Media headlines about United Continental (NYSE:UAL) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Continental earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.1359478840887 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Away Travel CEO confronts Delta’s latest ‘smart’ suitcase crackdown (Video) (bizjournals.com)
- Airline satisfaction dips as more Americans take to the sky (finance.yahoo.com)
- United Airlines about to bring new efficiency to its fleet (finance.yahoo.com)
- United Continental Holdings Inc (UAL) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Alaska Air Group’s January Load Factor Declines, Stock Falls (finance.yahoo.com)
UAL has been the subject of several analyst reports. Atlantic Securities reiterated a “neutral” rating and set a $100.00 price objective (up from $58.87) on shares of United Continental in a research report on Tuesday, October 24th. Evercore ISI upgraded United Continental from an “in-line” rating to an “outperform” rating and set a $68.00 price objective for the company in a research report on Wednesday, October 25th. JPMorgan Chase & Co. downgraded United Continental from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $68.00 to $60.00 in a research report on Wednesday, November 1st. Zacks Investment Research upgraded United Continental from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, ValuEngine upgraded United Continental from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $82.87.
United Continental (UAL) traded up $0.07 on Tuesday, reaching $66.59. The company’s stock had a trading volume of 3,388,471 shares, compared to its average volume of 5,860,000. The firm has a market capitalization of $19,730.00, a P/E ratio of 10.39 and a beta of 1.02. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.53. United Continental has a 12-month low of $56.51 and a 12-month high of $83.04.
United Continental (NYSE:UAL) last released its earnings results on Tuesday, January 23rd. The transportation company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.45. United Continental had a return on equity of 23.43% and a net margin of 5.65%. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the prior year, the firm posted $1.78 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. research analysts predict that United Continental will post 7.43 earnings per share for the current fiscal year.
United Continental announced that its Board of Directors has approved a share repurchase plan on Thursday, December 7th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the transportation company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.
About United Continental
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.
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