United Continental Holdings (NYSE:UAL) was the recipient of unusually large options trading activity on Tuesday. Stock traders bought 16,490 call options on the stock, AnalystRatingsNetwork reports.This is an increase of approximately 316% compared to the average volume of 3,962 call options.
Several analysts have recently commented on the stock. Analysts at Barclays Capital cut their price target on shares of United Continental Holdings from $40.00 to $38.00 in a research note to investors on Friday, July 26th. They now have an “equal weight” rating on the stock. Separately, analysts at Cowen and Company raised their price target on shares of United Continental Holdings from $35.00 to $39.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of United Continental Holdings in a research note to investors on Wednesday, July 10th. They now have a $34.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $33.54.
Shares of United Continental Holdings (NYSE:UAL) traded down 7.47% during mid-day trading on Tuesday, hitting $30.73. United Continental Holdings has a 52 week low of $17.95 and a 52 week high of $36.74. The stock’s 50-day moving average is currently $33.08. The company’s market cap is $10.937 billion.
United Continental Holdings (NYSE:UAL) last announced its earnings results on Thursday, July 25th. The company reported $1.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.32 by $0.03. The company had revenue of $10.00 billion for the quarter, compared to the consensus estimate of $9.98 billion. During the same quarter last year, the company posted $1.41 earnings per share. United Continental Holdings’s revenue was up .6% compared to the same quarter last year. Analysts expect that United Continental Holdings will post $3.13 EPS for the current fiscal year.
United Continental Holdings, Inc (NYSE:UAL) is a holding company and its principal, wholly owned subsidiaries are United Air Lines, Inc (United) and Continental Airlines, Inc (Continental).
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