United Airlines Holdings Inc (NASDAQ:UAL – Get Free Report) EVP Andrew Nocella sold 7,500 shares of the firm’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $119.41, for a total transaction of $895,575.00. Following the transaction, the executive vice president directly owned 207,455 shares of the company’s stock, valued at $24,772,201.55. The trade was a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
United Airlines Stock Performance
Shares of NASDAQ UAL opened at $111.25 on Friday. The company has a market cap of $36.14 billion, a P/E ratio of 13.42, a P/E/G ratio of 1.27 and a beta of 1.38. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.68 and a current ratio of 0.75. The firm’s fifty day moving average is $108.11 and its two-hundred day moving average is $108.40.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The transportation company reported $2.54 EPS for the quarter, missing the consensus estimate of $2.57 by ($0.03). The company had revenue of $17.88 billion for the quarter, compared to the consensus estimate of $17.89 billion. United Airlines had a net margin of 5.46% and a return on equity of 17.59%. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period last year, the company earned $2.78 EPS. As a group, analysts anticipate that United Airlines Holdings Inc will post 7.04 EPS for the current fiscal year.
Hedge Funds Weigh In On United Airlines
A number of large investors have recently made changes to their positions in the company. Dunhill Financial LLC purchased a new stake in shares of United Airlines in the 2nd quarter worth $25,000. Western Wealth Management LLC bought a new position in shares of United Airlines during the 1st quarter worth $27,000. Elevation Wealth Partners LLC increased its stake in shares of United Airlines by 393.0% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after buying an additional 169 shares during the period. Trust Co. of Vermont purchased a new position in shares of United Airlines during the second quarter valued at $29,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of United Airlines by 58.6% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 276 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 102 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Zacks Research lowered United Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th. Sanford C. Bernstein set a $160.00 price target on United Airlines in a report on Tuesday, October 20th. Susquehanna reduced their price objective on United Airlines from $150.00 to $130.00 and set a “positive” rating on the stock in a research note on Thursday, October 22nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $142.00 price objective on shares of United Airlines in a research note on Wednesday, October 21st. Finally, BMO Capital Markets decreased their price objective on United Airlines from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, October 22nd. Sixteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Airlines currently has an average rating of “Moderate Buy” and an average target price of $156.19.
View Our Latest Stock Report on UAL
Key Stories Impacting United Airlines
Here are a few of the latest stories about UAL:
- Positive Sentiment: CEO Scott Kirby called United’s lead in rolling out SpaceX Starlink Wi-Fi a major competitive advantage and highlighted its potential to generate revenue. If the service improves the passenger experience and supports new revenue, it could help differentiate United from competitors. United CEO on Starlink
- Positive Sentiment: Kirby also described AI-enabled travel alerts and gate-side food delivery as ways to make flying more convenient. These initiatives could improve customer satisfaction, though their financial impact has not been quantified. United’s AI travel initiatives
- Negative Sentiment: Near-term trading pressure came from weakness across airline shares, with broader market declines and lingering fuel-cost concerns weighing on the sector. Higher fuel expenses can squeeze airline margins if they persist. Airline stocks face market and fuel-cost pressure
United Airlines Company Profile
United Airlines Holdings, Inc. operates United Airlines, a major U.S. passenger and cargo airline. The company provides domestic and international air transportation, cargo services, and travel-related offerings, including its MileagePlus loyalty program. Regional service is also offered under the United Express brand through partner airlines. United serves destinations across the Americas, Europe, Asia, Africa, and Oceania. Its network is organized around hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco, and Washington, D.C. The airline traces its history to Varney Air Lines, founded in 1926, and has developed through mergers and acquisitions over the decades.
Featured Articles
- Five stocks we like better than United Airlines
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
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.
