United Airlines Holdings, Inc. (NASDAQ:UAL) Given Average Rating of “Moderate Buy” by Brokerages

United Airlines Holdings, Inc. (NASDAQ:UAL) has earned an average recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $66.53.

UAL has been the subject of several research analyst reports. TD Cowen increased their price objective on United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Morgan Stanley upped their price target on United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Raymond James upped their price target on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Susquehanna upped their price target on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, April 18th. Finally, Redburn Atlantic cut United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price target for the company. in a research note on Tuesday, February 13th.

United Airlines Price Performance

UAL stock opened at $53.51 on Friday. The company has a market capitalization of $17.59 billion, a P/E ratio of 6.61, a PEG ratio of 0.52 and a beta of 1.55. United Airlines has a twelve month low of $33.68 and a twelve month high of $58.23. The business has a 50 day simple moving average of $45.34 and a 200-day simple moving average of $41.83. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.39. The business had revenue of $13.63 billion during the quarter, compared to the consensus estimate of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The company’s revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.46 earnings per share. As a group, equities analysts anticipate that United Airlines will post 9.91 EPS for the current year.

Insiders Place Their Bets

In other United Airlines news, EVP Kate Gebo sold 15,000 shares of the company’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the sale, the executive vice president now owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is currently owned by company insiders.

Institutional Trading of United Airlines

Large investors have recently bought and sold shares of the company. NBC Securities Inc. acquired a new stake in United Airlines in the third quarter valued at $25,000. Loomis Sayles & Co. L P boosted its stake in shares of United Airlines by 707.8% during the third quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 545 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of United Airlines by 72.1% during the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 274 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of United Airlines during the fourth quarter valued at $27,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of United Airlines during the first quarter valued at $33,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.