Hawaiian Holdings Inc. [NASDAQ: HA] slipped around -3.72 points on Thursday, while shares priced at $26.20 at the close of the session, down -12.43%. The company report on June 10, 2021 that Boyd Gaming and Hawaiian Airlines Launch Partnership, Offering More Opportunities to Earn B Connected Rewards and HawaiianMiles.
Boyd Gaming Corporation and Hawaiian Airlines announced a groundbreaking strategic partnership that will allow members to earn even more benefits and rewards with Boyd Gaming’s award-winning B Connected player loyalty program and the carrier’s celebrated HawaiianMiles program.
Effective, Boyd Gaming and Hawaiian Airlines loyalty members will enjoy reciprocal earning and redemption benefits with Boyd Gaming’s B Connected Points and the airline’s HawaiianMiles program. The partnership provides customers with greater access to B Connected’s exciting selection of reward tiers, exclusive player benefits and memorable entertainment experiences, as well as more ways to earn and use HawaiianMiles – making membership in both loyalty programs more attractive and valuable than ever.
Hawaiian Holdings Inc. stock is now 48.02% up from its year-to-date (YTD) trading value. HA Stock saw the intraday high of $29.97 and lowest of $26.11 per share. The company’s 52-week high price is 31.38, which means current price is +55.58% above from all time high which was touched on 06/09/21.
Compared to the average trading volume of 889.30K shares, HA reached a trading volume of 2402349 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hawaiian Holdings Inc. [HA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HA shares is $26.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HA stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
MKM Partners have made an estimate for Hawaiian Holdings Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 10, 2021. The new note on the price target was released on April 28, 2021, representing the official price target for Hawaiian Holdings Inc. stock.
The Average True Range (ATR) for Hawaiian Holdings Inc. is set at 1.45, with the Price to Sales ratio for HA stock in the period of the last 12 months amounting to 2.85. The Price to Book ratio for the last quarter was 2.12, with the Price to Cash per share for the same quarter was set at 36.92.
How has HA stock performed recently?
Hawaiian Holdings Inc. [HA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.08. With this latest performance, HA shares gained by 8.94% in over the last four-week period, additionally plugging by 31.13% over the last 6 months – not to mention a rise of 46.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HA stock in for the last two-week period is set at 50.66, with the RSI for the last a single of trading hit 48.70, and the three-weeks RSI is set at 51.36 for Hawaiian Holdings Inc. [HA]. The present Moving Average for the last 50 days of trading for this stock 25.51, while it was recorded at 27.40 for the last single week of trading, and 20.65 for the last 200 days.
Hawaiian Holdings Inc. [HA]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Hawaiian Holdings Inc. [HA] shares currently have an operating margin of -55.43 and a Gross Margin at -37.49. Hawaiian Holdings Inc.’s Net Margin is presently recorded at -60.70.
Return on Total Capital for HA is now -18.96, given the latest momentum, and Return on Invested Capital for the company is -22.49. Return on Equity for this stock declined to -60.75, with Return on Assets sitting at -11.63. When it comes to the capital structure of this company, Hawaiian Holdings Inc. [HA] has a Total Debt to Total Equity ratio set at 312.85. Additionally, HA Total Debt to Total Capital is recorded at 75.78, with Total Debt to Total Assets ending up at 43.26. Long-Term Debt to Equity for the company is recorded at 276.39, with the Long-Term Debt to Total Capital now at 66.95.
Reflecting on the efficiency of the workforce at the company, Hawaiian Holdings Inc. [HA] managed to generate an average of -$96,805 per employee. Receivables Turnover for the company is 5.19 with a Total Asset Turnover recorded at a value of 0.19.Hawaiian Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.
Earnings analysis for Hawaiian Holdings Inc. [HA]
With the latest financial reports released by the company, Hawaiian Holdings Inc. posted -3.81/share EPS, while the average EPS was predicted by analysts to be reported at -3.48/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -9.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HA.
Insider trade positions for Hawaiian Holdings Inc. [HA]
There are presently around $980 million, or 74.40% of HA stock, in the hands of institutional investors. The top three institutional holders of HA stocks are: BLACKROCK INC. with ownership of 8,224,969, which is approximately 6.024% of the company’s market cap and around 2.80% of the total institutional ownership; VANGUARD GROUP INC, holding 4,680,175 shares of the stock with an approximate value of $122.62 million in HA stocks shares; and LORD, ABBETT & CO. LLC, currently with $77.76 million in HA stock with ownership of nearly 40.487% of the company’s market capitalization.
Positions in Hawaiian Holdings Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 95 institutional holders increased their position in Hawaiian Holdings Inc. [NASDAQ:HA] by around 4,748,824 shares. Additionally, 77 investors decreased positions by around 3,637,864 shares, while 46 investors held positions by with 29,024,983 shares. The mentioned changes placed institutional holdings at 37,411,671 shares, according to the latest SEC report filing. HA stock had 43 new institutional investments in for a total of 2,070,259 shares, while 23 institutional investors sold positions of 654,994 shares during the same period.