United Airlines Holdings, Inc. (NASDAQ:UAL) Given Average Recommendation of "Buy" by Brokerages

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) have received an average recommendation of "Buy" from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $111.08.

Several equities analysts have recently weighed in on UAL shares. UBS Group cut their price objective on United Airlines from $140.00 to $107.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. Jefferies Financial Group reduced their price target on shares of United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. JPMorgan Chase & Co. increased their price objective on shares of United Airlines from $108.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Susquehanna reaffirmed a "hold" rating on shares of United Airlines in a research report on Tuesday, February 25th. Finally, TD Cowen increased their target price on United Airlines from $142.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, January 24th.

United Airlines Trading Down 4.3 %

UAL traded down $2.56 during midday trading on Friday, reaching $57.67. 18,018,345 shares of the company were exchanged, compared to its average volume of 7,824,470. 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 capitalization of $18.88 billion, a P/E ratio of 6.12, a PEG ratio of 0.67 and a beta of 1.19. The stock's 50-day simple moving average is $89.38 and its 200 day simple moving average is $86.97. United Airlines has a one year low of $37.02 and a one year high of $116.00.

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

Institutional Trading of United Airlines

Several institutional investors and hedge funds have recently added to or reduced their stakes in UAL. Sanders Capital LLC raised its holdings in shares of United Airlines by 46.4% in the 4th quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock valued at $1,344,671,000 after purchasing an additional 4,390,721 shares during the period. Boston Partners bought a new stake in United Airlines in the 4th quarter valued at $323,508,000. FMR LLC boosted its position in United Airlines by 70.9% during the fourth quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock worth $705,798,000 after purchasing an additional 3,015,979 shares during the period. Senator Investment Group LP raised its position in shares of United Airlines by 214.8% in the fourth quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company's stock valued at $316,648,000 after purchasing an additional 2,225,000 shares during the period. Finally, Capital World Investors boosted its holdings in shares of United Airlines by 22.4% during the 4th quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock worth $950,461,000 after buying an additional 1,791,654 shares during the period. 69.69% of the stock is 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.