United Airlines (NASDAQ:UAL) Upgraded at Wall Street Zen

United Airlines (NASDAQ:UAL - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a note issued to investors on Friday.

A number of other research firms have also weighed in on UAL. UBS Group upgraded United Airlines from a "neutral" rating to a "buy" rating and increased their price target for the company from $67.00 to $105.00 in a research report on Monday, May 19th. Barclays reduced their price target on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Cantor Fitzgerald set a $88.00 price objective on shares of United Airlines in a research report on Tuesday, April 22nd. Raymond James cut shares of United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Finally, Bank of America cut their price objective on United Airlines from $110.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $102.33.

United Airlines Stock Up 0.6%

Shares of NASDAQ UAL traded up $0.50 during midday trading on Friday, reaching $81.58. 3,212,093 shares of the company's stock were exchanged, compared to its average volume of 8,501,722. The stock has a market capitalization of $26.64 billion, a PE ratio of 8.65, a price-to-earnings-growth ratio of 0.67 and a beta of 1.39. United Airlines has a 52-week low of $37.02 and a 52-week high of $116.00. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The business's fifty day moving average price is $71.24 and its two-hundred day moving average price is $87.53.

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 for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The business had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. Analysts forecast that United Airlines will post 12.96 EPS for the current year.

Institutional Investors Weigh In On United Airlines

Large investors have recently modified their holdings of the business. Bank of Jackson Hole Trust acquired a new position in shares of United Airlines in the fourth quarter valued at approximately $25,000. Hemington Wealth Management grew 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 acquiring an additional 131 shares in the last quarter. Capital A Wealth Management LLC bought a new stake in United Airlines during the fourth quarter worth about $31,000. Roxbury Financial LLC bought a new position in United Airlines in the fourth quarter valued at approximately $32,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of United Airlines during the 4th quarter worth approximately $32,000. 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.