For today’s bulletin, we take a look at Hawaiian Holdings (HA) and provide a link to download a FREE STOCK REPORT on the company
VALUATION WATCH: Overvalued stocks now make up 63.22% of our stocks assigned a valuation and 25.82% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued.
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For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Hawaiian Holdings (HA) is our top-rated upgrade this week and it is a STRONG BUY. Western Digital (WDC) and Pennantpark Investments (PNNT) are our other STRONG BUY upgrades for the day. We also have Clean Energy Fuels (CLNE) and LCI Industries (LCII) as BUY upgrades for today.
| Ticker | Company Name | Market Price | Valuation | Last 12-M Return | 1-M Forecast Return | 1-Yr Forecast Return | P/E Ratio | Sector Name |
| HA | HAWAIIAN HLDGS | 53.8 | 1.36% | 30.74% | 1.09% | 13.08% | 9.83 | Transportation |
| WDC | WESTERN DIGITAL | 90.72 | -3.22% | 137.92% | 1.09% | 13.04% | 13.86 | Computer and Technology |
| PNNT | PENNANTPARK INV | 7.8 | 2.90% | 27.66% | 1.08% | 13.01% | 8.97 | Finance |
| CLNE | CLEAN EGY FUELS | 2.48 | -69.68% | -9.82% | 0.99% | 11.87% | 10.78 | Utilities |
| LCII | LCI INDUSTRIES | 95.05 | N/A | 47.96% | 0.63% | 7.54% | 17.21 | Auto-Tires-Trucks |
We found an airline that hasn’t been in the news for treating customers like cattle! Perhaps those flying around Hawaii are just in a better move? All joking aside, our models have upgraded Hawaiian Holdings–parent of Hawaiian Airlines–to STRONG BUY.
Hawaiian Holdings (HA) is a holding company of Hawaiian Airlines. Hawaiian Airlines is the largest airline headquartered in Hawaii. They are engaged primarily in the scheduled transportation of passengers, cargo and mail. Scheduled passenger service consists of daily service between Hawaii and Las Vegas, Nevada and the four key United States West Coast gateway cities of Los Angeles and San Francisco, California, Seattle, Washington and Portland, Oregon; daily service among the major islands of Hawaii; and bi-weekly service to Pago Pago, American Samoa, Papeete and Tahiti.
The company recently reported earnings for Q1 2017. At that time, the CEO, Mark Dunkerly, note that “the year has started extremely well. Strong demand coupled with benign industry capacity growth in our geographies have given us a robust operating environment sufficient to more than offset the impact of the rising price of fuel.”
For Q1, the company showed net income of @$37 million or $0.68/share. This was down from the same quarter last year, when the company reported income of $0.95/share. Revenues were up @11% with the company reporting $614.2 million vs $551.2 million last year. Investors have taken notice of the stock, and the share price increased @17% during the month of April.
Below is today’s data on Hawaiian Holdings (HA):
VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for Hawaiian Holdings on 2017-05-05. Based on the information we have gathered and our resulting research, we feel that Hawaiian Holdings has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Sharpe Ratio and P/E Ratio.
You can download a free copy of detailed report on Hawaiian Holdings (HA) from the link below.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 54.39 | 1.09% |
| 3-Month | 54.07 | 0.51% |
| 6-Month | 54.67 | 1.62% |
| 1-Year | 60.84 | 13.08% |
| 2-Year | 54.93 | 2.10% |
| 3-Year | 54.67 | 1.62% |
| Valuation & Rankings | |||
| Valuation | 1.36% overvalued | Valuation Rank(?) | 62 |
| 1-M Forecast Return | 1.09% | 1-M Forecast Return Rank | 99 |
| 12-M Return | 30.74% | Momentum Rank(?) | 74 |
| Sharpe Ratio | 1.15 | Sharpe Ratio Rank(?) | 95 |
| 5-Y Avg Annual Return | 45.22% | 5-Y Avg Annual Rtn Rank | 98 |
| Volatility | 39.22% | Volatility Rank(?) | 42 |
| Expected EPS Growth | -11.57% | EPS Growth Rank(?) | 12 |
| Market Cap (billions) | 2.91 | Size Rank | 76 |
| Trailing P/E Ratio | 9.83 | Trailing P/E Rank(?) | 93 |
| Forward P/E Ratio | 11.12 | Forward P/E Ratio Rank | 80 |
| PEG Ratio | n/a | PEG Ratio Rank | n/a |
| Price/Sales | 1.16 | Price/Sales Rank(?) | 66 |
| Market/Book | 5.21 | Market/Book Rank(?) | 26 |
| Beta | 1.20 | Beta Rank | 30 |
| Alpha | 0.08 | Alpha Rank | 70 |
DOWNLOAD A FREE SAMPLE OF OUR HAWAIIAN HOLDINGS (HA) REPORT BY CLICKING HERE
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