United Airlines (UAL) to Release Quarterly Earnings on Monday

United Airlines (NASDAQ:UAL - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, January 27th. Analysts expect the company to announce earnings of $2.96 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

United Airlines Stock Performance

Shares of NASDAQ:UAL traded up $1.27 during trading on Monday, reaching $107.38. The company had a trading volume of 5,160,157 shares, compared to its average volume of 3,988,480. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.79 and a quick ratio of 0.72. The stock's fifty day moving average price is $97.73 and its 200 day moving average price is $69.38. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $110.92. The firm has a market capitalization of $35.32 billion, a price-to-earnings ratio of 12.95, a price-to-earnings-growth ratio of 0.98 and a beta of 1.44.

United Airlines declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 15th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the transportation company to repurchase up to 7.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

Insider Activity

In other United Airlines news, EVP Kate Gebo sold 17,500 shares of the business's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total value of $1,407,700.00. Following the sale, the executive vice president now directly owns 40,012 shares in the company, valued at approximately $3,218,565.28. The trade was a 30.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Linda P. Jojo sold 60,000 shares of United Airlines stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $95.12, for a total value of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. The trade was a 48.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.63% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research note on Thursday, January 9th. Sanford C. Bernstein lifted their price target on United Airlines from $68.00 to $85.00 and gave the company an "outperform" rating in a research note on Thursday, October 17th. Citigroup lifted their price target on shares of United Airlines from $98.00 to $122.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Susquehanna increased their price objective on shares of United Airlines from $85.00 to $120.00 and gave the company a "positive" rating in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group increased their target price on United Airlines from $75.00 to $95.00 and gave the company a "buy" rating in a report on Monday, October 21st. One investment analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $106.45.

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.