United Airlines Holdings, Inc. (NASDAQ:UAL – Get Rating) has been given a consensus recommendation of “Hold” by the twenty-one ratings firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $52.47.
UAL has been the subject of several recent research reports. Bank of America raised their price objective on shares of United Airlines from $35.00 to $40.00 and gave the company an “underperform” rating in a research note on Thursday, October 20th. Citigroup raised their price objective on shares of United Airlines from $56.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, October 21st. Susquehanna Bancshares lowered shares of United Airlines to a “neutral” rating and set a $35.00 price objective for the company. in a research note on Monday, July 25th. Evercore ISI decreased their price target on shares of United Airlines to $38.00 in a research note on Friday, July 22nd. Finally, TheStreet upgraded shares of United Airlines from a “d+” rating to a “c-” rating in a research note on Tuesday, September 20th.
Insiders Place Their Bets
In other United Airlines news, EVP Gregory L. Hart sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 20th. The shares were sold at an average price of $39.54, for a total transaction of $1,186,200.00. Following the sale, the executive vice president now owns 25,258 shares of the company’s stock, valued at $998,701.32. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.37% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On United Airlines
United Airlines Trading Up 4.6 %
Shares of UAL stock opened at $44.33 on Friday. The company has a debt-to-equity ratio of 5.84, a current ratio of 1.03 and a quick ratio of 0.98. The firm has a market cap of $14.48 billion, a PE ratio of -18.70 and a beta of 1.35. The company has a 50-day moving average of $37.65 and a two-hundred day moving average of $37.79. United Airlines has a 1-year low of $30.54 and a 1-year high of $53.12.
United Airlines (NASDAQ:UAL – Get Rating) last announced its earnings results on Wednesday, October 19th. The transportation company reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.66. The company had revenue of $12.88 billion during the quarter, compared to analyst estimates of $12.74 billion. United Airlines had a negative net margin of 1.85% and a negative return on equity of 11.42%. United Airlines’s revenue was up 66.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.02) earnings per share. On average, analysts predict that United Airlines will post 1.59 EPS for the current year.
United Airlines Company Profile
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.
- Get a free copy of the StockNews.com research report on United Airlines (UAL)
- Is Mid-Cap Neurocrine Biosciences A Buy After Blowout Q3 Report?
- Six Flags is a Ride You Don’t Want to Get Stuck On
- Hanesbrands May be Signaling a Bad Week for Retail Stocks
- Vision Hydrogen, Now Vision Energy, Puts Hopes In Stock Split
- Coupang Stock And Why You Should Care
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.