Zacks Research Equities Analysts Increase Earnings Estimates for United Airlines Holdings, Inc. (NASDAQ:UAL)

United Airlines Holdings, Inc. (NASDAQ:UAL) – Zacks Research raised their Q2 2024 earnings per share (EPS) estimates for shares of United Airlines in a research note issued on Wednesday, May 1st. Zacks Research analyst M. Basu now anticipates that the transportation company will post earnings of $3.93 per share for the quarter, up from their previous estimate of $3.91. The consensus estimate for United Airlines’ current full-year earnings is $9.91 per share. Zacks Research also issued estimates for United Airlines’ Q2 2025 earnings at $4.07 EPS, Q1 2026 earnings at $0.62 EPS and FY2026 earnings at $12.89 EPS.

Other equities research analysts have also issued reports about the stock. Bank of America increased their target price on shares of United Airlines from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Susquehanna increased their target price on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, April 18th. UBS Group initiated coverage on shares of United Airlines in a report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price on the stock. TD Cowen upped their price target on shares of United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Finally, Morgan Stanley raised their price objective on shares of United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, April 18th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, United Airlines has an average rating of “Moderate Buy” and an average target price of $66.53.

United Airlines Stock Down 0.1 %

NASDAQ:UAL opened at $51.65 on Friday. United Airlines has a 12-month low of $33.68 and a 12-month high of $58.23. The stock’s fifty day simple moving average is $46.20 and its 200-day simple moving average is $42.25. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The firm has a market capitalization of $16.98 billion, a P/E ratio of 6.38, a P/E/G ratio of 0.50 and a beta of 1.49.

Insider Buying and Selling at United Airlines

In related news, EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares in the company, valued at $2,925,060.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.63% of the company’s stock.

Institutional Investors Weigh In On United Airlines

A number of large investors have recently added to or reduced their stakes in UAL. JB Capital LLC acquired a new stake in United Airlines during the fourth quarter worth approximately $201,000. NWI Management LP lifted its holdings in United Airlines by 69.6% during the 3rd quarter. NWI Management LP now owns 195,000 shares of the transportation company’s stock worth $8,249,000 after purchasing an additional 80,000 shares during the last quarter. Duality Advisers LP bought a new stake in United Airlines in the 4th quarter valued at $1,443,000. International Assets Investment Management LLC grew its holdings in United Airlines by 3,636.1% in the 4th quarter. International Assets Investment Management LLC now owns 82,231 shares of the transportation company’s stock valued at $3,393,000 after buying an additional 80,030 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in United Airlines by 43.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 295,615 shares of the transportation company’s stock worth $12,197,000 after buying an additional 89,106 shares during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Company Profile

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.