United Airlines Holdings, Inc. (NASDAQ:UAL) Given Average Rating of “Buy” by Brokerages

Shares of United Airlines Holdings, Inc. (NASDAQ:UALGet Rating) have received an average recommendation of “Buy” from the eighteen brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $63.33.

UAL has been the subject of several analyst reports. The Goldman Sachs Group raised their price target on shares of United Airlines from $52.00 to $59.00 and gave the stock a “buy” rating in a report on Friday. MKM Partners raised their price target on shares of United Airlines from $53.00 to $59.00 and gave the stock a “buy” rating in a report on Friday. Raymond James lowered their price target on shares of United Airlines from $67.00 to $62.00 and set an “outperform” rating for the company in a report on Monday, March 21st. Susquehanna lowered their price target on shares of United Airlines from $60.00 to $55.00 in a report on Friday, January 21st. Finally, UBS Group lowered shares of United Airlines from a “buy” rating to a “neutral” rating and set a $51.00 price target for the company. in a report on Monday, April 18th.

NASDAQ:UAL opened at $51.00 on Monday. The firm’s 50 day simple moving average is $43.08 and its 200 day simple moving average is $44.75. The company has a debt-to-equity ratio of 8.24, a current ratio of 1.04 and a quick ratio of 1.14. United Airlines has a one year low of $30.54 and a one year high of $60.58. The company has a market cap of $16.56 billion, a PE ratio of -8.39 and a beta of 1.40.

United Airlines (NASDAQ:UALGet Rating) last posted its earnings results on Wednesday, April 20th. The transportation company reported ($4.24) EPS for the quarter, missing the consensus estimate of ($4.21) by ($0.03). United Airlines had a negative return on equity of 73.54% and a negative net margin of 6.85%. The business had revenue of $7.57 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter in the prior year, the business earned ($7.50) earnings per share. The firm’s quarterly revenue was up 134.9% on a year-over-year basis. Equities research analysts expect that United Airlines will post -2.21 EPS for the current year.

A number of hedge funds have recently made changes to their positions in UAL. Strategic Asset Management LLC bought a new stake in United Airlines during the 3rd quarter valued at $30,000. Citizens National Bank Trust Department purchased a new position in United Airlines during the 4th quarter worth $31,000. EverSource Wealth Advisors LLC purchased a new position in United Airlines during the 4th quarter worth $34,000. Hudock Inc. boosted its holdings in United Airlines by 33.9% during the 3rd quarter. Hudock Inc. now owns 790 shares of the transportation company’s stock worth $37,000 after acquiring an additional 200 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in United Airlines by 159.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 893 shares of the transportation company’s stock worth $42,000 after acquiring an additional 549 shares during the last quarter. Institutional investors and hedge funds own 58.51% of the company’s stock.

About United Airlines (Get Rating)

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties.

See Also

Analyst Recommendations for United Airlines (NASDAQ:UAL)

Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.