United Airlines Holdings, Inc. (NASDAQ:UAL) Receives Average Rating of “Buy” from Analysts

United Airlines Holdings, Inc. (NASDAQ:UAL) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation, fourteen have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $113.88.

UAL has been the subject of a number of analyst reports. Barclays boosted their price objective on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Morgan Stanley upped their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Citigroup upped their target price on shares of United Airlines from $98.00 to $122.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Susquehanna reiterated a “hold” rating on shares of United Airlines in a research note on Tuesday, February 25th. Finally, UBS Group upped their target price on shares of United Airlines from $139.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th.

Institutional Investors Weigh In On United Airlines

A number of hedge funds have recently added to or reduced their stakes in UAL. US Bancorp DE grew its holdings in United Airlines by 13.2% during the 3rd quarter. US Bancorp DE now owns 11,961 shares of the transportation company’s stock worth $682,000 after acquiring an additional 1,391 shares during the last quarter. Farther Finance Advisors LLC lifted its position in United Airlines by 13.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,647 shares of the transportation company’s stock valued at $94,000 after purchasing an additional 189 shares during the period. Janney Montgomery Scott LLC lifted its position in United Airlines by 1.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 22,404 shares of the transportation company’s stock valued at $1,278,000 after purchasing an additional 248 shares during the period. Asset Management One Co. Ltd. lifted its position in United Airlines by 22.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 6,487 shares of the transportation company’s stock valued at $370,000 after purchasing an additional 1,194 shares during the period. Finally, Concurrent Investment Advisors LLC acquired a new position in United Airlines during the 3rd quarter valued at about $240,000. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

UAL stock opened at $82.88 on Monday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The stock has a market cap of $27.13 billion, a P/E ratio of 8.79, a P/E/G ratio of 0.67 and a beta of 1.41. The firm has a 50 day simple moving average of $101.72 and a 200 day simple moving average of $83.53. United Airlines has a 52 week low of $37.02 and a 52 week high of $116.00.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.00 earnings per share. Research analysts anticipate that United Airlines will post 12.96 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.