United Airlines (NASDAQ:UAL) Sets New 12-Month High – Here’s Why

United Airlines Holdings Inc (NASDAQ:UALGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $127.32 and last traded at $126.5150, with a volume of 768831 shares trading hands. The stock had previously closed at $121.55.

Key Stories Impacting United Airlines

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

Analyst Ratings Changes

UAL has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a research note on Monday, April 20th. Jefferies Financial Group cut their price target on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a report on Monday, April 27th. Citigroup reaffirmed a “buy” rating on shares of United Airlines in a research report on Monday. Rothschild & Co Redburn reduced their target price on United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Finally, Susquehanna set a $135.00 price target on United Airlines in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $137.24.

Read Our Latest Report on UAL

United Airlines Trading Up 3.1%

The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70. The firm has a market capitalization of $43.69 billion, a price-to-earnings ratio of 12.02, a P/E/G ratio of 1.04 and a beta of 1.27. The business has a fifty day moving average price of $104.01 and a 200 day moving average price of $104.70.

United Airlines (NASDAQ:UALGet Free Report) last issued its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.11. The firm had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $14.19 billion. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.91 earnings per share. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. As a group, equities analysts forecast that United Airlines Holdings Inc will post 10.01 earnings per share for the current year.

Insider Activity at United Airlines

In other United Airlines news, CEO J Scott Kirby sold 48,303 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $121.30, for a total transaction of $5,859,153.90. Following the completion of the sale, the chief executive officer directly owned 798,929 shares in the company, valued at $96,910,087.70. The trade was a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew P. Nocella sold 7,000 shares of United Airlines stock in a transaction on Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the transaction, the executive vice president owned 215,345 shares in the company, valued at $19,421,965.55. The trade was a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 96,381 shares of company stock worth $10,837,575. Company insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On United Airlines

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID acquired a new stake in United Airlines in the fourth quarter valued at approximately $25,000. Western Wealth Management LLC purchased a new position in shares of United Airlines in the first quarter valued at $27,000. JPL Wealth Management LLC acquired a new stake in United Airlines during the 3rd quarter valued at $29,000. Cache Advisors LLC acquired a new stake in United Airlines during the 1st quarter valued at $33,000. Finally, BOCHK Asset Management Ltd purchased a new stake in United Airlines during the 4th quarter worth $34,000. 69.69% of the stock is owned by institutional investors and hedge funds.

About United Airlines

(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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