Analysts Set United Airlines Holdings Inc (NASDAQ:UAL) Target Price at $112.57

Shares of United Airlines Holdings Inc (NASDAQ:UAL) have been given a consensus recommendation of “Buy” by the sixteen analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $115.9286.

Several research analysts have weighed in on the stock. Susquehanna raised their price objective on shares of United Airlines from $81.00 to $109.00 and gave the stock a “positive” rating in a report on Tuesday, July 15th. TD Cowen raised their price objective on shares of United Airlines from $101.00 to $127.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Bank of America raised their price objective on shares of United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, July 18th. JPMorgan Chase & Co. raised their price objective on shares of United Airlines from $122.00 to $149.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Finally, UBS Group raised their price objective on shares of United Airlines from $114.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, September 26th.

United Airlines Price Performance

UAL opened at $96.50 on Friday. The company has a fifty day simple moving average of $99.29 and a 200 day simple moving average of $83.82. The firm has a market cap of $31.24 billion, a price-to-earnings ratio of 9.67, a PEG ratio of 1.28 and a beta of 1.47. United Airlines has a twelve month low of $52.00 and a twelve month high of $116.00. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 1.56.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 16th. The transportation company reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.81 by $0.06. The business had revenue of $15.24 billion during the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a net margin of 5.71% and a return on equity of 30.09%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the business earned $4.14 EPS. United Airlines has set its FY 2025 guidance at 9.000-11.000 EPS. Equities research analysts expect that United Airlines will post 12.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kate Gebo sold 29,953 shares of United Airlines stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total value of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares of the company’s stock, valued at approximately $4,439,954.64. The trade was a 39.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of United Airlines stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $92.22, for a total transaction of $1,844,400.00. Following the completion of the transaction, the executive vice president directly owned 62,358 shares of the company’s stock, valued at $5,750,654.76. This trade represents a 24.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 106,791 shares of company stock worth $9,992,318. Corporate insiders own 0.63% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in United Airlines by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 37,330,017 shares of the transportation company’s stock valued at $2,972,589,000 after purchasing an additional 368,401 shares during the period. State Street Corp boosted its stake in United Airlines by 4.4% during the 2nd quarter. State Street Corp now owns 11,571,093 shares of the transportation company’s stock valued at $921,406,000 after purchasing an additional 489,795 shares during the period. Geode Capital Management LLC boosted its stake in United Airlines by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 8,819,876 shares of the transportation company’s stock valued at $704,994,000 after purchasing an additional 90,350 shares during the period. Dimensional Fund Advisors LP boosted its stake in United Airlines by 2.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,010,293 shares of the transportation company’s stock valued at $415,011,000 after purchasing an additional 125,284 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in United Airlines by 10,777.6% during the 1st quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company’s stock valued at $349,953,000 after purchasing an additional 5,021,511 shares during the period. 69.69% of the stock is owned by institutional investors and hedge funds.

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.