United Continental Holdings (UAL) Receiving Somewhat Favorable Press Coverage, Study Finds

Press coverage about United Continental Holdings (NYSE:UAL) has been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Continental Holdings earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 46.7088013217187 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of United Continental Holdings (NYSE UAL) traded down $0.71 during midday trading on Tuesday, reaching $57.81. The company’s stock had a trading volume of 4,479,900 shares, compared to its average volume of 4,416,986. The stock has a market capitalization of $17,336.69, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 1.51 and a beta of 1.02. The company has a current ratio of 0.60, a quick ratio of 0.53 and a debt-to-equity ratio of 1.37. United Continental Holdings has a 52 week low of $57.34 and a 52 week high of $83.04.

United Continental Holdings (NYSE:UAL) last announced its earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.12 by $0.10. The company had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.87 billion. United Continental Holdings had a return on equity of 25.26% and a net margin of 5.22%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.11 earnings per share. analysts predict that United Continental Holdings will post 6.33 EPS for the current fiscal year.

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded United Continental Holdings from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. J P Morgan Chase & Co cut United Continental Holdings from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $68.00 to $60.00 in a report on Wednesday, November 1st. Evercore ISI upgraded United Continental Holdings from an “in-line” rating to an “outperform” rating and set a $68.00 price objective on the stock in a report on Wednesday, October 25th. Atlantic Securities reissued a “neutral” rating and issued a $100.00 target price (up from $58.87) on shares of United Continental Holdings in a research note on Tuesday, October 24th. Finally, Wolfe Research lowered shares of United Continental Holdings from an “outperform” rating to a “hold” rating in a research note on Friday, October 20th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $77.63.

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In other news, Director Robert A. Milton bought 1,000 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were bought at an average price of $58.60 per share, with a total value of $58,600.00. Following the completion of the transaction, the director now directly owns 6,176 shares in the company, valued at $361,913.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Edward Shapiro bought 15,000 shares of the business’s stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of $59.87 per share, for a total transaction of $898,050.00. Following the transaction, the director now owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The disclosure for this purchase can be found here. 0.27% of the stock is owned by insiders.

United Continental Holdings Company Profile

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

Insider Buying and Selling by Quarter for United Continental Holdings (NYSE:UAL)

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