United Airlines Holdings, Inc. (NASDAQ:UAL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

United Airlines Holdings, Inc. (NASDAQ:UAL) has received an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $70.89.

A number of equities analysts have recently issued reports on the company. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Morgan Stanley upped their target price on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Citigroup raised their price target on United Airlines from $80.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th. Susquehanna upped their price objective on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, April 18th. Finally, Wolfe Research upgraded shares of United Airlines from a “peer perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research note on Friday, May 17th.

Insiders Place Their Bets

In related news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total transaction of $762,900.00. Following the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.63% of the company’s stock.

Hedge Funds Weigh In On United Airlines

Hedge funds have recently bought and sold shares of the business. BNP Paribas acquired a new position in shares of United Airlines during the 1st quarter worth approximately $25,000. Venturi Wealth Management LLC lifted its holdings in United Airlines by 72.1% during the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 274 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of United Airlines in the fourth quarter valued at about $27,000. Fidelis Capital Partners LLC purchased a new stake in shares of United Airlines during the first quarter worth about $27,000. Finally, Crewe Advisors LLC acquired a new position in shares of United Airlines during the 1st quarter worth about $32,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Trading Down 0.3 %

UAL opened at $48.20 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 5.96, a PEG ratio of 0.48 and a beta of 1.44. United Airlines has a 12 month low of $33.68 and a 12 month high of $58.23. The stock has a fifty day moving average price of $51.89 and a 200-day moving average price of $46.27.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, April 16th. The transportation company reported ($0.15) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.38. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business had revenue of $12.54 billion during the quarter, compared to the consensus estimate of $12.43 billion. As a group, equities research analysts anticipate that United Airlines will post 9.93 earnings per share for the current fiscal year.

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.