Shares of United Continental Holdings, Inc. (NYSE:UAL) have received an average recommendation of “Hold” from the twenty-three ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $74.42.

Several equities research analysts have recently weighed in on the company. Citigroup raised their price objective on United Continental from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Cowen reissued a “market perform” rating and set a $70.00 price objective (up from $63.00) on shares of United Continental in a research note on Thursday, October 12th. Morgan Stanley reduced their price objective on United Continental from $79.00 to $72.00 and set an “equal weight” rating for the company in a research note on Thursday, August 17th. Wolfe Research raised United Continental to an “outperform” rating and reduced their price objective for the stock from $97.00 to $95.00 in a research note on Sunday, August 20th. Finally, Zacks Investment Research lowered United Continental from a “buy” rating to a “hold” rating in a research note on Friday, August 18th.

In related news, Director Edward Shapiro bought 15,000 shares of the business’s stock in a transaction on Friday, September 15th. The shares were bought at an average cost of $59.87 per share, for a total transaction of $898,050.00. Following the completion of the acquisition, the director now directly owns 27,707 shares in the company, valued at $1,658,818.09. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert A. Milton bought 1,000 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were bought at an average price of $58.60 per share, for a total transaction of $58,600.00. Following the completion of the acquisition, the director now owns 6,176 shares of the company’s stock, valued at $361,913.60. The disclosure for this purchase can be found here. 0.27% of the stock is owned by company insiders.

Institutional investors have recently bought and sold shares of the company. Hosking Partners LLP increased its stake in shares of United Continental by 1.6% in the second quarter. Hosking Partners LLP now owns 486,710 shares of the transportation company’s stock worth $36,625,000 after purchasing an additional 7,737 shares during the period. Pacad Investment Ltd. acquired a new stake in United Continental during the second quarter worth about $3,306,000. Sciencast Management LP acquired a new stake in United Continental during the second quarter worth about $1,822,000. First Dallas Securities Inc. acquired a new stake in United Continental during the third quarter worth about $504,000. Finally, Thrivent Financial For Lutherans grew its position in United Continental by 1.6% during the second quarter. Thrivent Financial For Lutherans now owns 1,147,310 shares of the transportation company’s stock worth $86,335,000 after buying an additional 18,310 shares in the last quarter. Institutional investors and hedge funds own 95.92% of the company’s stock.

Shares of United Continental (NYSE:UAL) traded down $0.01 during mid-day trading on Thursday, hitting $62.19. The stock had a trading volume of 3,078,500 shares, compared to its average volume of 4,370,992. United Continental has a one year low of $56.51 and a one year high of $83.04. The firm has a market cap of $18,426.90, a PE ratio of 8.70, a PEG ratio of 1.60 and a beta of 1.04. The company has a current ratio of 0.60, a quick ratio of 0.53 and a debt-to-equity ratio of 1.37.

United Continental (NYSE:UAL) last issued its quarterly earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.10. United Continental had a return on equity of 25.26% and a net margin of 5.22%. The company had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.87 billion. During the same period last year, the firm earned $3.11 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. sell-side analysts predict that United Continental will post 6.31 EPS for the current year.

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About United Continental

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

Analyst Recommendations for United Continental (NYSE:UAL)

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