United Continental Holdings Inc. (NYSE:UAL) had its price target lifted by Imperial Capital from $57.00 to $63.00 in a report published on Tuesday. Imperial Capital currently has an outperform rating on the stock.
A number of other analysts have also recently weighed in on the stock. Sanford C. Bernstein began coverage on shares of United Continental Holdings in a report on Monday, October 10th. They set a market perform rating and a $55.00 target price on the stock. Credit Suisse Group AG set a $47.00 target price on shares of United Continental Holdings and gave the stock a hold rating in a report on Friday, October 7th. Cowen and Company reissued an outperform rating and set a $60.00 target price on shares of United Continental Holdings in a report on Wednesday, August 31st. Raymond James Financial Inc. raised shares of United Continental Holdings from a market perform rating to an outperform rating and set a $65.00 price objective on the stock in a report on Tuesday, August 30th. Finally, Vetr raised shares of United Continental Holdings from a hold rating to a strong-buy rating and set a $56.33 price objective on the stock in a report on Monday, August 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of $63.05.
United Continental Holdings (NYSE:UAL) opened at 53.20 on Tuesday. The firm has a 50-day moving average of $51.72 and a 200 day moving average of $48.38. The stock has a market cap of $17.15 billion, a PE ratio of 2.91 and a beta of 0.53. United Continental Holdings has a 12 month low of $37.41 and a 12 month high of $61.87.
United Continental Holdings (NYSE:UAL) last issued its earnings results on Tuesday, July 19th. The company reported $2.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.44 by $0.17. The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.36 billion. United Continental Holdings had a net margin of 17.71% and a return on equity of 47.48%. During the same period in the prior year, the company earned $3.31 earnings per share. Analysts anticipate that United Continental Holdings will post $7.98 EPS for the current year.
In other news, CFO Andrew C. Levy bought 15,000 shares of the firm’s stock in a transaction on Friday, September 2nd. The stock was bought at an average cost of $50.96 per share, for a total transaction of $764,400.00. Following the completion of the acquisition, the chief financial officer now directly owns 20,791 shares in the company, valued at approximately $1,059,509.36. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.39% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Parametrica Management Ltd purchased a new position in shares of United Continental Holdings during the third quarter valued at approximately $249,000. Nisa Investment Advisors LLC boosted its position in shares of United Continental Holdings by 19.2% in the third quarter. Nisa Investment Advisors LLC now owns 77,076 shares of the company’s stock valued at $4,044,000 after buying an additional 12,435 shares during the last quarter. Fox Run Management L.L.C. purchased a new position in shares of United Continental Holdings during the third quarter valued at approximately $519,000. Hilton Capital Management LLC purchased a new position in shares of United Continental Holdings during the third quarter valued at approximately $228,000. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of United Continental Holdings by 236.6% in the third quarter. Oregon Public Employees Retirement Fund now owns 140,721 shares of the company’s stock valued at $7,384,000 after buying an additional 98,914 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.
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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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.
Receive News & Ratings for United Continental Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.