United Airlines Holdings, Inc. (NASDAQ:UAL) Given Average Rating of “Moderate Buy” by Analysts

United Airlines Holdings, Inc. (NASDAQ:UAL) has received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $66.53.

Several brokerages have recently commented on UAL. Evercore ISI upgraded United Airlines from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $58.00 to $65.00 in a research note on Friday, February 9th. Redburn Atlantic downgraded United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a research note on Tuesday, February 13th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a research note on Thursday. Raymond James lifted their price target on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Susquehanna lifted their price target on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday.

Institutional Investors Weigh In On United Airlines

A number of institutional investors have recently made changes to their positions in UAL. NBC Securities Inc. acquired a new position in shares of United Airlines in the 3rd quarter valued at about $25,000. Loomis Sayles & Co. L P lifted its stake in shares of United Airlines by 707.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 545 shares during the period. Venturi Wealth Management LLC raised its stake in United Airlines by 72.1% during the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after buying an additional 274 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in United Airlines during the 4th quarter worth approximately $27,000. Finally, Clear Street Markets LLC raised its stake in United Airlines by 101.8% during the 1st quarter. Clear Street Markets LLC now owns 642 shares of the transportation company’s stock worth $28,000 after buying an additional 36,811 shares during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Trading Up 5.5 %

Shares of UAL opened at $51.42 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 2.70. United Airlines has a 12-month low of $33.68 and a 12-month high of $58.23. The firm has a market capitalization of $16.91 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.58 and a beta of 1.55. The stock’s fifty day simple moving average is $44.29 and its 200-day simple moving average is $41.42.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.39. United Airlines had a return on equity of 40.50% and a net margin of 4.90%. The firm had revenue of $13.63 billion for the quarter, compared to analyst estimates of $13.55 billion. During the same quarter in the prior year, the firm posted $2.46 earnings per share. The company’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, research analysts predict that United Airlines will post 9.46 earnings per share for the current year.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.