Daily Progress: Hawaiian Holdings, Inc. (HA) Gain 1.14, Closing at 12.41

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In the latest session, Hawaiian Holdings, Inc. (NASDAQ: HA) closed at $12.41 up 1.14% from its previous closing price of $12.27. In other words, the price has increased by $1.14 from its previous closing price. On the day, 0.82 million shares were traded. HA stock price reached its highest trading level at $12.43 during the session, while it also had its lowest trading level at $12.17.

Ratios:

For a deeper understanding of Hawaiian Holdings, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.89.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on December 04, 2023, Upgraded its rating to Buy and sets its target price to $16 from $4 previously.

Deutsche Bank Downgraded its Buy to Hold on April 22, 2022, whereas the target price for the stock was revised from $25 to $23.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 27 ’23 when Alter Aaron J sold 3,000 shares for $3.93 per share. The transaction valued at 11,794 led to the insider holds 114,698 shares of the business.

Alter Aaron J sold 3,000 shares of HA for $32,694 on Jul 28 ’23. The Exec VP & Chief Legal Officer now owns 117,698 shares after completing the transaction at $10.90 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HA now has a Market Capitalization of 643441088 and an Enterprise Value of 1861691904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is -7.121.

Stock Price History:

The Beta on a monthly basis for HA is 2.40, which has changed by 0.5493133 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, HA has reached a high of $14.89, while it has fallen to a 52-week low of $3.70. The 50-Day Moving Average of the stock is -7.97%, while the 200-Day Moving Average is calculated to be 18.58%.

Shares Statistics:

For the past three months, HA has traded an average of 714.33K shares per day and 846280 over the past ten days. A total of 51.82M shares are outstanding, with a floating share count of 50.36M. Insiders hold about 2.86% of the company’s shares, while institutions hold 86.43% stake in the company. Shares short for HA as of 1713139200 were 4987644 with a Short Ratio of 6.98, compared to 1710460800 on 6560879. Therefore, it implies a Short% of Shares Outstanding of 4987644 and a Short% of Float of 9.87.

Earnings Estimates

A comprehensive evaluation of Hawaiian Holdings, Inc. (HA) is underway, with the input of 5.0 analysts contributing to its current rating.On average, analysts expect EPS of -$1.27 for the current quarter, with a high estimate of -$0.72 and a low estimate of -$1.6, while EPS last year was -$0.47. The consensus estimate for the next quarter is -$0.48, with high estimates of -$0.18 and low estimates of -$0.8.

Analysts are recommending an EPS of between -$4.2 and -$6.82 for the fiscal current year, implying an average EPS of -$5.5. EPS for the following year is -$1.54, with 5.0 analysts recommending between $0.8 and -$4.25.

Revenue Estimates

A total of 5 analysts believe the company’s revenue will be $750.16M this quarter.It ranges from a high estimate of $763M to a low estimate of $742.1M. As of the current estimate, Hawaiian Holdings, Inc.’s year-ago sales were $706.93MFor the next quarter, 5 analysts are estimating revenue of $824.38M. There is a high estimate of $839M for the next quarter, whereas the lowest estimate is $814M.

A total of 5 analysts have provided revenue estimates for HA’s current fiscal year. The highest revenue estimate was $3.03B, while the lowest revenue estimate was $2.95B, resulting in an average revenue estimate of $2.99B. In the same quarter a year ago, actual revenue was $2.72BBased on 5 analysts’ estimates, the company’s revenue will be $3.36B in the next fiscal year. The high estimate is $3.48B and the low estimate is $3.27B.

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