Positive Media Coverage Somewhat Unlikely to Affect Hawaiian (HA) Stock Price

News articles about Hawaiian (NASDAQ:HA) have been trending positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hawaiian earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.0010964926308 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

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HA has been the topic of a number of recent research reports. Sidoti raised Hawaiian from a “neutral” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Thursday, March 8th. BidaskClub raised Hawaiian from a “sell” rating to a “hold” rating in a report on Friday. Stifel Nicolaus boosted their target price on Hawaiian from $40.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, January 30th. Argus reissued a “hold” rating and issued a $61.00 target price on shares of Hawaiian in a report on Thursday, January 11th. Finally, ValuEngine lowered Hawaiian from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $48.42.

Shares of HA stock opened at $38.70 on Friday. Hawaiian has a 1-year low of $32.40 and a 1-year high of $59.45. The firm has a market cap of $1,985.70, a P/E ratio of 6.86, a price-to-earnings-growth ratio of 3.24 and a beta of 1.54. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.53.

Hawaiian (NASDAQ:HA) last announced its quarterly earnings data on Monday, January 29th. The transportation company reported $1.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.10. Hawaiian had a return on equity of 36.52% and a net margin of 13.51%. The firm had revenue of $686.50 million for the quarter, compared to analyst estimates of $686.00 million. During the same quarter in the prior year, the company posted $1.28 earnings per share. Hawaiian’s quarterly revenue was up 8.5% on a year-over-year basis. equities analysts predict that Hawaiian will post 5.29 EPS for the current fiscal year.

Hawaiian declared that its Board of Directors has authorized a share buyback program on Tuesday, December 5th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the transportation company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

In other Hawaiian news, Director Donald J. Carty acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The shares were purchased at an average price of $37.79 per share, with a total value of $188,950.00. Following the completion of the acquisition, the director now directly owns 18,675 shares of the company’s stock, valued at approximately $705,728.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

WARNING: “Positive Media Coverage Somewhat Unlikely to Affect Hawaiian (HA) Stock Price” was first reported by WKRB News and is the property of of WKRB News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.wkrb13.com/2018/04/01/positive-media-coverage-somewhat-unlikely-to-affect-hawaiian-ha-stock-price.html.

Hawaiian Company Profile

Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as its Scheduled Operations.

Insider Buying and Selling by Quarter for Hawaiian (NASDAQ:HA)

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