Susquehanna Has Lowered Expectations for United Airlines (NASDAQ:UAL) Stock Price

United Airlines (NASDAQ:UAL - Free Report) had its price target reduced by Susquehanna from $90.00 to $81.00 in a research report sent to investors on Thursday,Benzinga reports. Susquehanna currently has a positive rating on the transportation company's stock.

UAL has been the subject of several other research reports. Raymond James lowered United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Evercore ISI reduced their price objective on shares of United Airlines from $145.00 to $100.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. TD Cowen upped their target price on shares of United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, January 24th. UBS Group lowered United Airlines from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $107.00 to $59.00 in a research note on Monday, April 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a report on Thursday, January 9th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $97.14.

United Airlines Trading Up 2.6 %

UAL traded up $1.67 during midday trading on Thursday, reaching $66.97. 7,190,549 shares of the company's stock traded hands, compared to its average volume of 7,614,133. The stock has a market capitalization of $21.95 billion, a price-to-earnings ratio of 7.10, a P/E/G ratio of 0.67 and a beta of 1.19. United Airlines has a 52 week low of $37.02 and a 52 week high of $116.00. The firm has a fifty day moving average of $78.36 and a two-hundred day moving average of $87.81. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.16. The company had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. On average, equities analysts anticipate that United Airlines will post 12.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On United Airlines

A number of large investors have recently bought and sold shares of the business. Bank of Jackson Hole Trust purchased a new position in United Airlines in the 4th quarter worth about $25,000. Hemington Wealth Management boosted its holdings in shares of United Airlines by 70.8% in the fourth 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 period. Capital A Wealth Management LLC purchased a new position in United Airlines during the 4th quarter worth $31,000. Roxbury Financial LLC purchased a new stake in shares of United Airlines in the 4th quarter worth $32,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of United Airlines in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

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.