United Airlines (NASDAQ:UAL) Posts Earnings Results, Beats Estimates By $0.06 EPS

United Airlines (NASDAQ:UAL - Get Free Report) posted its earnings results on Wednesday. The transportation company reported $3.87 EPS for the quarter, topping the consensus estimate of $3.81 by $0.06, Zacks reports. United Airlines had a net margin of 5.71% and a return on equity of 30.79%. The firm had revenue of $15.24 billion during the quarter, compared to analysts' expectations of $15.31 billion. During the same period last year, the company posted $4.14 EPS. The company's quarterly revenue was up 1.4% compared to the same quarter last year. United Airlines updated its FY 2025 guidance to 9.000-11.000 EPS.

United Airlines Stock Performance

Shares of UAL stock traded up $1.03 during trading hours on Friday, reaching $92.25. The company had a trading volume of 7,627,640 shares, compared to its average volume of 7,764,810. The business has a fifty day moving average price of $79.81 and a 200-day moving average price of $84.05. United Airlines has a one year low of $37.02 and a one year high of $116.00. The firm has a market cap of $30.13 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 1.48 and a beta of 1.42. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.72 and a current ratio of 0.78.

Analysts Set New Price Targets

UAL has been the subject of several research reports. Evercore ISI reiterated an "outperform" rating and issued a $105.00 price target on shares of United Airlines in a research note on Thursday. Bank of America increased their price target on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday. UBS Group increased their price target on shares of United Airlines from $103.00 to $114.00 and gave the stock a "buy" rating in a research note on Tuesday. Susquehanna increased their price target on shares of United Airlines from $81.00 to $109.00 and gave the stock a "positive" rating in a research note on Tuesday. Finally, Cantor Fitzgerald set a $88.00 price target on shares of United Airlines in a research note on Tuesday, April 22nd. One analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, United Airlines currently has an average rating of "Buy" and a consensus target price of $108.64.

Institutional Trading of United Airlines

A number of large investors have recently made changes to their positions in the stock. Bison Wealth LLC bought a new stake in United Airlines during the fourth quarter valued at approximately $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of United Airlines by 24.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company's stock worth $2,753,000 after buying an additional 7,713 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of United Airlines by 92.7% in the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company's stock worth $853,000 after buying an additional 5,939 shares in the last quarter. 69.69% of the stock is currently owned by 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.