Susquehanna Has Lowered Expectations for United Airlines (NASDAQ:UAL) Stock Price

United Airlines (NASDAQ:UAL - Get Free Report) had its price target lowered by Susquehanna from $130.00 to $90.00 in a report issued on Monday,Benzinga reports. The firm presently has a "positive" rating on the transportation company's stock. Susquehanna's price objective points to a potential upside of 37.20% from the stock's current price.

A number of other equities research analysts also recently issued reports on the company. TD Cowen increased their price target on United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Bank of America decreased their price target on United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Jefferies Financial Group cut their price objective on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. UBS Group lowered shares of United Airlines from a "buy" rating to a "neutral" rating and decreased their target price for the company from $107.00 to $59.00 in a report on Monday, April 7th. Finally, Barclays set a $140.00 price target on shares of United Airlines and gave the stock an "overweight" rating in a report on Wednesday, March 12th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $102.01.

United Airlines Stock Performance

UAL traded up $2.85 during trading on Monday, hitting $65.60. The stock had a trading volume of 8,591,610 shares, compared to its average volume of 7,979,148. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 6.96, a P/E/G ratio of 0.67 and a beta of 1.19. The company has a 50 day moving average price of $83.20 and a 200-day moving average price of $87.22. United Airlines has a one year low of $37.02 and a one year high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping analysts' consensus estimates of $2.96 by $0.30. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business had revenue of $14.70 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same period last year, the firm earned $2.00 earnings per share. United Airlines's revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, research analysts predict that United Airlines will post 12.96 EPS for the current year.

Institutional Trading of United Airlines

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in United Airlines by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock valued at $3,548,797,000 after buying an additional 369,500 shares during the last quarter. Capital International Investors raised its stake in shares of United Airlines by 6.3% during the fourth quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock valued at $2,064,825,000 after acquiring an additional 1,257,443 shares during the last quarter. Sanders Capital LLC lifted its holdings in shares of United Airlines by 46.4% during the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock worth $1,344,671,000 after purchasing an additional 4,390,721 shares during the period. State Street Corp grew its stake in shares of United Airlines by 0.8% in the third quarter. State Street Corp now owns 10,320,253 shares of the transportation company's stock worth $588,874,000 after purchasing an additional 78,470 shares during the last quarter. Finally, Capital World Investors increased its holdings in United Airlines by 22.4% in the fourth quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after purchasing an additional 1,791,654 shares during the period. 69.69% of the stock is currently owned by institutional investors.

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.