United Airlines Holdings, Inc. (NASDAQ:UAL) Receives $74.32 Consensus PT from Brokerages

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) have been assigned an average recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $74.32.

Several research firms recently weighed in on UAL. Jefferies Financial Group increased their target price on United Airlines from $69.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Susquehanna raised their target price on shares of United Airlines from $60.00 to $70.00 and gave the stock a “positive” rating in a research report on Wednesday, October 9th. Finally, TD Cowen increased their price target on shares of United Airlines from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, July 17th.

Institutional Trading of United Airlines

Institutional investors have recently added to or reduced their stakes in the business. Wahed Invest LLC lifted its stake in shares of United Airlines by 13.7% in the 1st quarter. Wahed Invest LLC now owns 1,591 shares of the transportation company’s stock valued at $76,000 after purchasing an additional 192 shares during the last quarter. Mather Group LLC. increased its holdings in shares of United Airlines by 26.6% during the 2nd quarter. Mather Group LLC. now owns 1,174 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 247 shares during the last quarter. UMB Bank n.a. lifted its holdings in United Airlines by 59.7% in the 2nd quarter. UMB Bank n.a. now owns 682 shares of the transportation company’s stock worth $33,000 after purchasing an additional 255 shares during the last quarter. Czech National Bank grew its holdings in United Airlines by 0.5% during the first quarter. Czech National Bank now owns 57,714 shares of the transportation company’s stock valued at $2,763,000 after purchasing an additional 271 shares during the last quarter. Finally, XML Financial LLC raised its position in shares of United Airlines by 2.3% in the first quarter. XML Financial LLC now owns 11,970 shares of the transportation company’s stock valued at $573,000 after purchasing an additional 272 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Stock Performance

NASDAQ UAL opened at $61.80 on Friday. The business has a 50 day moving average price of $48.40 and a 200 day moving average price of $48.95. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.77 and a quick ratio of 0.71. The company has a market capitalization of $20.32 billion, a P/E ratio of 7.01, a PEG ratio of 0.89 and a beta of 1.44. United Airlines has a 1-year low of $33.68 and a 1-year high of $61.92.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 17th. The transportation company reported $4.14 earnings per share for the quarter, topping analysts’ consensus estimates of $3.97 by $0.17. The business had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $15.04 billion. United Airlines had a net margin of 5.28% and a return on equity of 33.90%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the company posted $5.03 EPS. Sell-side analysts expect that United Airlines will post 9.88 EPS for the current fiscal 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, flight academy, and maintenance services for third parties.