Hawaiian Holdings Stock Buy Hold or Sell Recommendation

HA Stock  USD 13.33  0.01  0.08%   
Allowing for the 90-day total investment horizon and your highly speculative risk level, our recommendation regarding Hawaiian Holdings is 'Strong Buy'. Macroaxis provides Hawaiian Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HA positions. The advice algorithm takes into account all of Hawaiian Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hawaiian Holdings' buy or sell advice are summarized below:
Real Value
10.08
Target Price
6.5
Hype Value
13.33
Market Value
13.33
Naive Value
12.98
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hawaiian Holdings given historical horizon and risk tolerance towards Hawaiian Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Hawaiian Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hawaiian Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.
In addition, we conduct extensive research on individual companies such as Hawaiian and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hawaiian Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Hawaiian Holdings Buy or Sell Advice

The Hawaiian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hawaiian Holdings. Macroaxis does not own or have any residual interests in Hawaiian Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hawaiian Holdings' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hawaiian HoldingsBuy Hawaiian Holdings
Strong Buy

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Hawaiian Holdings has a Risk Adjusted Performance of (0.04), Jensen Alpha of (0.21), Total Risk Alpha of (0.37) and Treynor Ratio of (0.13)
Our advice tool can cross-verify current analyst consensus on Hawaiian Holdings and to analyze the company potential to grow in the current economic cycle. To make sure Hawaiian Holdings is not overpriced, please check out all Hawaiian Holdings fundamentals, including its price to sales, net income, debt to equity, as well as the relationship between the gross profit and cash per share . Given that Hawaiian Holdings has a price to earning of 14.66 X, we strongly advise you to confirm Hawaiian Holdings market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hawaiian Holdings Trading Alerts and Improvement Suggestions

Hawaiian Holdings generated a negative expected return over the last 90 days
The company generated the yearly revenue of 2.72 B. Annual Net Loss to common stockholders was (260.49 M) with gross profit of 227.08 M.
Hawaiian Holdings reports about 1.43 B in cash with (160 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Hawaiian Holdings has a frail financial position based on the latest SEC disclosures
Over 75.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Heres Why Hawaiian Holdings Can Grace Your Portfolio

Hawaiian Holdings Returns Distribution Density

The distribution of Hawaiian Holdings' historical returns is an attempt to chart the uncertainty of Hawaiian Holdings' future price movements. The chart of the probability distribution of Hawaiian Holdings daily returns describes the distribution of returns around its average expected value. We use Hawaiian Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hawaiian Holdings returns is essential to provide solid investment advice for Hawaiian Holdings.
Mean Return
-0.1
Value At Risk
-1.97
Potential Upside
1.96
Standard Deviation
1.14
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hawaiian Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Hawaiian Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hawaiian Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hawaiian Holdings backward and forwards among themselves. Hawaiian Holdings' institutional investor refers to the entity that pools money to purchase Hawaiian Holdings' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corporation2023-12-31
1.1 M
Eckert Corp2023-12-31
1.1 M
Dimensional Fund Advisors, Inc.2023-12-31
989.6 K
Woodline Partners Lp2023-12-31
849 K
Third Avenue Management Llc2023-12-31
815.6 K
Nuveen Asset Management, Llc2023-12-31
632.6 K
Water Island Capital Llc2023-12-31
560.1 K
Northern Trust Corp2023-12-31
463.5 K
Ws Management Llp2023-12-31
450 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
2.7 M
Note, although Hawaiian Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hawaiian Holdings Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(8.8M)(1.1M)(1.6M)(5.8M)(29.0M)(27.6M)
Change In Cash104.5M136.6M(1.8M)(261.2M)(76.1M)(72.3M)
Free Cash Flow87.7M(416.0M)212.1M(105.3M)(450.2M)(427.7M)
Depreciation159.4M151.7M138.3M136.2M133.6M140.3M
Other Non Cash Items5.3M161.6M31.7M32.8M(7.5M)(7.1M)
Capital Expenditures397.4M105.3M39.3M47.5M290.2M148.3M
Net Income224.0M(510.9M)(144.8M)(240.1M)(260.5M)(247.5M)
End Period Cash Flow373.1M509.6M507.8M246.6M170.5M211.8M
Change Receivables(24.8M)29.9M(25.4M)(21.0M)(18.9M)(17.9M)
Net Borrowings117.1M602.3M1.3B184.3M212.0M308.0M
Change To Netincome147.5M94.5M153K(23.7M)(21.3M)(20.2M)
Investments(11.1M)395.8M1.9B859.8M(62.1M)(59.0M)

