Breakfast Technical Briefing on Regional Airlines Stocks — Hawaiian, JetBlue Airways, Alaska Air, and Southwest Airlines
NEW YORK, Nov. 17, 2017 /PRNewswire/ — If you want a Stock Review on HA, JBLU, ALK, or LUV then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. In the US, companies in the Regional Airlines space operate short and medium-haul scheduled airline service, often connecting smaller communities with larger cities. Almost all regional airlines operate under codeshare agreements with one or more major carriers. This morning, DailyStockTracker.com shifts focus on four players in this industry: Hawaiian Holdings Inc. (NASDAQ: HA), JetBlue Airways Corp. (NASDAQ: JBLU), Alaska Air Group Inc. (NYSE: ALK), and Southwest Airlines Co. (NYSE: LUV). Daily Stock Tracker published free research reports on these stocks today at:
Honolulu, the State of Hawai’i headquartered Hawaiian Holdings Inc.’s shares jumped 4.44%, closing Thursday’s trading session at $38.85. The stock recorded a trading volume of 1.52 million shares, which was above its three months average volume of 1.35 million shares. The Company’s shares are trading 3.28% above their 50-day moving average. Additionally, shares of Hawaiian Holdings, which through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo, have a Relative Strength Index (RSI) of 63.90.
On October 19th, 2017, Hawaiian Holdings reported its financial results for Q3 2017. Net income for Q3 2017 was $74.6 million; diluted EPS was $1.39; and pre-tax margin was 16.6%. As of September 30th, 2017, unrestricted cash, cash equivalents and short-term investments were $619 million, and outstanding debt and capital lease obligations were $506 million.
On November 16th, 2017, research firm Buckingham Research upgraded the Company’s stock rating from ‘Neutral’ to ‘Buy’. See our free and comprehensive research report on HA at:
On Thursday, shares in Long Island City, New York-based JetBlue Airways Corp. recorded a trading volume of 4.45 million shares. The stock rose 0.55%, ending the day at $20.26. The Company’s shares have advanced 0.95% in the past month. The stock is trading above its 50-day moving average by 4.54%. Furthermore, shares of JetBlue Airways, which provides air transportation services, have an RSI of 61.31.
On November 01st, 2017, research firm JP Morgan downgraded the Company’s stock rating from ‘Overweight’ to ‘Neutral’.
On November 10th, 2017, JetBlue Airways announced that it has once again earned a top score on the Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality administered by the Human Rights Campaign Foundation. In connection with its top ranking, the Airline has earned the designation as one of the Best Place to Work for LGBTQ Equality in the US for yet another year. JBLU free research report is just a click away at:
Alaska Air Group
Seattle, Washington-based Alaska Air Group Inc.’s stock finished the day 2.22% higher at $65.87. A total volume of 2.48 million shares was traded, which was above their three months average volume of 1.85 million shares. The Company’s shares are trading below their 50-day moving average by 9.99%. Additionally, shares of Alaska Air, which through its subsidiaries, provides passengers and cargo air transportation services primarily in the US, have an RSI of 43.92.
On November 03rd, 2017, Alaska Air’s board of directors of has declared a regular quarterly cash dividend of 30 cents per share. The dividend will be paid on December 07th, 2017, to all shareholders of record as of November 21st, 2017. Dividends are financed from operating cash flow and cash on hand.
On November 15th, 2017, research firm Raymond James upgraded the Company’s stock rating from ‘Outperform’ to ‘Strong Buy’. Sign up for your complimentary report on ALK at:
Shares in Dallas, Texas headquartered Southwest Airlines Co. ended yesterday’s session 1.17% higher at $55.27. The stock recorded a trading volume of 4.49 million shares. The Company’s shares have advanced 3.95% over the previous three months and 10.89% since the start of this year. The stock is trading 0.90% below its 50-day moving average. Moreover, shares of Southwest Airlines, which operates a passenger airline that provides scheduled air transportation services in the US and near-international markets, have an RSI of 52.53.
On October 27th, 2017, research firm Cowen reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $62 a share to $64 a share.
On November 15th, 2017, Southwest Airlines announced a line of upcycled fashion accessories because of a multi-year collaboration with Mexican fashion label Carla Fernández that will upcycle hundreds of pounds of leather from airplane seat covers into goods in the coming months. The line of products from LUV Seat: Mexico, which are created from used leather seat covers and handcrafted by indigenous artisans in seven Mexican communities, range from shoes and bags to ponchos and keychains. Sign up for your complimentary report on LUV at: