Press coverage about Hawaiian Holdings (NASDAQ:HA) has been trending somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hawaiian Holdings earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 45.7219752830002 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Hawaiian : Airlines to waive change fees for customers traveling between Honolulu and Japan due to Typhoon Talim (4-traders.com)
- Abhi Dhar Appointed to Board of Directors at Hawaiian Airlines (mauinow.com)
- When The Olympics Are Ready For Los Angeles, Will LAX Be Ready For The Olympics? (forbes.com)
- Abhi Dhar Joins Hawaiian Airlines Board of Directors – PR Newswire (press release) (prnewswire.com)
- Previous Walgreens CIO and entrepreneur joins Hawaiian Airlines board of directors (bizjournals.com)
Several equities analysts recently weighed in on the stock. Morgan Stanley restated an “underweight” rating and issued a $41.00 price objective (up from $40.00) on shares of Hawaiian Holdings in a report on Monday, July 10th. Credit Suisse Group assumed coverage on shares of Hawaiian Holdings in a report on Monday, June 5th. They issued an “outperform” rating and a $45.00 price objective on the stock. Cowen and Company cut their price objective on shares of Hawaiian Holdings from $50.00 to $47.00 and set a “market perform” rating on the stock in a report on Wednesday, July 26th. Stifel Nicolaus lowered shares of Hawaiian Holdings from a “hold” rating to a “sell” rating and cut their price objective for the company from $60.00 to $40.00 in a report on Wednesday, June 14th. Finally, Citigroup Inc. increased their price objective on shares of Hawaiian Holdings from $59.00 to $62.00 and gave the company a “neutral” rating in a report on Friday, June 9th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. Hawaiian Holdings presently has a consensus rating of “Hold” and an average price target of $52.17.
Shares of Hawaiian Holdings (HA) opened at 40.25 on Friday. Hawaiian Holdings has a 12-month low of $39.00 and a 12-month high of $60.90. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 9.79 and a beta of 1.41. The firm has a 50-day moving average of $41.90 and a 200 day moving average of $47.57.
Hawaiian Holdings (NASDAQ:HA) last issued its quarterly earnings results on Tuesday, July 25th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.05. The firm had revenue of $675.33 million for the quarter, compared to the consensus estimate of $676.59 million. Hawaiian Holdings had a net margin of 8.88% and a return on equity of 44.12%. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.21 EPS. On average, equities research analysts expect that Hawaiian Holdings will post $5.71 earnings per share for the current year.
In other news, EVP Peter R. Ingram sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $41.78, for a total value of $41,780.00. Following the transaction, the executive vice president now owns 198,411 shares in the company, valued at approximately $8,289,611.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald J. Carty purchased 3,000 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was purchased at an average price of $47.10 per share, for a total transaction of $141,300.00. Following the transaction, the director now directly owns 13,675 shares in the company, valued at approximately $644,092.50. The disclosure for this purchase can be found here. Insiders sold a total of 4,500 shares of company stock worth $202,030 in the last 90 days. Corporate insiders own 2.30% of the company’s stock.
Hawaiian Holdings 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.
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