Analyst Activity: Hawaiian Holdings, Inc. (NASDAQ:HA)

The shares of Hawaiian Holdings, Inc. (NASDAQ:HA) currently has mean rating of 2.78 while 1 analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 6 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun–16 is 587.68 million by 7 analysts. The means estimate of sales for the year ending Dec-16 is 2.40 billion by 8 analysts.

The mean price target for the shares of Hawaiian Holdings, Inc. (NASDAQ:HA) is at 44.57 while the highest price target suggested by the analysts is 58.00 and low price target is 37.00. The mean price target is calculated keeping in view the consensus of 7 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Hawaiian Holdings, Inc. (NASDAQ:HA) stands at 1.08 while the EPS for the current year is fixed at 4.67 by 9 analysts.

The next one year’s EPS estimate is set at 4.55 by 9 analysts while a year ago the analysts suggested the company’s EPS at 4.67. The analysts also projected the company’s long-term growth at 16.90% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Hawaiian Holdings, Inc. (NASDAQ:HA) reported earnings of $0.80. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 5.30%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 6, 2016 Hawaiian Holdings, Inc. (NASDAQ:HA) has announced its system-wide traffic statistics for the month of May and year to date.

About Hawaiian Airlines

Hawaiian® has led all U.S. carriers in on-time performance for each of the past 12 years (2004-2015) as reported by the U.S. Department of Transportation. Consumer surveys by Conde Nast Traveler, Travel + Leisure and Zagat have all ranked Hawaiian the highest of all domestic airlines serving Hawai’i.

Now in its 87th year of continuous service, Hawaiian is Hawai’i’s biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the U.S. Mainland. Hawaiian offers non-stop service to Hawai’i from more U.S. gateway cities (11) than any other airline, along with service from Japan, South Korea, China, Australia, New Zealand, American Samoa and Tahiti. Hawaiian also provides approximately 160 jet flights daily between the Hawaiian Islands, with a total of more than 200 daily flights system-wide.