United Airlines - UAL Stock Forecast, Price & News

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, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upgraded shares of United Airlines from an "underweight" rating to an "overweight" rating and boosted their price target for the company from $60.00 to $76.00 in a report on Friday, April 22nd. Cowen upped their price objective on shares of United Airlines from $78.00 to $86.50 and gave the stock an "outperform" rating in a report on Friday, April 22nd. Cowen decreased their price objective on shares of United Airlines from $86.50 to $75.00 and set an "outperform" rating for the company in a report on Friday, July 22nd. Wolfe Research upgraded shares of United Airlines from an "underperform" rating to a "peer perform" rating in a report on Friday, May 6th. Finally, Exane BNP Paribas cut shares of United Airlines from a "neutral" rating to an "underperform" rating and decreased their price objective for the stock from $38.00 to $33.00 in a report on Thursday, July 7th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, United Airlines has a consensus rating of "Hold" and an average target price of $53.47.

United Airlines Stock Up 2.2 %

United Airlines stock opened at $38.65 on Tuesday. The firm has a market cap of $12.63 billion, a price-to-earnings ratio of -10.20 and a beta of 1.29. The company has a debt-to-equity ratio of 7.41, a current ratio of 1.04 and a quick ratio of 0.99. United Airlines has a fifty-two week low of $30.54 and a fifty-two week high of $54.52. The firm has a fifty day moving average price of $38.59 and a two-hundred day moving average price of $42.27.

United Airlines (NASDAQ:UAL - Get Rating) last released its earnings results on Wednesday, July 20th. The transportation company reported $1.43 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by ($0.34). The firm had revenue of $12.11 billion for the quarter, compared to analyst estimates of $12.11 billion. United Airlines had a negative return on equity of 38.92% and a negative net margin of 3.43%. The firm's revenue was up 121.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($3.91) EPS. As a group, analysts forecast that United Airlines will post 0.4 earnings per share for the current year.

Insider Activity

In other news, COO Jonathan Roitman sold 13,939 shares of the company's stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $36.85, for a total transaction of $513,652.15. Following the completion of the transaction, the chief operating officer now owns 13,938 shares of the company's stock, valued at $513,615.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other United Airlines news, Director Edward Shapiro purchased 25,000 shares of the company's stock in a transaction that occurred on Monday, July 25th. The stock was purchased at an average price of $35.84 per share, with a total value of $896,000.00. Following the completion of the transaction, the director now directly owns 125,000 shares of the company's stock, valued at approximately $4,480,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Jonathan Roitman sold 13,939 shares of the stock in a transaction dated Tuesday, June 14th. The stock was sold at an average price of $36.85, for a total transaction of $513,652.15. Following the completion of the transaction, the chief operating officer now directly owns 13,938 shares of the company's stock, valued at approximately $513,615.30. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 100,000 shares of company stock valued at $3,910,500. Insiders own 0.37% of the company's stock.