United Airlines Holdings Inc (NASDAQ:UAL) Given Average Rating of "Buy" by Brokerages

Shares of United Airlines Holdings Inc (NASDAQ:UAL - Get Free Report) have been given a consensus recommendation of "Buy" by the sixteen analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, thirteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $104.64.

Several brokerages recently weighed in on UAL. Wall Street Zen lowered United Airlines from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 7th. Jefferies Financial Group reduced their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a research report on Tuesday, May 13th. Evercore ISI cut their target price on United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Finally, Bank of America decreased their price target on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd.

Hedge Funds Weigh In On United Airlines

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of United Airlines by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company's stock worth $2,552,200,000 after acquiring an additional 413,753 shares in the last quarter. Capital International Investors raised its holdings in United Airlines by 6.3% during the fourth quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock worth $2,064,825,000 after purchasing an additional 1,257,443 shares in the last quarter. Sanders Capital LLC lifted its position in shares of United Airlines by 46.4% during the 4th quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock worth $1,344,671,000 after buying an additional 4,390,721 shares during the last quarter. Capital World Investors boosted its holdings in shares of United Airlines by 22.4% in the 4th quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after buying an additional 1,791,654 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of United Airlines by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company's stock valued at $840,533,000 after buying an additional 243,535 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

NASDAQ UAL opened at $73.67 on Wednesday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.72 and a current ratio of 0.78. The stock's fifty day moving average is $74.37 and its two-hundred day moving average is $86.44. The firm has a market capitalization of $24.06 billion, a P/E ratio of 6.72, a price-to-earnings-growth ratio of 1.26 and a beta of 1.45. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 6.34% and a return on equity of 32.90%. The firm had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. On average, research analysts anticipate that United Airlines will post 12.96 earnings per share for the current 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.

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