The stock of Hawaiian Holdings, Inc. (HA) has gone up by 0.46% for the week, with a -4.14% drop in the past month and a -4.07% drop in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are 2.27% for HA.. The simple moving average for the past 20 days is -1.55% for HA’s stock, with a 27.55% simple moving average for the past 200 days.
Is It Worth Investing in Hawaiian Holdings, Inc. (NASDAQ: HA) Right Now?
Company’s 36-month beta value is 2.39.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 2 as “sell.”
The public float for HA is 50.11M, and currently, short sellers hold a 12.07% ratio of that floaft. The average trading volume of HA on April 12, 2024 was 1.00M shares.
HA) stock’s latest price update
Hawaiian Holdings, Inc. (NASDAQ: HA) has experienced a rise in its stock price by 0.99 compared to its previous closing price of 13.07. However, the company has seen a gain of 0.46% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-27 that Rising air travel demand boosts Hawaiian Holdings (HA). However, the company grapples with major challenges due to high costs and unfavorable liquidity.
Analysts’ Opinion of HA
Many brokerage firms have already submitted their reports for HA stocks, with Deutsche Bank repeating the rating for HA by listing it as a “Buy.” The predicted price for HA in the upcoming period, according to Deutsche Bank is $16 based on the research report published on December 04, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see HA reach a price target of $8. The rating they have provided for HA stocks is “Sell” according to the report published on December 16th, 2022.
Deutsche Bank gave a rating of “Hold” to HA, setting the target price at $23 in the report published on April 22nd of the previous year.
HA Trading at -4.17% from the 50-Day Moving Average
After a stumble in the market that brought HA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.35% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -3.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.09% lower at present.
During the last 5 trading sessions, HA rose by +0.46%, which changed the moving average for the period of 200-days by +53.40% in comparison to the 20-day moving average, which settled at $13.38. In addition, Hawaiian Holdings, Inc. saw -7.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HA starting from Alter Aaron J, who sale 3,000 shares at the price of $3.93 back on Oct 27 ’23. After this action, Alter Aaron J now owns 114,698 shares of Hawaiian Holdings, Inc., valued at $11,794 using the latest closing price.
Alter Aaron J, the Exec VP & Chief Legal Officer of Hawaiian Holdings, Inc., sale 3,000 shares at $10.90 during a trade that took place back on Jul 28 ’23, which means that Alter Aaron J is holding 117,698 shares at $32,694 based on the most recent closing price.
Stock Fundamentals for HA
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.01 for the gross margin
The net margin for Hawaiian Holdings, Inc. stands at -0.1. The total capital return value is set at -0.09. Equity return is now at value -121.53, with -5.99 for asset returns.
Based on Hawaiian Holdings, Inc. (HA), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 17.55. The interest coverage ratio of the stock is -3.34.
Currently, EBITDA for the company is -149.5 million with net debt to EBITDA at -8.86. When we switch over and look at the enterprise to sales, we see a ratio of 0.94. The receivables turnover for the company is 25.5for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In a nutshell, Hawaiian Holdings, Inc. (HA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
