Hawaiian Holdings Inc. (NASDAQ: HA) is -24.06% lower on its value in year-to-date trading and has touched a low of $12.76 and a high of $21.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HA stock was last observed hovering at around $13.81 in the last trading session, with the day’s gains setting it 0.14% off its average median price target of $15.00 for the next 12 months. It is also 26.58% off the consensus price target high of $19.00 offered by 7 analysts, but current levels are -39.5% lower than the price target low of $10.00 for the same period.
Currently trading at $13.95, the stock is -1.76% and -1.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.49 million and changing 1.01% at the moment leaves the stock -13.42% off its SMA200. HA registered -30.18% loss for a year compared to 6-month loss of -11.03%.
The stock witnessed a -8.52% gain in the last 1 month and extending the period to 3 months gives it a -13.57%, and is -1.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.20% over the week and 4.49% over the month.
Hawaiian Holdings Inc. (HA) has around 7112 employees, a market worth around $716.19M and $2.40B in sales. Fwd P/E is 98.94. Profit margin for the company is -13.40%. Distance from 52-week low is 9.33% and -35.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.20%).
Hawaiian Holdings Inc. (HA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Hawaiian Holdings Inc. (HA) is a “Hold”. 7 analysts offering their recommendations for the stock have an average rating of 3.10, where 6 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Hawaiian Holdings Inc. is expected to release its quarterly report on 01/24/2023.The EPS is expected to grow by 74.30% this year
Hawaiian Holdings Inc. (HA) Top Institutional Holders
The shares outstanding are 51.39M, and float is at 50.17M with Short Float at 6.03%.
Hawaiian Holdings Inc. (HA) Insider Activity
A total of 2 insider transactions have happened at Hawaiian Holdings Inc. (HA) in the last six months, with sales accounting for 0 and purchases happening 2 times. The most recent transaction is an insider sale by Snook Jonathan D., the company’s Executive VP and COO. SEC filings show that Snook Jonathan D. sold 3,600 shares of the company’s common stock on Nov 22 at a price of $14.03 per share for a total of $50508.0. Following the sale, the insider now owns 0.14 million shares.
Hawaiian Holdings Inc. disclosed in a document filed with the SEC on Nov 14 that SWELBAR WILLIAM S (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 14 and was made at $15.21 per share for $76054.0. Following the transaction, the insider now directly holds 26686.0 shares of the HA stock.
Still, SEC filings show that on Feb 28, Alter Aaron J (Exec VP & Chief Legal Officer) disposed off 2,500 shares at an average price of $19.39 for $48482.0. The insider now directly holds 79,473 shares of Hawaiian Holdings Inc. (HA).
Hawaiian Holdings Inc. (HA): Who are the competitors?
The company’s main competitors (and peers) include Delta Air Lines Inc. (DAL) that is trading -12.75% down over the past 12 months and Alaska Air Group Inc. (ALK) that is -12.12% lower over the same period. Southwest Airlines Co. (LUV) is -17.77% down on the 1-year trading charts.