United Airlines Holdings, Inc. (NASDAQ:UAL) Given Average Recommendation of “Moderate Buy” by Analysts

United Airlines Holdings, Inc. (NASDAQ:UAL) has earned an average rating of “Moderate Buy” from the fifteen analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $70.89.

Several equities research analysts recently weighed in on the stock. Morgan Stanley increased their target price on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, April 18th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. UBS Group began coverage on United Airlines in a research report on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 target price for the company. Citigroup increased their price objective on shares of United Airlines from $80.00 to $96.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. Finally, Susquehanna lifted their target price on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research report on Thursday, April 18th.

United Airlines Stock Performance

Shares of United Airlines stock opened at $48.20 on Wednesday. United Airlines has a 12 month low of $33.68 and a 12 month high of $58.23. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The stock has a market cap of $15.85 billion, a PE ratio of 5.96, a price-to-earnings-growth ratio of 0.48 and a beta of 1.44. The business has a fifty day simple moving average of $51.89 and a 200-day simple moving average of $46.27.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, April 16th. The transportation company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.38. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business had revenue of $12.54 billion for the quarter, compared to the consensus estimate of $12.43 billion. On average, sell-side analysts anticipate that United Airlines will post 9.93 EPS for the current fiscal year.

Insider Activity at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.63% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Interval Partners LP bought a new position in United Airlines in the first quarter valued at approximately $103,354,000. U S Global Investors Inc. increased its holdings in United Airlines by 31.9% in the fourth quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock valued at $171,637,000 after purchasing an additional 1,005,170 shares during the last quarter. Norges Bank acquired a new position in United Airlines in the fourth quarter valued at about $41,114,000. Dimensional Fund Advisors LP raised its position in shares of United Airlines by 24.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,143,202 shares of the transportation company’s stock valued at $170,974,000 after acquiring an additional 812,257 shares during the period. Finally, Senator Investment Group LP bought a new position in United Airlines during the 1st quarter worth approximately $35,910,000. Institutional investors own 69.69% of the company’s stock.

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.