United Airlines (NASDAQ:UAL) Given New $125.00 Price Target at Jefferies Financial Group

United Airlines (NASDAQ:UAL) had its price objective raised by Jefferies Financial Group from $115.00 to $125.00 in a research note released on Wednesday morning, MarketBeat reports. Jefferies Financial Group currently has a buy rating on the transportation company’s stock.

UAL has been the subject of several other reports. Wall Street Zen cut shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Friday, July 18th. Susquehanna raised their target price on shares of United Airlines from $81.00 to $109.00 and gave the stock a “positive” rating in a research report on Tuesday, July 15th. Evercore ISI raised their target price on shares of United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. raised their target price on shares of United Airlines from $122.00 to $149.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Finally, TD Cowen raised their target price on shares of United Airlines from $101.00 to $127.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $120.21.

United Airlines Price Performance

Shares of United Airlines stock opened at $93.15 on Wednesday. The firm has a market cap of $30.16 billion, a PE ratio of 9.33, a price-to-earnings-growth ratio of 1.25 and a beta of 1.45. United Airlines has a 12-month low of $52.00 and a 12-month high of $116.00. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 1.56. The company’s fifty day simple moving average is $99.34 and its two-hundred day simple moving average is $83.89.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.81 by $0.06. United Airlines had a net margin of 5.71% and a return on equity of 30.09%. The business had revenue of $15.24 billion for the quarter, compared to analyst estimates of $15.31 billion. During the same quarter last year, the firm earned $4.14 EPS. The company’s revenue was up 1.4% on a year-over-year basis. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. As a group, equities analysts expect that United Airlines will post 12.96 EPS for the current year.

Insider Activity at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the firm’s stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $92.22, for a total transaction of $1,844,400.00. Following the completion of the sale, the executive vice president directly owned 62,358 shares in the company, valued at approximately $5,750,654.76. This trade represents a 24.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kate Gebo sold 29,953 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total transaction of $2,923,113.27. Following the sale, the executive vice president owned 45,496 shares of the company’s stock, valued at approximately $4,439,954.64. This represents a 39.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 106,791 shares of company stock worth $9,992,318 over the last 90 days. 0.71% of the stock is currently owned by insiders.

Institutional Trading of United Airlines

A number of large investors have recently made changes to their positions in UAL. Hemington Wealth Management grew its stake in shares of United Airlines by 50.6% in the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock worth $32,000 after acquiring an additional 160 shares during the period. WPG Advisers LLC bought a new stake in United Airlines during the first quarter valued at approximately $32,000. Eastern Bank bought a new stake in United Airlines during the first quarter valued at approximately $35,000. Banque Transatlantique SA bought a new stake in United Airlines during the first quarter valued at approximately $35,000. Finally, Strategic Investment Solutions Inc. IL grew its position in United Airlines by 44.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock valued at $46,000 after buying an additional 177 shares during the period. 69.69% of the stock is currently owned by institutional investors.

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, flight academy, and maintenance services for third parties.