Hawaiian Holdings Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hawaiian Holdings or Passenger Airlines sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hawaiian Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hawaiian stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.21
β
Beta against NYSE Composite0.85
σ
Overall volatility
1.08
Ir
Information ratio -0.2

Hawaiian Holdings Volatility Alert

Hawaiian Holdings exhibits very low volatility with skewness of 0.32 and kurtosis of 1.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hawaiian Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hawaiian Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Hawaiian Holdings Implied Volatility

Hawaiian Holdings' implied volatility exposes the market's sentiment of Hawaiian Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hawaiian Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hawaiian Holdings stock will not fluctuate a lot when Hawaiian Holdings' options are near their expiration.

Hawaiian Holdings Fundamentals Vs Peers

Comparing Hawaiian Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hawaiian Holdings' direct or indirect competition across all of the common fundamentals between Hawaiian Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hawaiian Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hawaiian Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hawaiian Holdings by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hawaiian Holdings to competition
FundamentalsHawaiian HoldingsPeer Average
Return On Equity-1.22-0.31
Return On Asset-0.0547-0.14
Profit Margin(0.1) %(1.27) %
Operating Margin(0.23) %(5.51) %
Current Valuation1.82 B16.62 B
Shares Outstanding51.82 M571.82 M
Shares Owned By Insiders2.70 %10.09 %
Shares Owned By Institutions75.05 %39.21 %
Number Of Shares Shorted6.56 M4.71 M
Price To Earning14.66 X28.72 X
Price To Book7.23 X9.51 X
Price To Sales0.25 X11.42 X
Revenue2.72 B9.43 B
Gross Profit227.08 M27.38 B
EBITDA(149.5 M)3.9 B
Net Income(260.49 M)570.98 M
Cash And Equivalents1.43 B2.7 B
Cash Per Share27.77 X5.01 X
Total Debt2.04 B5.32 B
Debt To Equity6.24 %48.70 %
Current Ratio1.48 X2.16 X
Book Value Per Share1.84 X1.93 K
Cash Flow From Operations(160 M)971.22 M
Short Ratio9.07 X4.00 X
Earnings Per Share(5.05) X3.12 X
Price To Earnings To Growth(16.98) X4.89 X
Target Price10.5
Number Of Employees7.36 K18.84 K
Beta2.4-0.15
Market Capitalization690.82 M19.03 B
Total Asset4.17 B29.47 B
Retained Earnings(119.74 M)9.33 B
Working Capital25.54 M1.48 B
Note: Disposition of 9030 shares by Peter Ingram of Hawaiian Holdings at 11.23 subject to Rule 16b-3 [view details]

Hawaiian Holdings Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hawaiian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hawaiian Holdings Buy or Sell Advice

When is the right time to buy or sell Hawaiian Holdings? Buying financial instruments such as Hawaiian Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.4B2.2B2.0B2.1B
Total Assets4.6B4.1B4.2B4.4B

Use Investing Ideas to Build Portfolios

In addition to having Hawaiian Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Soft Drinks Thematic Idea Now

Soft Drinks
Soft Drinks Theme
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Hawaiian Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hawaiian Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hawaiian Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hawaiian Holdings Stock:
Check out Hawaiian Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.
Note that the Hawaiian Holdings information on this page should be used as a complementary analysis to other Hawaiian Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Hawaiian Stock analysis

When running Hawaiian Holdings' price analysis, check to measure Hawaiian Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hawaiian Holdings is operating at the current time. Most of Hawaiian Holdings' value examination focuses on studying past and present price action to predict the probability of Hawaiian Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Holdings' price. Additionally, you may evaluate how the addition of Hawaiian Holdings to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Money Managers
Screen money managers from public funds and ETFs managed around the world
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is Hawaiian Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Holdings. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
(5.05)
Revenue Per Share
52.645
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.05)
The market value of Hawaiian Holdings is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Holdings' market value can be influenced by many factors that don't directly affect Hawaiian Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.