United Airlines Holdings Inc (NASDAQ:UAL) Receives Average Recommendation of “Buy” from Brokerages

Shares of United Airlines Holdings Inc (NASDAQ:UALGet Free Report) have been given an average rating of “Buy” by the seventeen research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $131.1944.

UAL has been the subject of a number of analyst reports. BMO Capital Markets reissued an “outperform” rating and set a $132.50 target price on shares of United Airlines in a research report on Thursday, January 22nd. UBS Group upped their price target on shares of United Airlines from $134.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Morgan Stanley set a $150.00 price target on shares of United Airlines and gave the company an “overweight” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research note on Wednesday, January 21st. Finally, Barclays upped their price target on shares of United Airlines from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Monday, January 12th.

Get Our Latest Stock Analysis on United Airlines

United Airlines Stock Up 1.6%

NASDAQ:UAL traded up $1.60 during midday trading on Tuesday, reaching $100.51. 917,822 shares of the stock traded hands, compared to its average volume of 7,072,289. United Airlines has a 12-month low of $65.26 and a 12-month high of $119.21. The business has a 50-day moving average of $98.85 and a two-hundred day moving average of $102.50. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.59 and a current ratio of 0.65. The stock has a market capitalization of $32.63 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 0.85 and a beta of 1.28.

United Airlines (NASDAQ:UALGet Free Report) last posted its earnings results on Tuesday, January 20th. The transportation company reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.13. United Airlines had a net margin of 5.68% and a return on equity of 25.13%. The company had revenue of $15.40 billion during the quarter, compared to analysts’ expectations of $15.35 billion. During the same quarter in the prior year, the company posted $3.26 earnings per share. United Airlines’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, equities analysts forecast that United Airlines will post 7.95 earnings per share for the current fiscal year.

Insider Transactions at United Airlines

In other United Airlines news, President Brett J. Hart sold 19,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $106.45, for a total transaction of $2,022,550.00. Following the transaction, the president owned 264,638 shares in the company, valued at approximately $28,170,715.10. This represents a 6.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.86% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID acquired a new position in United Airlines during the 4th quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new position in United Airlines during the 3rd quarter valued at approximately $29,000. BOCHK Asset Management Ltd acquired a new position in United Airlines during the 4th quarter valued at approximately $34,000. Financial Consulate Inc. acquired a new position in United Airlines during the 3rd quarter valued at approximately $29,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of United Airlines in the fourth quarter worth $35,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines News Summary

Here are the key news stories impacting United Airlines this week:

United Airlines Company Profile

(Get Free Report)

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.

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Analyst Recommendations for United Airlines (NASDAQ:UAL)

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