why Hawaiian Holdings, Inc. [HA] is a Good Choice for Investors After New Price Target of $15.25

Hawaiian Holdings, Inc. [NASDAQ: HA] price plunged by -11.59 percent to reach at -$1.51.

The one-year HA stock forecast points to a potential upside of 24.46. The average equity rating for HA stock is currently 2.60, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on 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 $15.25 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 2.60. 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.

TD Cowen have made an estimate for Hawaiian Holdings, Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 17, 2024. While these analysts kept the previous recommendation, Deutsche Bank dropped their target price from $4 to $16. The new note on the price target was released on December 04, 2023, representing the official price target for Hawaiian Holdings, Inc. stock. Previously, the target price had yet another raise to $8, while Goldman analysts kept a Sell rating on HA stock. On April 22, 2022, analysts decreased their price target for HA shares from 25 to 23.

The Average True Range (ATR) for Hawaiian Holdings, Inc. is set at 0.63, with the Price to Sales ratio for HA stock in the period of the last 12 months amounting to 0.22.

HA Stock Performance Analysis:

Hawaiian Holdings, Inc. [HA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.06. With this latest performance, HA shares dropped by -7.77% in over the last four-week period, additionally sinking by -17.95% over the last 6 months – not to mention a rise of 2.31% 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 30.94, with the RSI for the last a single of trading hit 24.95, and the three-weeks RSI is set at 34.66 for Hawaiian Holdings, Inc. [HA]. The present Moving Average for the last 50 days of trading for this stock 13.21, while it was recorded at 13.21 for the last single week of trading, and 11.71 for the last 200 days.

Insight into Hawaiian Holdings, Inc. Fundamentals:

Hawaiian Holdings, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 0.89.

HA Stock EPS

With the latest financial reports released by the company, Hawaiian Holdings, Inc. posted -0.47/share EPS, while the average EPS was predicted by analysts to be reported at -0.61/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 23.00%. 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.

Hawaiian Holdings, Inc. [HA] Institutonal Ownership Details

The top three institutional holders of HA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in HA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in HA stock with ownership which is approximately 5.1238%.

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