United Airlines Holdings, Inc. (NASDAQ:UAL) Receives Average Recommendation of "Buy" from Analysts

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) have been given an average recommendation of "Buy" by the seventeen analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation, fourteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $102.33.

UAL has been the subject of several recent analyst reports. Raymond James downgraded United Airlines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Sanford C. Bernstein reiterated an "outperform" rating on shares of United Airlines in a research note on Tuesday, May 13th. TD Cowen lifted their price target on United Airlines from $73.00 to $88.00 and gave the stock a "buy" rating in a research note on Tuesday, April 22nd. Susquehanna cut their target price on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a report on Tuesday, April 22nd.

United Airlines Stock Performance

NASDAQ UAL traded up $1.36 on Friday, hitting $78.86. 1,826,341 shares of the company's stock were exchanged, compared to its average volume of 7,614,369. The firm has a market cap of $25.75 billion, a price-to-earnings ratio of 8.35, a P/E/G ratio of 0.67 and a beta of 1.39. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The firm's 50-day moving average price is $71.05 and its two-hundred day moving average price is $87.82. 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 posted its earnings results 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 return on equity of 32.26% and a net margin of 5.52%. The firm had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. On average, research analysts expect that United Airlines will post 12.96 EPS for the current year.

Hedge Funds Weigh In On United Airlines

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake in shares of United Airlines by 10,777.6% during the 1st quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company's stock valued at $349,953,000 after buying an additional 5,021,511 shares during the period. Sanders Capital LLC boosted its stake 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 valued at $1,344,671,000 after buying an additional 4,390,721 shares during the period. Boston Partners acquired a new stake in shares of United Airlines during the 4th quarter valued at $323,508,000. FMR LLC boosted its stake in shares of United Airlines by 70.9% during the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock valued at $705,798,000 after buying an additional 3,015,979 shares during the period. Finally, Senator Investment Group LP boosted its stake in shares of United Airlines by 214.8% during the 4th quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company's stock valued at $316,648,000 after buying an additional 2,225,000 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

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.