The stock has a 36-month beta value of 2.38. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 2 as “sell.”
The public float for HA is 50.34M, and at present, short sellers hold a 12.01% of that float. On April 24, 2024, the average trading volume of HA was 741.49K shares.
HA) stock’s latest price update
The stock of Hawaiian Holdings, Inc. (NASDAQ: HA) has decreased by -5.20 when compared to last closing price of 12.90. Despite this, the company has experienced a -7.71% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-23 that Hawaiian Holdings’ (NASDAQ:HA ) Q1 2024 Earnings Conference Call April 23, 2024 4:30 PM ET Company Participants Jay Schaefer – VP and Treasurer Peter Ingram – President and CEO Brent Overbeek – EVP and CRO Shannon Okinaka – EVP and CFO Conference Call Participants Conor Cunningham – Melius Research Mike Linenberg – Deutsche Bank Helane Becker – TD Cowen Dan McKenzie – Seaport Global Chris Stathoulopoulos – Susquehanna International Operator Greetings and welcome to the Hawaiian Holdings, Inc. First Quarter 2024 Financial Results Call. At this time, all participants are in a listen-only mode.
HA’s Market Performance
HA’s stock has fallen by -7.71% in the past week, with a monthly drop of -9.62% and a quarterly drop of -14.06%. The volatility ratio for the week is 2.82% while the volatility levels for the last 30 days are 2.37% for Hawaiian Holdings, Inc. The simple moving average for the past 20 days is -7.20% for HA’s stock, with a 16.87% simple moving average for the past 200 days.
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 -10.01% 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 -17.87% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares sank -7.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.81% lower at present.
During the last 5 trading sessions, HA fell by -7.55%, which changed the moving average for the period of 200-days by -1.21% in comparison to the 20-day moving average, which settled at $13.12. In addition, Hawaiian Holdings, Inc. saw -13.88% 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 0.92. 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
To sum up, Hawaiian Holdings, Inc. (HA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
