Analysts expect United Continental Holdings Inc (NYSE:UAL) to report $9.25 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for United Continental’s earnings, with estimates ranging from $9.18 billion to $9.31 billion. United Continental posted sales of $9.05 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.2%. The business is scheduled to report its next quarterly earnings results after the market closes on Tuesday, January 23rd.

On average, analysts expect that United Continental will report full year sales of $9.25 billion for the current year, with estimates ranging from $37.47 billion to $37.61 billion. For the next year, analysts anticipate that the company will post sales of $39.56 billion per share, with estimates ranging from $38.96 billion to $40.64 billion. Zacks’ sales averages are an average based on a survey of analysts that follow United Continental.

United Continental (NYSE:UAL) last announced its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $9.87 billion. During the same quarter last year, the firm posted $3.11 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis.

UAL has been the subject of several recent research reports. Citigroup lifted their price objective on United Continental from $75.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Bank of America reissued a “buy” rating and issued a $84.00 price objective (down previously from $85.00) on shares of United Continental in a report on Tuesday, October 10th. Evercore ISI raised United Continental from an “in-line” rating to an “outperform” rating and set a $68.00 price objective for the company in a report on Wednesday, October 25th. Stifel Nicolaus reissued a “buy” rating and issued a $100.00 price objective (down previously from $110.00) on shares of United Continental in a report on Friday, October 20th. Finally, JPMorgan Chase & Co. lowered United Continental from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $68.00 to $60.00 in a report on Wednesday, November 1st. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. United Continental has an average rating of “Hold” and an average target price of $79.47.

Shares of United Continental (NYSE:UAL) traded up $0.10 on Friday, reaching $69.36. The company had a trading volume of 2,675,564 shares, compared to its average volume of 3,750,000. United Continental has a 52 week low of $56.51 and a 52 week high of $83.04. The stock has a market cap of $20,550.00, a price-to-earnings ratio of 10.04, a P/E/G ratio of 1.77 and a beta of 1.05. 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 declared that its board has authorized a share buyback plan on Thursday, December 7th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the transportation company to buy shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

In related news, Director Robert A. Milton bought 1,000 shares of United Continental stock in a transaction on Tuesday, October 24th. The stock was acquired at an average price of $58.60 per share, with a total value of $58,600.00. Following the acquisition, the director now directly owns 6,176 shares of the company’s stock, valued at $361,913.60. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.27% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of UAL. Exane Derivatives boosted its position in shares of United Continental by 373.7% during the 3rd quarter. Exane Derivatives now owns 1,852 shares of the transportation company’s stock valued at $113,000 after acquiring an additional 1,461 shares during the last quarter. Sun Life Financial INC boosted its position in shares of United Continental by 18,645.5% during the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock valued at $155,000 after acquiring an additional 2,051 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of United Continental during the 2nd quarter valued at about $181,000. Institute for Wealth Management LLC. bought a new stake in shares of United Continental during the 2nd quarter valued at about $208,000. Finally, Beach Investment Management LLC. bought a new stake in shares of United Continental during the 2nd quarter valued at about $227,000. Hedge funds and other institutional investors own 95.63% of the company’s stock.

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United Continental Company Profile

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.

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Earnings History and Estimates for United Continental (NYSE:UAL)

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