United Continental Holdings Sees Unusually High Options Volume (UAL)
United Continental Holdings (NYSE:UAL) was the target of unusually large options trading on Friday. Stock investors purchased 29,282 call options on the stock, AR Network reports. This represents an increase of 254% compared to the typical volume of 8,266 call options.
Several analysts have recently commented on the stock. Analysts at UBS AG downgraded shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research note to investors on Friday. Separately, analysts at Imperial Capital raised their price target on shares of United Continental Holdings from $42.00 to $49.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Atlantic Securities initiated coverage on shares of United Continental Holdings in a research note to investors on Wednesday, January 8th. They set an “overweight” rating on the stock. Five analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $36.64.
United Continental Holdings (NYSE:UAL) opened at 45.08 on Monday. United Continental Holdings has a 52 week low of $23.62 and a 52 week high of $46.19. The stock’s 50-day moving average is $38.44 and its 200-day moving average is $33.89. The company’s market cap is $16.313 billion.
United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Thursday, October 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by $0.09. The company had revenue of $10.20 billion for the quarter, compared to the consensus estimate of $10.30 billion. During the same quarter in the previous year, the company posted $1.35 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts predict that United Continental Holdings will post $2.51 earnings per share for the current fiscal year.
United Continental Holdings, Inc (NYSE:UAL) is a holding company and its principal, wholly owned subsidiaries are United Air Lines, Inc (United) and Continental Airlines, Inc (Continental).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.