Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo.
Fair value with acceptable track record.
Share Price & News
How has Hawaiian Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HA underperformed the US Airlines industry which returned -10.6% over the past year.
Return vs Market: HA underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Hawaiian Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StTaking A Look At Hawaiian Holdings, Inc.'s (NASDAQ:HA) ROE
2 weeks ago | Simply Wall StHawaiian Holdings, Inc. (NASDAQ:HA) Looks Interesting, And It's About To Pay A Dividend
1 month ago | Simply Wall StThe Hawaiian Holdings (NASDAQ:HA) Share Price Is Up 49% And Shareholders Are Holding On
Is Hawaiian Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HA ($23.27) is trading above our estimate of fair value ($7.61)
Significantly Below Fair Value: HA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HA is good value based on its PE Ratio (4.9x) compared to the Airlines industry average (6.9x).
PE vs Market: HA is good value based on its PE Ratio (4.9x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: HA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HA is good value based on its PB Ratio (1x) compared to the US Airlines industry average (1.3x).
How is Hawaiian Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HA's earnings are forecast to decline over the next 3 years (-3.5% per year).
Earnings vs Market: HA's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: HA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HA's revenue (4.4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: HA's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HA's Return on Equity is forecast to be low in 3 years time (13.4%).
How has Hawaiian Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HA has high quality earnings.
Growing Profit Margin: HA's current net profit margins (7.9%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: HA's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: HA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HA had negative earnings growth (-4%) over the past year, making it difficult to compare to the Airlines industry average (41.3%).
Return on Equity
High ROE: HA's Return on Equity (20.7%) is considered high.
Return on Assets
Return on Capital Employed
How is Hawaiian Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: HA's short term assets ($874.7M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: HA's short term assets ($874.7M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: HA's debt to equity ratio (55.5%) is considered high.
Reducing Debt: HA's debt to equity ratio has reduced from 286.1% to 55.5% over the past 5 years.
Debt Coverage: HA's debt is well covered by operating cash flow (80.8%).
Interest Coverage: HA's interest payments on its debt are well covered by EBIT (29.4x coverage).
Inventory Level: HA has a high level of physical assets or inventory.
Debt Coverage by Assets: HA's debt is covered by short term assets (assets are 1.5x debt).
What is Hawaiian Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HA's dividend (2.06%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: HA's dividend (2.06%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HA has been paying a dividend for less than 10 years.
Growing Dividend: HA has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.2%), HA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HA's dividends in 3 years are forecast to be thoroughly covered by earnings (11.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Ingram (53yo)
Mr. Peter R. Ingram has been President, Chief Executive Officer and Director of Hawaiian Holdings, Inc., and Hawaiian Airlines, Inc. since March 1, 2018. Mr. Ingram served as the Chief Commercial Officer o ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD3.35M) is about average for companies of similar size in the US market ($USD2.58M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|Executive VP||5.1yrs||US$1.46m||0.15% $1.6m|
|Executive VP||4.1yrs||US$1.48m||0.062% $657.0k|
|Senior VP of Global Sales & Alliances of Hawaiian Airlines Inc||5.5yrs||US$961.53k||0.058% $621.9k|
|Executive VP & COO of Hawaiian Airlines Inc||4.3yrs||US$2.01m||0.075% $799.3k|
|Senior Director of Investor Relations||0yrs||no data||no data|
|Managing Director of Investor Relations||0yrs||no data||no data|
|Senior Vice President of Corporate Communications & Public Affairs - Hawaiian Airlines||8.3yrs||no data||no data|
|Senior Vice President of Marketing - Hawaiian Airlines||5.6yrs||no data||no data|
Experienced Management: HA's management team is seasoned and experienced (5.1 years average tenure).
|Independent Director||3.2yrs||US$211.38k||0.046% $494.1k|
|Independent Director||3.8yrs||US$246.20k||0.016% $172.3k|
|Independent Chairman of the Board||15.6yrs||US$319.55k||0.76% $8.1m|
|Independent Director||15.6yrs||US$213.83k||0.11% $1.2m|
|Independent Director||5.8yrs||US$190.61k||0.028% $303.3k|
|Independent Director||13.7yrs||US$249.06k||0.049% $517.6k|
|Independent Director||14.3yrs||US$194.09k||0.035% $372.3k|
|Independent Director||8.5yrs||US$260.22k||0.082% $869.9k|
|Independent Director||3.8yrs||US$196.86k||0.016% $172.3k|
Experienced Board: HA's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hawaiian Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hawaiian Holdings, Inc.
- Ticker: HA
- Exchange: NasdaqGS
- Founded: 1929
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$1.067b
- Shares outstanding: 45.87m
- Website: https://www.hawaiianairlines.com
Number of Employees
- Hawaiian Holdings, Inc.
- 3375 Koapaka Street
- Suite G-350
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HA||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1995|
|1HW||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1995|
|0J3N||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 1995|
Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York. It also provides daily service on Neighbor Island routes among the six islands of the State of Hawai'I; and international routes between the State of Hawai'i and Sydney, Australia, as well as Tokyo and Osaka, Japan. In addition, the company offers scheduled service between the State of Hawai'i and Pago Pago, American Samoa; Papeete, Tahiti; Brisbane, Australia; Auckland, New Zealand; Sapporo, Japan; and Seoul, South Korea, as well as various ad hoc charters. Hawaiian Holdings, Inc. distributes its tickets through various distribution channels, including its Website hawaiianairlines.com primarily for North America and Neighbor Island routes, as well as through travel agencies and wholesale distributors for its international routes. As of December 31, 2019, the company’s fleet consisted of 20 Boeing 717-200 aircraft for the Neighbor Island routes; 24 Airbus A330-200 aircraft; and 17 Airbus A321-200 for the North America, international, and charter routes, as well as owns 4 ATR42 aircrafts. Hawaiian Holdings, Inc. was founded in 1929 and is headquartered in Honolulu, Hawaii.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:01|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.