United Airlines (NASDAQ:UAL) Stock Price Target Cut by Susquehanna

Key Points

• Susquehanna lowered United Airlines’ price target from $165 to $150 while maintaining a positive rating, implying 34.08% upside from the prior close.
• Analyst sentiment remains favorable: United has a consensus “Moderate Buy” rating and an average price target of $156.38, supported by 15 Buy ratings.
• United beat quarterly expectations with $1.99 EPS versus $1.88 forecast and $17.67 billion in revenue, though executives sold shares recently, including CEO J. Scott Kirby’s approximately $18.8 million transaction.

United Airlines (NASDAQ:UAL - Get Free Report) had its target price cut by investment analysts at Susquehanna from $165.00 to $150.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a "positive" rating on the transportation company's stock. Susquehanna's price target points to a potential upside of 34.08% from the stock's previous close.

Other analysts have also recently issued research reports about the stock. Bank of America raised their target price on shares of United Airlines from $145.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, July 1st. UBS Group increased their price objective on shares of United Airlines from $137.00 to $146.00 and gave the company a "buy" rating in a research report on Thursday, September 24th. The Goldman Sachs Group raised their price objective on shares of United Airlines from $131.00 to $162.00 and gave the company a "buy" rating in a report on Thursday, July 2nd. Sanford C. Bernstein lifted their price objective on shares of United Airlines from $136.00 to $153.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of United Airlines in a report on Friday, July 17th. Fifteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $156.38.

United Airlines Stock Performance

Shares of UAL stock opened at $111.87 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. United Airlines has a 52 week low of $84.64 and a 52 week high of $138.77. The stock has a market capitalization of $36.31 billion, a PE ratio of 10.46, a P/E/G ratio of 0.91 and a beta of 1.30. The firm has a 50 day moving average of $115.27 and a two-hundred day moving average of $109.91.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.11. The business had revenue of $17.67 billion for the quarter, compared to analysts' expectations of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period last year, the firm earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts predict that United Airlines will post 9.66 EPS for the current fiscal year.

Insider Activity at United Airlines

In other news, EVP Torbjorn Enqvist sold 20,000 shares of the company's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the completion of the transaction, the executive vice president owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J. Kirby sold 159,321 shares of United Airlines stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 221,629 shares of company stock worth $26,328,598. Corporate insiders own 0.86% of the company's stock.

Institutional Trading of United Airlines

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dunhill Financial LLC acquired a new stake in shares of United Airlines in the second quarter valued at approximately $25,000. Western Wealth Management LLC purchased a new position in shares of United Airlines during the first quarter worth approximately $27,000. Elevation Wealth Partners LLC increased its holdings in shares of United Airlines by 393.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company's stock valued at $29,000 after acquiring an additional 169 shares during the period. Trust Co. of Vermont acquired a new position in shares of United Airlines in the 2nd quarter valued at $29,000. Finally, Rakuten Securities Inc. purchased a new stake in United Airlines in the 2nd quarter valued at $32,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

About United Airlines

United Airlines Holdings, Inc is the parent company of United Airlines, a major U.S. commercial airline. Through its mainline operations and regional partners, United provides scheduled passenger air transportation and air cargo services to destinations across the United States and international markets.

United operates an extensive global network serving North America, Latin America, Europe, Asia, Africa and the Middle East. Its principal hubs include Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC The airline offers multiple classes of service, including United Polaris business class, United First, United Premium Plus, Economy Plus and standard economy.

United traces its history to 1926 and has grown through the consolidation of several aviation businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.