Argus Research Believes HA Won’t Stop Here

By Austin Angelo

Argus Research analyst David Coleman maintained a Buy rating on Hawaiian Holdings (NASDAQ: HA) today and set a price target of $61. The company’s shares closed yesterday at $51.35, close to its 52-week high of $53.35.

According to, Coleman is a 4-star analyst with an average return of 14.1% and a 71.9% success rate. Coleman covers the Consumer Goods sector, focusing on stocks such as British American Tobacco, Archer Daniels Midland, and Harley-Davidson.

Currently, the analyst consensus on Hawaiian Holdings is Moderate Buy and the average price target is $57.50, representing an 12.0% upside.

In a report issued on November 22, Imperial Capital also reiterated a Buy rating on the stock with a $66 price target.

Hawaiian Holdings’ market cap is currently $2.74B and has a P/E ratio of 10.27. The company has a book value ratio of 4.1212.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2016, Duane Woerth, a Director at HA sold 3,946 shares for a total of $183,607.

Hawaiian Holdings, Inc. operates as a holding company for Hawaiian Airlines, Inc. The company through its subsidiary Hawaiian Airlines, Inc. 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 U.S. (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia and Asia (the International routes). The company offers non-stop service to Hawai’i from more U.S. gateway cities, and also provides daily flights between the Hawaiian Islands. In addition, it also operates various charter flights. Hawaiian Holdings is headquartered in Honolulu, HI.