United Airlines (UAL) – Research Analysts’ Recent Ratings Changes

United Airlines (NASDAQ: UAL) has recently received a number of price target changes and ratings updates:

• 10/21/2024 – United Airlines had its price target raised by analysts at Jefferies Financial Group Inc. from $75.00 to $95.00. They now have a “buy” rating on the stock.
• 10/17/2024 – United Airlines had its price target raised by analysts at Susquehanna from $70.00 to $85.00. They now have a “positive” rating on the stock.
• 10/17/2024 – United Airlines had its price target raised by analysts at Morgan Stanley from $80.00 to $88.00. They now have an “overweight” rating on the stock.
• 10/17/2024 – United Airlines had its price target raised by analysts at Sanford C. Bernstein from $68.00 to $85.00. They now have an “outperform” rating on the stock.
• 10/17/2024 – United Airlines had its price target raised by analysts at Bank of America Co. from $70.00 to $84.00. They now have a “buy” rating on the stock.
• 10/17/2024 – United Airlines had its price target raised by analysts at TD Cowen from $80.00 to $100.00. They now have a “buy” rating on the stock.
• 10/16/2024 – United Airlines had its price target raised by analysts at Barclays PLC from $66.00 to $75.00. They now have an “overweight” rating on the stock.
• 10/14/2024 – United Airlines was upgraded by analysts at Barclays PLC to a “strong-buy” rating.
• 10/9/2024 – United Airlines had its price target raised by analysts at Susquehanna from $60.00 to $70.00. They now have a “positive” rating on the stock.
• 10/2/2024 – United Airlines had its price target raised by analysts at Jefferies Financial Group Inc. from $69.00 to $75.00. They now have a “buy” rating on the stock.

United Airlines Stock Down 1.4 %

Shares of United Airlines stock opened at $73.45 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.79 and a debt-to-equity ratio of 1.95. The firm has a market cap of $24.15 billion, a P/E ratio of 9.08, a P/E/G ratio of 0.98 and a beta of 1.44. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $74.96. The business has a 50-day moving average price of $53.39 and a 200 day moving average price of $50.35.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, October 15th. The transportation company reported $3.33 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.23. The firm had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.76 billion. United Airlines had a return on equity of 30.72% and a net margin of 4.94%. During the same period in the previous year, the company earned $3.65 earnings per share. On average, sell-side analysts forecast that United Airlines Holdings, Inc. will post 10.05 earnings per share for the current fiscal year.

Insider Activity at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 14,500 shares of United Airlines stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $72.00, for a total value of $1,044,000.00. Following the completion of the transaction, the executive vice president now directly owns 30,427 shares in the company, valued at $2,190,744. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On United Airlines

A number of hedge funds and other institutional investors have recently bought and sold shares of UAL. B. Riley Wealth Advisors Inc. boosted its stake in United Airlines by 8.6% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 5,671 shares of the transportation company’s stock valued at $234,000 after acquiring an additional 447 shares during the period. Global Assets Advisory LLC acquired a new position in shares of United Airlines during the first quarter worth approximately $1,086,000. GoalVest Advisory LLC acquired a new position in shares of United Airlines during the first quarter worth approximately $33,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of United Airlines by 1.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 19,416 shares of the transportation company’s stock worth $930,000 after buying an additional 287 shares during the period. Finally, 180 Wealth Advisors LLC boosted its position in shares of United Airlines by 2.2% during the first quarter. 180 Wealth Advisors LLC now owns 13,847 shares of the transportation company’s stock worth $663,000 after buying an additional 304 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

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.