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.

Hedge funds and other institutional investors have recently modified their holdings of the business. Metropolitan Life Insurance Co. NY raised its stake in Hawaiian by 353.5% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,418 shares of the transportation company’s stock valued at $434,000 after purchasing an additional 12,798 shares during the last quarter. Macquarie Group Ltd. raised its stake in Hawaiian by 15.8% in the 4th quarter. Macquarie Group Ltd. now owns 776,667 shares of the transportation company’s stock valued at $20,512,000 after purchasing an additional 106,169 shares during the last quarter. Brinker Capital Inc. acquired a new position in Hawaiian in the 1st quarter valued at about $227,000. Piedmont Investment Advisors Inc. raised its stake in Hawaiian by 4.0% in the 1st quarter. Piedmont Investment Advisors Inc. now owns 12,226 shares of the transportation company’s stock valued at $321,000 after purchasing an additional 475 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in Hawaiian by 112.6% in the 1st quarter. Advisor Group Inc. now owns 40,620 shares of the transportation company’s stock valued at $1,067,000 after purchasing an additional 21,518 shares during the last quarter. Institutional investors own 93.33% of the company’s stock.

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.

About Hawaiian

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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Earnings History and Estimates for Hawaiian (NASDAQ:HA)

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