United Airlines Holdings Inc (NASDAQ: UAL) Hogging The Spotlight Today

Currently, there are 328.02M common shares owned by the public and among those 326.31M shares have been available to trade.

The company’s stock has a 5-day price change of 1.89% and 12.82% over the past three months. UAL shares are trading 14.76% year to date (YTD), with the 12-month market performance up to 8.93% higher. It has a 12-month low price of $33.68 and touched a high of $58.23 over the same period. UAL has an average intraday trading volume of 8.94 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.32%, 9.62%, and 5.51% respectively.

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Institutional ownership of United Airlines Holdings Inc (NASDAQ: UAL) shares accounts for 70.23% of the company’s 328.02M shares outstanding.

It has a market capitalization of $15.53B and a beta (3y monthly) value of 1.55. The stock’s trailing 12-month PE ratio is 6.01, while the earnings-per-share (ttm) stands at $7.88. The company has a PEG of 0.14 and a Quick Ratio of 0.76 with the debt-to-equity ratio at 3.94. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.98% over the week and 2.74% over the month.

Analysts forecast that United Airlines Holdings Inc (UAL) will achieve an EPS of -$0.54 for the current quarter, $3.95 for the next quarter and $11.58 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.75 while analysts give the company a high EPS estimate of -$0.35. Comparatively, EPS for the current quarter was -$0.63 a year ago. Earnings per share for the fiscal year are expected to decrease by -4.03%, and 22.08% over the next financial year. EPS should grow at an annualized rate of 42.79% over the next five years, compared to 0.56% over the past 5-year period.

Looking at the support for the UAL, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on March 20, 2024, with the firm’s price target at $47. Redburn Atlantic coverage for the United Airlines Holdings Inc (UAL) stock in a research note released on February 13, 2024 offered a Neutral rating with a price target of $50. Evercore ISI was of a view on February 09, 2024 that the stock is Outperform, while TD Cowen gave the stock Outperform rating on January 24, 2024, issuing a price target of $55- $65. Susquehanna on their part issued Positive rating on January 10, 2024.

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