FY2018 Earnings Estimate for Hawaiian Holdings, Inc. (HA) Issued By Imperial Capital

Hawaiian Holdings, Inc. (NASDAQ:HA) – Analysts at Imperial Capital cut their FY2018 earnings estimates for Hawaiian in a research report issued on Wednesday, January 9th. Imperial Capital analyst M. Derchin now anticipates that the transportation company will post earnings of $5.45 per share for the year, down from their prior estimate of $5.48. Imperial Capital currently has a “Outperform” rating and a $40.00 target price on the stock. Imperial Capital also issued estimates for Hawaiian’s Q4 2018 earnings at $1.02 EPS, Q3 2019 earnings at $1.98 EPS, Q4 2019 earnings at $1.10 EPS and FY2020 earnings at $6.00 EPS.

Hawaiian (NASDAQ:HA) last released its quarterly earnings data on Tuesday, October 23rd. The transportation company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.17. The firm had revenue of $759.10 million for the quarter, compared to the consensus estimate of $762.00 million. Hawaiian had a return on equity of 30.56% and a net margin of 13.22%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.92 earnings per share.

Other equities research analysts have also recently issued research reports about the company. Deutsche Bank decreased their target price on Hawaiian from $45.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday, October 10th. Macquarie set a $45.00 target price on Hawaiian and gave the stock a “buy” rating in a research report on Wednesday, October 24th. TheStreet cut Hawaiian from a “b-” rating to a “c+” rating in a research report on Tuesday, November 6th. BidaskClub raised Hawaiian from a “sell” rating to a “hold” rating in a research report on Saturday, September 29th. Finally, Cowen decreased their target price on Hawaiian from $41.00 to $39.00 and set a “market perform” rating for the company in a research report on Tuesday, October 9th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $39.18.

Shares of Hawaiian stock opened at $30.64 on Thursday. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 5.43 and a beta of 1.79. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.82 and a quick ratio of 0.82. Hawaiian has a 12-month low of $24.81 and a 12-month high of $44.25.

Institutional investors and hedge funds have recently bought and sold shares of the company. Bell Rock Capital LLC bought a new stake in shares of Hawaiian in the third quarter valued at approximately $122,000. First Hawaiian Bank bought a new position in Hawaiian in the third quarter worth $146,000. Cadinha & Co. LLC bought a new position in Hawaiian in the third quarter worth $200,000. Verition Fund Management LLC bought a new position in Hawaiian in the third quarter worth $233,000. Finally, Fox Run Management L.L.C. bought a new position in Hawaiian in the third quarter worth $290,000. 88.12% of the stock is owned by institutional investors.

Hawaiian Company Profile

Hawaiian Holdings, Inc, through its subsidiary, 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 Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington.

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Earnings History and Estimates for Hawaiian (NASDAQ:HA)

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