United Continental (NASDAQ:UAL) updated its FY 2019 earnings guidance on Tuesday. The company provided EPS guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.13. United Continental also updated its FY 2020 guidance to $11.00-13.00 EPS.
Several research analysts have recently commented on the company. BidaskClub raised United Continental from a sell rating to a hold rating in a research note on Thursday, April 4th. Zacks Investment Research downgraded United Continental from a buy rating to a hold rating in a research note on Friday, March 15th. Standpoint Research downgraded United Continental from a buy rating to a hold rating in a research note on Friday, February 22nd. Cowen reissued a market perform rating and set a $99.00 target price (up previously from $94.00) on shares of United Continental in a research note on Thursday, January 17th. Finally, Vertical Research initiated coverage on United Continental in a research note on Monday, February 4th. They set a buy rating and a $103.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $100.88.
Shares of UAL opened at $85.17 on Wednesday. The company has a market cap of $22.34 billion, a P/E ratio of 9.33, a price-to-earnings-growth ratio of 0.40 and a beta of 0.96. United Continental has a 12-month low of $65.45 and a 12-month high of $97.85. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.47 and a current ratio of 0.54.
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About United Continental
United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.
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