In the last trading session, 2.45 million Hawaiian Holdings, Inc. (NASDAQ:HA) shares changed hands as the company’s beta touched 2.13. With the company’s per share price at $5.07 changed hands at $0.37 or 7.87% during last session, the market valuation stood at $261.76M. HA’s last price was a discount, traded about -189.15% off its 52-week high of $14.66. The share price had its 52-week low at $3.70, which suggests the last value was 27.02% up since then. When we look at Hawaiian Holdings, Inc.’s average trading volume, we note the 10-day average is 2.02 million shares, with the 3-month average coming to 2.49 million.

Analysts gave the Hawaiian Holdings, Inc. (HA) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 3.38. If we narrow down to specifics, the data shows that 1 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended HA as a Hold, 0 felt it is a Buy and 1 rated the stock as Underweight. Hawaiian Holdings, Inc.’s EPS for the current quarter is expected to be -$2.35.

Hawaiian Holdings, Inc. (NASDAQ:HA) trade information

Instantly HA was in green as seen at the end of in last trading. With action 23.96%, the performance over the past five days has been green. The jump to weekly highs of 5.12 on Monday, 11/20/23 added 7.87% to the stock’s daily price. The company’s shares are showing year-to-date downside of -50.58%, with the 5-day performance at 23.96% in the green. However, in the 30-day time frame, Hawaiian Holdings, Inc. (NASDAQ:HA) is 19.58% up. Looking at the short shares, we see there were 7.8 million shares sold at short interest cover period of 2.15 days.

The consensus price target for the stock as assigned by Wall Street analysts is $4.08, meaning bulls need a downside of -24.26% from its current market value. According to analyst projections, HA’s forecast low is $3.00 with $5.00 as the target high. To hit the forecast high, the stock’s price needs a 1.38% surge from its current level, while the stock would need to tank 40.83% for it to hit the projected low.

Hawaiian Holdings, Inc. (HA) estimates and forecasts

Data shows that the Hawaiian Holdings, Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -37.71% over the past 6 months, a -47.06% in annual growth rate that is considerably lower than the industry average of -6.60%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Hawaiian Holdings, Inc. will fall -379.60%, while the growth in revenue is estimated to hit 14.70% for the next quarter. Year-over-year growth is forecast to reach 2.80% up from the last financial year.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of $667.12 million. 5 analysts are of the opinion that Hawaiian Holdings, Inc.’s revenue for the quarter ending Mar 2024 will be $656.92 million. The company’s revenue for the corresponding quarters a year ago was $731.03 million and $605.9 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.70%. The estimates for the next quarter sales put growth at 8.40%.

The 2023 estimates are for Hawaiian Holdings, Inc. earnings to decrease by -44.13%.

HA Dividends

Hawaiian Holdings, Inc. is expected to release its next quarterly earnings report between January 29 and February 02.

Hawaiian Holdings, Inc. (NASDAQ:HA)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.07% of Hawaiian Holdings, Inc. shares while 82.11% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.70%. There are 82.11% institutions holding the Hawaiian Holdings, Inc. stock share, with Blackrock Inc. the top institutional holder. As of Jun 29, 2023, the company held 18.47% of the shares, roughly 9.53 million HA shares worth $102.68 million.

U.S. Global Investors, Inc. holds the second largest percentage of outstanding shares, with 11.23% or 5.8 million shares worth $36.72 million as of Sep 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were ETF Series Solutions-U.S. Global Jets ETF and iShares Core S&P Smallcap ETF. With 5.83 million shares estimated at $62.75 million under it, the former controlled 11.28% of total outstanding shares. On the other hand, iShares Core S&P Smallcap ETF held about 6.76% of the shares, roughly 3.49 million shares worth around $22.1 million.