United Airlines Holdings Inc (NASDAQ:UAL) Stock Has Average Target Price of $156.19 According to Analysts

United Airlines Holdings Inc (NASDAQ:UAL) has received an average rating of “Moderate Buy” from the eighteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $156.19.

A number of research analysts have weighed in on UAL shares. Argus cut their price objective on shares of United Airlines from $140.00 to $125.00 and set a “buy” rating for the company in a report on Thursday, October 22nd. Rothschild & Co Redburn lowered their target price on shares of United Airlines from $165.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, September 18th. JPMorgan Chase & Co. increased their target price on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Evercore reissued an “outperform” rating and issued a $160.00 price target on shares of United Airlines in a research note on Wednesday, October 21st. Finally, Morgan Stanley boosted their price target on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th.

Insider Activity

In other news, EVP Andrew Nocella sold 5,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $117.00, for a total transaction of $585,000.00. Following the completion of the sale, the executive vice president owned 214,955 shares of the company’s stock, valued at $25,149,735. This represents a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.86% of the stock is owned by insiders.

Hedge Funds Weigh In On United Airlines

A number of institutional investors have recently added to or reduced their stakes in UAL. CenterBook Partners LP acquired a new position in United Airlines during the 3rd quarter worth $711,000. International Assets Investment Management LLC boosted its position in shares of United Airlines by 11.2% in the 3rd quarter. International Assets Investment Management LLC now owns 20,184 shares of the transportation company’s stock worth $2,256,000 after purchasing an additional 2,036 shares during the last quarter. Heritage Family Offices LLP bought a new position in United Airlines during the 3rd quarter worth approximately $121,000. Calamos Wealth Management LLC grew its holdings in United Airlines by 36.4% during the third quarter. Calamos Wealth Management LLC now owns 2,028 shares of the transportation company’s stock valued at $225,000 after purchasing an additional 541 shares during the period. Finally, Calamos Advisors LLC raised its position in shares of United Airlines by 152.0% during the third quarter. Calamos Advisors LLC now owns 638,284 shares of the transportation company’s stock worth $70,818,000 after purchasing an additional 385,046 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Up 4.8%

Shares of NASDAQ UAL opened at $109.24 on Friday. The stock’s fifty day simple moving average is $107.57 and its two-hundred day simple moving average is $108.24. The company has a current ratio of 0.75, a quick ratio of 0.68 and a debt-to-equity ratio of 1.38. United Airlines has a 12-month low of $84.64 and a 12-month high of $138.77. The stock has a market capitalization of $35.49 billion, a PE ratio of 9.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, October 20th. The transportation company reported $2.54 earnings per share for the quarter, missing the consensus estimate of $2.57 by ($0.03). United Airlines had a return on equity of 17.59% and a net margin of 5.46%. The company had revenue of $17.88 billion for the quarter, compared to analysts’ expectations of $17.89 billion. During the same period in the prior year, the firm posted $2.78 EPS. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. As a group, analysts expect that United Airlines will post 7.17 EPS for the current fiscal year.

United Airlines Company Profile

United Airlines Holdings, Inc is the parent company of United Airlines, a major U.S. commercial airline headquartered in Chicago, Illinois. The company provides scheduled passenger air transportation and air cargo services, connecting customers across the United States and to international destinations.

United operates a broad network serving North America, Latin America, Europe, Asia, Africa and Oceania. Its operations are supported by hubs in major U.S. cities, including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC, as well as an extensive network of regional carriers operating under the United Express brand.

The company offers several travel classes and related services, including premium-cabin seating, onboard amenities, airport lounges and the MileagePlus customer loyalty program.