Advertisement
U.S. markets open in 2 hours 16 minutes
  • S&P Futures

    5,196.25
    -18.50 (-0.35%)
     
  • Dow Futures

    39,127.00
    -96.00 (-0.24%)
     
  • Nasdaq Futures

    18,151.75
    -79.75 (-0.44%)
     
  • Russell 2000 Futures

    2,041.90
    -7.90 (-0.39%)
     
  • Crude Oil

    82.60
    -0.12 (-0.15%)
     
  • Gold

    2,157.60
    -6.70 (-0.31%)
     
  • Silver

    25.12
    -0.14 (-0.55%)
     
  • EUR/USD

    1.0850
    -0.0027 (-0.25%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • Vix

    14.60
    +0.27 (+1.88%)
     
  • GBP/USD

    1.2685
    -0.0043 (-0.34%)
     
  • USD/JPY

    150.4950
    +1.3970 (+0.94%)
     
  • Bitcoin USD

    62,689.29
    -5,414.18 (-7.95%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,708.11
    -14.44 (-0.19%)
     
  • Nikkei 225

    40,003.60
    +263.20 (+0.66%)
     

Can the Hawaiian Holdings (HA) Run Higher on Strong Earnings Estimate Revisions?

Hawaiian Holdings Inc. (HA) is an Airlines company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on HA’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Hawaiian Holdings could be a solid choice for investors.

Current Quarter Estimates for HA

In the past 30 days, 3 estimates have gone higher for Hawaiian Holdings while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 25 cents a share 30 days ago, to 36 today, a move of 44.0%.

Current Year Estimates for HA

Meanwhile, Hawaiian Holdings’ current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to no lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.37 per share 30 days ago to $1.52 per share today, an increase of 11.0%.

Bottom Line

The stock has also started to move higher lately, adding 39.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1(Strong Buy) stock to profit in the near future.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




HAWAIIAN HOLDINGS INC (HA): Free Stock Analysis Report


Zacks Investment Research

Advertisement