Hawaiian Holdings (HA) Receives Media Sentiment Rating of 0.17
News coverage about Hawaiian Holdings (NASDAQ:HA) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hawaiian Holdings earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media coverage about the transportation company an impact score of 45.5805346579954 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Beaumont woman seeks damages after fall at Hilton Hawaiian Village Waikiki Beach Resort (setexasrecord.com)
- Hawaiian Holdings, Inc. (HA) Price Target Cut to $39.00 by Analysts at Morgan Stanley (americanbankingnews.com)
- Hawaiian Holdings Inc (HA) Near-Term Moving Average Signal Update – Stock Press Daily (stockpressdaily.com)
- Volume Moving the Tape For Shares of Hawaiian Holdings Inc (HA) and PennantPark Investment Corp (PNNT) – Evergreen Caller (evergreencaller.com)
- Hawaiian : Airlines Introduces A330 Featuring Full-Flat and Extra Comfort Seats to Sapporo (4-traders.com)
Several equities analysts have commented on HA shares. Buckingham Research upgraded shares of Hawaiian Holdings from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $55.00 to $63.00 in a research note on Friday, April 21st. They noted that the move was a valuation call. Deutsche Bank AG restated a “buy” rating and issued a $63.00 price objective (up previously from $60.00) on shares of Hawaiian Holdings in a research note on Sunday, April 23rd. ValuEngine downgraded shares of Hawaiian Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 29th. BidaskClub raised shares of Hawaiian Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 9th. Finally, Zacks Investment Research cut shares of Hawaiian Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 16th. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Hawaiian Holdings has an average rating of “Hold” and an average target price of $52.17.
Shares of Hawaiian Holdings (NASDAQ:HA) traded up 0.669% during trading on Friday, hitting $41.375. 85,358 shares of the stock were exchanged. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 10.064 and a beta of 1.38. Hawaiian Holdings has a 12-month low of $39.45 and a 12-month high of $60.90. The stock’s 50 day moving average is $44.35 and its 200-day moving average is $48.83.
Hawaiian Holdings (NASDAQ:HA) last posted its earnings results on Tuesday, July 25th. The transportation company reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The company had revenue of $675.33 million during 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 earnings per share. Equities research analysts anticipate that Hawaiian Holdings will post $5.76 EPS for the current year.
Hawaiian Holdings announced that its Board of Directors has authorized a share buyback program on Thursday, April 20th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the transportation company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.
In related news, insider Mark B. Dunkerley sold 19,000 shares of the company’s stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $56.91, for a total transaction of $1,081,290.00. Following the completion of the transaction, the insider now directly owns 352,942 shares in the company, valued at approximately $20,085,929.22. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Peter R. Ingram sold 1,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $41.78, for a total transaction of $41,780.00. Following the transaction, the executive vice president now owns 198,411 shares of the company’s stock, valued at $8,289,611.58. The disclosure for this sale can be found here. Insiders sold 30,500 shares of company stock valued at $1,671,260 over the last 90 days. 2.30% of the stock is owned by corporate insiders.
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About Hawaiian Holdings
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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