United Airlines Holdings Inc (UAL) concluded trading on Wednesday at a closing price of $44.07, with 5.93 million shares of worth about $261.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.08% during that period and on Wednesday the price saw a gain of about 0.75%. Currently the company’s common shares owned by public are about 328.02M shares, out of which, 326.49M shares are available for trading.
Stock saw a price change of -1.54% in past 5 days and over the past one month there was a price change of 10.15%. Year-to-date (YTD), UAL shares are showing a performance of 6.81% which decreased to -15.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.68 but also hit the highest price of $58.23 during that period. The average intraday trading volume for United Airlines Holdings Inc shares is 8.90 million. The stock is currently trading 1.33% above its 20-day simple moving average (SMA20), while that difference is up 4.52% for SMA50 and it goes to -2.49% lower than SMA200.
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United Airlines Holdings Inc (NASDAQ: UAL) currently have 328.02M outstanding shares and institutions hold larger chunk of about 70.22% of that.
The stock has a current market capitalization of $14.46B and its 3Y-monthly beta is at 1.55. PE ratio of stock for trailing 12 months is 5.59, while it has posted earnings per share of $7.88 in the same period. Its PEG reads 0.13 and has Quick Ratio of 0.76 while making debt-to-equity ratio of 3.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UAL, volatility over the week remained 2.40% while standing at 2.76% over the month.
Analysts are in expectations that United Airlines Holdings Inc (UAL) stock would likely to be making an EPS of -$0.5 in the current quarter, while forecast for next quarter EPS is $3.94 and it is $11.56 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.65 which is -$0.35 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.63 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -4.51% while it is estimated to increase by 22.50% in next year. EPS is likely to grow at an annualized rate of 42.79% for next 5-years, compared to annual growth of 0.56% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Redburn Atlantic on February 13, 2024 offering a Neutral rating for the stock and assigned a target price of $50 to it. Coverage by Evercore ISI stated United Airlines Holdings Inc (UAL) stock as an Outperform in their note to investors on February 09, 2024, suggesting a price target of $65 for the stock. On January 24, 2024, TD Cowen Reiterated their recommendations, while on January 10, 2024, Susquehanna Upgrade their ratings for the stock with a price target of $60. Stock get a Buy rating from BofA Securities on January 09, 2024.
