1 Airline That Should Buy Back More Stock -- and 1 That Should Buy Back Less
In the past few years, U.S. airlines' profits have surged due to a combination of moderate oil prices and strong demand. Many airlines have taken advantage of their rising cash flow to buy back lots of stock. This was a particularly attractive option because most airline stocks have been quite cheap in recent years.
American Airlines (NASDAQ: AAL) and Hawaiian Holdings (NASDAQ: HA) are two of the U.S. airline operators that have implemented share repurchase programs in recent years.
With its earnings at record levels and a very modest debt burden, Hawaiian Holdings should strongly consider accelerating its buybacks. By contrast, American Airlines' profitability is declining and the company has a huge debt load. As a result, American may need to suspend its share repurchases for a while.
Source: Fool.com
Hawaiian Holdings Stock
With 1 Sell predictions and 0 Buy predictions the community sentiment towards the Hawaiian Holdings stock is not clear.
This results in a negative potential of -41.18% based on a current price of 13.6 € and a target price of 8 € for the stock.