Hawaiian Holdings, Inc. (NASDAQ: HA) closed the day trading at $13.54 down -2.24% from the previous closing price of $13.85. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 689032 shares were traded.
Ratios:
For a better understanding of HA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 21.35 whereas as Long-Term Debt/Eq ratio is at 19.92.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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. On Apr 28 ’23, another insider, Alter Aaron J, who serves as the Exec VP & Chief Legal Officer of the company, sold 3,000 shares for $8.19 each. As a result, the insider received 24,582 and left with 120,698 shares of the company.
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 701.71M and an Enterprise Value of 1.83B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 7.35. Its current Enterprise Value per Revenue stands at 0.67 whereas that against EBITDA is -16.28.
Stock Price History:
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 13.97, while the 200-Day Moving Average is calculated to be 10.11.
Shares Statistics:
Over the past 3-months, HA traded about 1.16M shares per day on average, while over the past 10 days, HA traded about 744.56k shares per day. A total of 51.82M shares are outstanding, with a floating share count of 50.11M. Insiders hold about 3.30% of the company’s shares, while institutions hold 84.17% stake in the company. Shares short for HA as of Feb 29, 2024 were 6.1M with a Short Ratio of 5.28, compared to 6.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.78% and a Short% of Float of 16.19%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of -$2.62 for the current quarter, with a high estimate of -$2.1 and a low estimate of -$2.84, while EPS last year was -$2.17. The consensus estimate for the next quarter is -$0.48, with high estimates of -$0.26 and low estimates of -$0.89.
Analysts are recommending an EPS of between -$2.7 and -$4.6 for the fiscal current year, implying an average EPS of -$3.75. EPS for the following year is -$0.77, with 6 analysts recommending between $0.85 and -$2.15.
Revenue Estimates
6 analysts predict $628.95M in revenue for the current quarter. It ranges from a high estimate of $640.22M to a low estimate of $621.8M. As of the current estimate, Hawaiian Holdings, Inc.’s year-ago sales were $605.9M, an estimated increase of 3.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $772M, an increase of 9.20% over than the figure of $3.80% in the same quarter last year. There is a high estimate of $787.9M for the next quarter, whereas the lowest estimate is $756.2M.
A total of 6 analysts have provided revenue estimates for HA’s current fiscal year. The highest revenue estimate was $3.06B, while the lowest revenue estimate was $2.94B, resulting in an average revenue estimate of $3.01B. In the same quarter a year ago, actual revenue was $2.72B, up 11.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $3.38B in the next fiscal year. The high estimate is $3.44B and the low estimate is $3.33B. The average revenue growth estimate for next year is up 12.10% from the average revenue estimate for this year.
