Hawaiian Holdings, Inc. (NASDAQ:HA) Expected to Post Earnings of $1.04 Per Share
Brokerages expect that Hawaiian Holdings, Inc. (NASDAQ:HA) will announce earnings of $1.04 per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Hawaiian’s earnings. The highest EPS estimate is $1.15 and the lowest is $0.87. Hawaiian posted earnings of $1.44 per share during the same quarter last year, which would indicate a negative year over year growth rate of 27.8%. The company is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, July 30th.
On average, analysts expect that Hawaiian will report full year earnings of $3.93 per share for the current year, with EPS estimates ranging from $3.46 to $4.25. For the next year, analysts expect that the business will post earnings of $3.79 per share, with EPS estimates ranging from $2.16 to $5.50. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Hawaiian.
HA has been the topic of a number of research reports. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. BidaskClub upgraded shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Thursday, July 18th. Imperial Capital reiterated an “outperform” rating and issued a $38.00 price objective (up from $36.00) on shares of Hawaiian in a research report on Wednesday, April 10th. Zacks Investment Research upgraded shares of Green Brick Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Finally, Macquarie lowered shares of Alaska Air Group from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $79.00 to $63.00 in a research report on Monday. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $31.50.
Shares of HA traded down $0.67 during mid-day trading on Monday, reaching $26.44. 661,700 shares of the company’s stock were exchanged, compared to its average volume of 771,506. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.53. The stock has a market cap of $1.30 billion, a PE ratio of 4.86 and a beta of 1.80. The stock’s fifty day simple moving average is $27.01. Hawaiian has a 52-week low of $24.24 and a 52-week high of $44.25.
Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York.
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