Wall Street Zen Downgrades United Airlines (NASDAQ:UAL) to Hold

United Airlines (NASDAQ:UAL) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

Several other equities analysts have also issued reports on UAL. Jefferies Financial Group reiterated a “buy” rating and issued a $155.00 price objective on shares of United Airlines in a research report on Sunday, July 19th. Barclays raised their target price on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Morgan Stanley lifted their price target on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Bank of America upped their price target on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein increased their price objective on shares of United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Sixteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $156.79.

United Airlines Stock Performance

Shares of United Airlines stock opened at $121.33 on Friday. The company has a market capitalization of $39.38 billion, a PE ratio of 11.35, a PEG ratio of 0.90 and a beta of 1.28. United Airlines has a 12 month low of $82.42 and a 12 month high of $138.77. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The stock’s fifty day simple moving average is $119.39 and its 200 day simple moving average is $106.97.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period in the previous year, the company posted $3.87 earnings per share. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts predict that United Airlines will post 10.48 EPS for the current year.

Insider Buying and Selling at United Airlines

In related news, EVP Kate Gebo sold 34,669 shares of United Airlines stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total value of $3,654,459.29. Following the sale, the executive vice president owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. The trade was a 16.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 303,010 shares of company stock valued at $35,552,943 in the last 90 days. 0.86% of the stock is currently owned by corporate insiders.

Institutional Trading of United Airlines

A number of institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC grew its position in United Airlines by 393.0% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 169 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in United Airlines during the 4th quarter worth about $25,000. Western Wealth Management LLC acquired a new position in shares of United Airlines during the 1st quarter worth about $27,000. JPL Wealth Management LLC acquired a new position in shares of United Airlines during the 3rd quarter worth about $29,000. Finally, BOCHK Asset Management Ltd bought a new position in shares of United Airlines in the 4th quarter valued at about $34,000. Institutional investors own 69.69% of the company’s stock.

About United Airlines

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.