United Airlines (NASDAQ:UAL) Reaches New 12-Month High – Here’s What Happened

United Airlines Holdings Inc (NASDAQ:UALGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $127.32 and last traded at $126.5150, with a volume of 768831 shares traded. The stock had previously closed at $121.55.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on UAL shares. Morgan Stanley raised their target price on shares of United Airlines from $150.00 to $182.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Susquehanna set a $135.00 price target on shares of United Airlines in a research report on Thursday, April 23rd. TD Cowen raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

Get Our Latest Analysis on UAL

United Airlines Trading Up 6.0%

The business has a 50 day simple moving average of $102.55 and a two-hundred day simple moving average of $104.31. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 1.38. The company has a market cap of $41.80 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 0.95 and a beta of 1.27.

United Airlines (NASDAQ:UALGet Free Report) last released its earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The firm had revenue of $14.61 billion during the quarter, compared to analyst estimates of $14.19 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. On average, analysts forecast that United Airlines Holdings Inc will post 10.01 EPS for the current fiscal year.

Insider Transactions at United Airlines

In related news, CEO J Scott Kirby sold 48,303 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $121.30, for a total value of $5,859,153.90. Following the sale, the chief executive officer directly owned 798,929 shares of the company’s stock, valued at approximately $96,910,087.70. This trade represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kate Gebo sold 34,669 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the completion of the sale, the executive vice president owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. The trade was a 33.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 96,381 shares of company stock worth $10,837,575 in the last three months. Company insiders own 0.86% of the company’s stock.

Institutional Trading of United Airlines

A number of institutional investors and hedge funds have recently made changes to their positions in UAL. Legacy Wealth Managment LLC ID purchased a new stake in United Airlines during the fourth quarter valued at about $25,000. Western Wealth Management LLC acquired a new stake in United Airlines during the 1st quarter worth approximately $27,000. JPL Wealth Management LLC purchased a new position in United Airlines in the third quarter valued at approximately $29,000. BOCHK Asset Management Ltd acquired a new position in United Airlines during the fourth quarter valued at approximately $34,000. Finally, Motiv8 Investments LLC purchased a new stake in United Airlines during the fourth quarter worth approximately $35,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

About United Airlines

(Get Free Report)

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.

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