United Airlines Holdings Inc (NASDAQ:UAL) Stock Has Average Price Target of $157.62 According to Brokerages

United Airlines Holdings Inc (NASDAQ:UAL – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and fifteen have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $156.38.

Several equities research analysts recently weighed in on UAL shares. Sanford C. Bernstein raised their price target on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Wall Street Zen cut United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. BMO Capital Markets cut their target price on United Airlines from $157.50 to $140.00 and set an “outperform” rating on the stock in a research note on Monday, September 28th. UBS Group lifted their target price on United Airlines from $137.00 to $146.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. Finally, Zacks Research cut United Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th.

View Our Latest Stock Report on UAL

Insiders Place Their Bets

In other United Airlines news, EVP Andrew Nocella sold 5,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $117.00, for a total value of $585,000.00. Following the completion of the transaction, the executive vice president owned 214,955 shares of the company’s stock, valued at approximately $25,149,735. The trade was a 2.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Torbjorn Enqvist sold 20,000 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the transaction, the executive vice president owned 114,800 shares in the company, valued at $13,765,668. This represents a 14.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 221,629 shares of company stock valued at $26,328,598 over the last quarter. Corporate insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On United Airlines

A number of institutional investors and hedge funds have recently modified their holdings of UAL. Primecap Management Co. CA purchased a new position in United Airlines in the second quarter worth about $2,238,617,000. State Street Corp increased its position in shares of United Airlines by 1.4% during the 2nd quarter. State Street Corp now owns 11,788,111 shares of the transportation company’s stock valued at $1,603,065,000 after purchasing an additional 162,283 shares during the last quarter. Capital World Investors increased its position in shares of United Airlines by 0.3% during the 4th quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after purchasing an additional 22,464 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of United Airlines by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock worth $521,330,000 after purchasing an additional 190,017 shares during the period. Finally, Senator Investment Group LP lifted its stake in shares of United Airlines by 1.1% in the 4th quarter. Senator Investment Group LP now owns 3,128,629 shares of the transportation company’s stock worth $349,843,000 after purchasing an additional 33,986 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Stock Performance

Shares of United Airlines stock opened at $107.44 on Tuesday. United Airlines has a 1 year low of $84.64 and a 1 year high of $138.77. The firm’s 50-day moving average is $114.76 and its 200 day moving average is $110.15. The stock has a market cap of $34.87 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 1.10 and a beta of 1.30. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. United Airlines’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the business earned $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Sell-side analysts anticipate that United Airlines will post 9.09 EPS for the current fiscal year.

About United Airlines

(Get Free Report)

United Airlines Holdings, Inc is the parent company of United Airlines, a major U.S. commercial airline. Through its mainline operations and regional partners, United provides scheduled passenger air transportation and air cargo services to destinations across the United States and international markets.

United operates an extensive global network serving North America, Latin America, Europe, Asia, Africa and the Middle East. Its principal hubs include Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC The airline offers multiple classes of service, including United Polaris business class, United First, United Premium Plus, Economy Plus and standard economy.

United traces its history to 1926 and has grown through the consolidation of several aviation businesses.

Recommended Stories

Analyst Recommendations for United Airlines (NASDAQ:UAL)

Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.