United Airlines (NASDAQ:UAL) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

United Airlines (NASDAQ:UAL) issued its quarterly earnings results on Wednesday. The transportation company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.81 by $0.06, Zacks reports. United Airlines had a return on equity of 30.79% and a net margin of 5.71%. The company had revenue of $15.24 billion for the quarter, compared to analysts’ expectations of $15.31 billion. During the same period last year, the firm earned $4.14 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. United Airlines updated its FY 2025 guidance to 9.000-11.000 EPS.

United Airlines Stock Down 1.5%

NASDAQ:UAL traded down $1.38 during mid-day trading on Friday, reaching $89.84. The stock had a trading volume of 922,745 shares, compared to its average volume of 7,740,295. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The business’s 50 day moving average is $79.81 and its 200 day moving average is $84.05. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.78 and a quick ratio of 0.72. The stock has a market cap of $29.34 billion, a P/E ratio of 8.99, a PEG ratio of 1.48 and a beta of 1.42.

Hedge Funds Weigh In On United Airlines

Several institutional investors have recently bought and sold shares of UAL. Bison Wealth LLC bought a new position in United Airlines during the fourth quarter valued at about $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of United Airlines by 24.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after purchasing an additional 7,713 shares during the period. Finally, Focus Partners Wealth increased its stake in shares of United Airlines by 92.7% in the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after purchasing an additional 5,939 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on UAL. Cowen reaffirmed a “buy” rating on shares of United Airlines in a research report on Tuesday. Raymond James Financial cut United Airlines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 2nd. Evercore ISI reaffirmed an “outperform” rating and issued a $105.00 target price on shares of United Airlines in a research report on Thursday. Wall Street Zen cut United Airlines from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 7th. Finally, Susquehanna reaffirmed a “positive” rating on shares of United Airlines in a research report on Tuesday. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $105.29.

About United Airlines

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.