United Airlines (NASDAQ:UAL - Get Free Report) had its price target boosted by equities researchers at TD Cowen from $73.00 to $88.00 in a report issued on Tuesday,Briefing.com Automated Import reports. The firm presently has a "buy" rating on the transportation company's stock. TD Cowen's target price points to a potential upside of 34.76% from the company's current price.
A number of other research firms have also recently issued reports on UAL. UBS Group upped their price objective on United Airlines from $59.00 to $67.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Susquehanna decreased their price target on shares of United Airlines from $90.00 to $81.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Bank of America decreased their target price on shares of United Airlines from $110.00 to $100.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Evercore ISI decreased their price objective on United Airlines from $145.00 to $100.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Finally, Jefferies Financial Group lowered their target price on United Airlines from $154.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $97.14.
Read Our Latest Stock Analysis on United Airlines
United Airlines Price Performance
NASDAQ UAL opened at $65.30 on Tuesday. The company has a market cap of $21.40 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. The firm's 50-day simple moving average is $78.36 and its two-hundred day simple moving average is $87.81. United Airlines has a 52 week low of $37.02 and a 52 week high of $116.00.
United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. The company had revenue of $13.21 billion for the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. Research analysts predict that United Airlines will post 12.96 earnings per share for the current year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in UAL. Sanders Capital LLC increased its stake in shares of United Airlines by 46.4% in 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 in the last quarter. Boston Partners bought a new position in shares of United Airlines during the 4th quarter valued at about $323,508,000. FMR LLC increased its stake in United Airlines by 70.9% in the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company's stock worth $705,798,000 after acquiring an additional 3,015,979 shares during the last quarter. Senator Investment Group LP raised its stake in United Airlines by 214.8% during 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 in the last quarter. Finally, Capital World Investors grew its stake in shares of United Airlines by 22.4% in 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 in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
About United Airlines
(
Get Free Report)
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.
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