United Airlines Holdings, Inc. (NASDAQ:UAL) Receives $113.88 Consensus PT from Analysts

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) have earned an average rating of “Buy” from the seventeen ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $114.95.

UAL has been the subject of a number of research reports. UBS Group lifted their target price on shares of United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Barclays set a $140.00 target price on shares of United Airlines and gave the company an “overweight” rating in a research note on Wednesday. Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of United Airlines in a research note on Friday, November 15th. Finally, Melius Research raised shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Bank of Jackson Hole Trust bought a new position in shares of United Airlines during the 4th quarter worth about $25,000. Hemington Wealth Management increased its holdings in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after purchasing an additional 131 shares during the period. Capital A Wealth Management LLC bought a new position in shares of United Airlines during the 4th quarter worth about $31,000. Whipplewood Advisors LLC bought a new position in shares of United Airlines during the 4th quarter worth about $32,000. Finally, Roxbury Financial LLC bought a new position in shares of United Airlines during the 4th quarter worth about $32,000. Institutional investors own 69.69% of the company’s stock.

United Airlines Trading Up 5.4 %

NASDAQ UAL opened at $73.67 on Monday. The firm’s 50 day moving average price is $99.44 and its two-hundred day moving average price is $84.05. The stock has a market cap of $24.12 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 0.67 and a beta of 1.41. United Airlines has a twelve month low of $37.02 and a twelve month high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81.

United Airlines (NASDAQ:UAL) last issued its earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $2.00 EPS. Equities analysts anticipate that United Airlines will post 12.96 EPS for the current year.

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.