United Airlines (NASDAQ:UAL) Stock Gets Price Target Cut from Susquehanna

United Airlines (NASDAQ:UAL) had its target price decreased by Susquehanna from $165.00 to $150.00 in a report published on Wednesday morning,Benzinga reports. Susquehanna currently has a positive rating on the transportation company’s stock.

Other equities analysts have also issued reports about the stock. Citigroup lifted their price objective on shares of United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Sanford C. Bernstein upped their target price on United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Wells Fargo & Company dropped their target price on United Airlines from $165.00 to $160.00 and set an “overweight” rating on the stock in a research report on Tuesday. Wall Street Zen cut United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Morgan Stanley lifted their price target on United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Fifteen analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.38.

United Airlines Stock Up 0.0%

NASDAQ:UAL opened at $107.46 on Wednesday. United Airlines has a 1-year low of $84.64 and a 1-year high of $138.77. The company has a 50-day moving average of $114.48 and a 200 day moving average of $110.13. The firm has a market cap of $34.88 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 1.13 and a beta of 1.30. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter last year, the firm posted $3.87 EPS. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts anticipate that United Airlines will post 8.64 EPS for the current fiscal year.

Insider Activity

In related news, EVP Torbjorn Enqvist sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the transaction, the executive vice president owned 114,800 shares in the company, valued at $13,765,668. The trade was a 14.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Brett J. Hart sold 30,108 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the sale, the president directly owned 371,583 shares of the company’s stock, valued at $44,857,499.76. The trade was a 7.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 221,629 shares of company stock worth $26,328,598 in the last quarter. 0.86% of the stock is currently owned by corporate insiders.

Institutional Trading of United Airlines

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its position in United Airlines by 11.2% during the 1st quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock worth $38,544,000 after buying an additional 42,111 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of United Airlines in the second quarter worth about $7,671,000. State Street Corp grew its position in shares of United Airlines by 1.4% during the 2nd quarter. State Street Corp now owns 11,788,111 shares of the transportation company’s stock valued at $1,603,065,000 after acquiring an additional 162,283 shares during the period. Y Intercept Hong Kong Ltd increased its stake in shares of United Airlines by 432.2% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 96,592 shares of the transportation company’s stock valued at $8,893,000 after purchasing an additional 78,442 shares in the last quarter. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of United Airlines in the 4th quarter valued at about $5,591,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Company Profile

United Airlines Holdings, Inc is the parent company of United Airlines, a major U.S. commercial airline. Through its mainline operations and regional partners, United provides scheduled passenger air transportation and air cargo services to destinations across the United States and international markets.

United operates an extensive global network serving North America, Latin America, Europe, Asia, Africa and the Middle East. Its principal hubs include Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC The airline offers multiple classes of service, including United Polaris business class, United First, United Premium Plus, Economy Plus and standard economy.

United traces its history to 1926 and has grown through the consolidation of several aviation businesses.