Hawaiian Holdings Inc (NASDAQ: HA) stock suffered a major decline of -11.6% on 7/24/24. The shares closed at $11.52. Moreover, exceptionally high trading volume at 810% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -15.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HA is expected to continue to be a modest Value Builder.
Hawaiian Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hawaiian Holdings has a very low Appreciation Score of 6 but a very high Power Rating of 97, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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