hawaiian in a research report on Thursday, September 27th. ValuEngine raised Hawaiian from a “strong sell” rating to a “sell” rating in a research note on Monday, September 17th. Morgan Stanley lowered their target price on Hawaiian from $37.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, November 14th. Buckingham Research lowered their target price on Hawaiian from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Wednesday, October 10th. Finally, BidaskClub raised Hawaiian from a “sell” rating to a “hold” rating in a research note on Saturday, September 29th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Hawaiian has an average rating of “Hold” and a consensus target price of $43.58.

Shares of NASDAQ:HA opened at $38.01 on Thursday. The company has a market capitalization of $1.88 billion, a P/E ratio of 6.74 and a beta of 1.40. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 0.82. Hawaiian has a fifty-two week low of $31.46 and a fifty-two week high of $44.25.

Hawaiian (NASDAQ:HA) last announced its quarterly earnings results on Tuesday, October 23rd. The transportation company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.17. The business had revenue of $759.10 million for the quarter, compared to the consensus estimate of $762.00 million. Hawaiian had a net margin of 13.22% and a return on equity of 30.56%. Hawaiian’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the company posted $1.92 EPS. On average, analysts forecast that Hawaiian will post 5.56 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Aperio Group LLC grew its stake in shares of Hawaiian by 7.6% during the 2nd quarter. Aperio Group LLC now owns 19,491 shares of the transportation company’s stock worth $701,000 after acquiring an additional 1,370 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Hawaiian by 12.8% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,113 shares of the transportation company’s stock valued at $486,000 after buying an additional 1,373 shares during the last quarter. Neuburgh Advisers LLC boosted its holdings in shares of Hawaiian by 18.1% in the 2nd quarter. Neuburgh Advisers LLC now owns 9,112 shares of the transportation company’s stock valued at $328,000 after buying an additional 1,394 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Hawaiian by 23.8% in the 3rd quarter. Riverhead Capital Management LLC now owns 8,334 shares of the transportation company’s stock valued at $334,000 after buying an additional 1,600 shares during the last quarter. Finally, Summit Global Investments boosted its holdings in shares of Hawaiian by 9.7% in the 3rd quarter. Summit Global Investments now owns 19,200 shares of the transportation company’s stock valued at $770,000 after buying an additional 1,700 shares during the last quarter. 88.16% of the stock is owned by institutional investors.

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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