Brokerages Set United Airlines Holdings, Inc. (NASDAQ:UAL) PT at $102.33

United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) has been given a consensus rating of "Buy" by the seventeen research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $102.33.

A number of equities analysts have issued reports on the company. Evercore ISI lowered their price target 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. UBS Group upgraded United Airlines from a "neutral" rating to a "buy" rating and raised their target price for the company from $67.00 to $105.00 in a research report on Monday, May 19th. TD Cowen raised their target price on United Airlines from $73.00 to $88.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Barclays decreased their target price on United Airlines from $140.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, Bank of America decreased their target price on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd.

United Airlines Stock Performance

Shares of UAL stock traded up $1.07 during mid-day trading on Friday, reaching $78.57. The stock had a trading volume of 10,086,708 shares, compared to its average volume of 7,626,992. The business's fifty day moving average is $71.02 and its 200-day moving average is $87.75. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The firm has a market cap of $25.66 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 0.67 and a beta of 1.39. United Airlines has a 1-year low of $37.02 and a 1-year 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 EPS for the quarter, topping the consensus estimate of $0.75 by $0.16. The firm had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. On average, research analysts forecast that United Airlines will post 12.96 earnings per share for the current year.

Institutional Investors Weigh In On United Airlines

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UAL. Bank of Jackson Hole Trust acquired a new stake in shares of United Airlines in the fourth quarter valued at $25,000. Hemington Wealth Management lifted its holdings in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company's stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Capital A Wealth Management LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at about $31,000. Whipplewood Advisors LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at about $32,000. Finally, Roxbury Financial LLC purchased a new stake in shares of United Airlines in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 69.69% of the company's stock.

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.