United Airlines (NASDAQ:UAL) Upgraded to Hold by StockNews.com

United Airlines (NASDAQ:UAL) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Thursday.

A number of other research analysts also recently issued reports on the stock. Susquehanna cut their target price on shares of United Airlines from $60.00 to $55.00 and set a “positive” rating on the stock in a research report on Tuesday, April 9th. UBS Group began coverage on United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price target for the company. Bank of America raised United Airlines from an “underperform” rating to a “buy” rating and upped their price target for the company from $40.00 to $56.00 in a research note on Tuesday, January 9th. TD Cowen upped their price target on United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Finally, Raymond James lowered their price target on United Airlines from $68.00 to $65.00 and set an “outperform” rating for the company in a research note on Wednesday, December 20th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.60.

United Airlines Stock Performance

United Airlines stock opened at $48.74 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 2.70. United Airlines has a 1 year low of $33.68 and a 1 year high of $58.23. The company has a market cap of $16.03 billion, a PE ratio of 6.19, a PEG ratio of 0.58 and a beta of 1.55. The company’s 50-day moving average is $44.09 and its two-hundred day moving average is $41.35.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a net margin of 4.87% and a return on equity of 41.01%. The company had revenue of $13.63 billion for the quarter, compared to the consensus estimate of $13.55 billion. During the same period in the prior year, the company posted $2.46 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. Equities analysts anticipate that United Airlines will post 9.46 earnings per share for the current year.

Institutional Trading of United Airlines

A number of large investors have recently bought and sold shares of the business. NBC Securities Inc. acquired a new position in United Airlines during the 3rd quarter worth approximately $25,000. Loomis Sayles & Co. L P boosted its position in United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock worth $26,000 after acquiring an additional 545 shares during the last quarter. Clear Street Markets LLC boosted its position in United Airlines by 101.8% during the 1st quarter. Clear Street Markets LLC now owns 642 shares of the transportation company’s stock worth $28,000 after acquiring an additional 36,811 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in United Airlines during the 4th quarter worth approximately $27,000. Finally, Venturi Wealth Management LLC boosted its position in United Airlines by 72.1% during the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after acquiring an additional 274 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

About United Airlines

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, flight academy, and maintenance services for third parties.