Q2 2024 Earnings Estimate for United Airlines Holdings, Inc. Issued By Zacks Research (NASDAQ:UAL)

United Airlines Holdings, Inc. (NASDAQ:UAL) – Investment analysts at Zacks Research increased their Q2 2024 EPS estimates for shares of United Airlines in a research report issued on Wednesday, May 1st. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $3.93 per share for the quarter, up from their prior 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.

Several other brokerages also recently commented on UAL. Susquehanna raised 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. Morgan Stanley raised their price objective on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, April 18th. Bank of America upped 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. Redburn Atlantic cut shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research note on Tuesday, February 13th. Finally, Evercore ISI upgraded shares of United Airlines from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $58.00 to $65.00 in a research report on Friday, February 9th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.53.

United Airlines Price Performance

United Airlines stock opened at $51.65 on Friday. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. United Airlines has a one year low of $33.68 and a one year high of $58.23. The firm has a market capitalization of $16.98 billion, a P/E ratio of 6.38, a PEG ratio of 0.51 and a beta of 1.49. The business has a fifty day moving average price of $46.32 and a 200-day moving average price of $42.33.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in UAL. Smith Anglin Financial LLC lifted its holdings in United Airlines by 3.1% in the 1st quarter. Smith Anglin Financial LLC now owns 7,043 shares of the transportation company’s stock worth $337,000 after buying an additional 215 shares during the period. Czech National Bank increased its position in United Airlines by 0.5% during the 1st quarter. Czech National Bank now owns 57,714 shares of the transportation company’s stock valued at $2,763,000 after purchasing an additional 271 shares during the period. Venturi Wealth Management LLC raised its holdings in United Airlines by 72.1% in the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after purchasing an additional 274 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of United Airlines by 1.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 19,416 shares of the transportation company’s stock valued at $930,000 after buying an additional 287 shares during the period. Finally, 180 Wealth Advisors LLC raised its stake in United Airlines by 2.2% in the first quarter. 180 Wealth Advisors LLC now owns 13,847 shares of the transportation company’s stock worth $663,000 after buying an additional 304 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Kate Gebo sold 15,000 shares of the company’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.63% of the stock is currently owned by corporate insiders.

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.