United Airlines Holdings, Inc. (NASDAQ:UAL - Free Report) - Research analysts at Zacks Research raised their Q2 2024 EPS estimates for United Airlines in a report released on Wednesday, May 1st. Zacks Research analyst M. Basu now expects that the transportation company will post earnings per share of $3.93 for the quarter, up from their previous forecast of $3.91. The consensus estimate for United Airlines' current full-year earnings is $9.91 per share. Zacks Research also issued estimates for United Airlines' Q2 2025 earnings at $4.07 EPS, Q1 2026 earnings at $0.62 EPS and FY2026 earnings at $12.89 EPS.
Other research analysts have also issued research reports about the company. TD Cowen increased their price target on shares of United Airlines from $55.00 to $65.00 and gave the stock an "outperform" rating in a report on Wednesday, January 24th. Redburn Atlantic downgraded United Airlines from a "buy" rating to a "neutral" rating and set a $50.00 price target on the stock. in a research note on Tuesday, February 13th. Bank of America increased their price objective on United Airlines from $60.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, April 18th. Susquehanna boosted their target price on shares of United Airlines from $55.00 to $60.00 and gave the stock a "positive" rating in a research report on Thursday, April 18th. Finally, UBS Group began coverage on shares of United Airlines in a research note on Wednesday, March 20th. They set a "neutral" rating and a $47.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $66.53.
Check Out Our Latest Report on United Airlines
United Airlines Stock Performance
UAL traded down $0.03 during trading on Friday, hitting $51.65. 7,313,588 shares of the stock were exchanged, compared to its average volume of 10,267,820. 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 firm has a market capitalization of $16.98 billion, a P/E ratio of 6.38, a PEG ratio of 0.50 and a beta of 1.49. The stock has a fifty day moving average price of $46.20 and a two-hundred day moving average price of $42.25. United Airlines has a 1-year low of $33.68 and a 1-year high of $58.23.
Hedge Funds Weigh In On United Airlines
Several large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its holdings in United Airlines by 0.5% in the third quarter. Commonwealth Equity Services LLC now owns 149,580 shares of the transportation company's stock worth $6,327,000 after purchasing an additional 746 shares during the period. Xponance Inc. grew its holdings in shares of United Airlines by 2.8% during the 3rd quarter. Xponance Inc. now owns 43,363 shares of the transportation company's stock valued at $1,834,000 after acquiring an additional 1,199 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in United Airlines by 54.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 61,228 shares of the transportation company's stock worth $2,590,000 after purchasing an additional 21,599 shares during the last quarter. 1834 Investment Advisors Co. acquired a new position in United Airlines in the third quarter worth approximately $236,000. Finally, Independent Advisor Alliance raised its holdings in shares of United Airlines by 28.7% during the 3rd quarter. Independent Advisor Alliance now owns 6,176 shares of the transportation company's stock valued at $261,000 after purchasing an additional 1,378 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.
Insider Activity
In other United Airlines news, EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the sale, the executive vice president now directly owns 57,512 shares in the company, valued at approximately $2,925,060.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.63% of the company's stock.
United Airlines Company Profile
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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.
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