Analysts Set United Airlines Holdings, Inc. (NASDAQ:UAL) Price Target at $113.88

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) have received an average recommendation of “Buy” from the seventeen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $114.95.

Several equities analysts have recently issued reports on the company. Susquehanna reaffirmed a “hold” rating on shares of United Airlines in a research report on Tuesday, February 25th. Morgan Stanley lifted their target price on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. UBS Group upped their target price on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Barclays set a $140.00 price target on shares of United Airlines and gave the company an “overweight” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price objective on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th.

Institutional Trading of United Airlines

Several large investors have recently modified their holdings of UAL. State Street Corp increased its position in shares of United Airlines by 0.8% during the 3rd quarter. State Street Corp now owns 10,320,253 shares of the transportation company’s stock valued at $588,874,000 after purchasing an additional 78,470 shares during the last quarter. Longbow Finance SA bought a new stake in United Airlines during the fourth quarter valued at approximately $9,359,000. Charles Schwab Investment Management Inc. increased its holdings in United Airlines by 41.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,112,583 shares of the transportation company’s stock valued at $177,604,000 after buying an additional 908,558 shares during the last quarter. MidWestOne Financial Group Inc. raised its position in United Airlines by 28.0% in the third quarter. MidWestOne Financial Group Inc. now owns 53,704 shares of the transportation company’s stock worth $3,064,000 after acquiring an additional 11,743 shares during the period. Finally, KBC Group NV purchased a new position in shares of United Airlines during the 4th quarter worth $485,000. Institutional investors own 69.69% of the company’s stock.

United Airlines Price Performance

UAL stock opened at $72.46 on Monday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a 50 day moving average price of $100.39 and a 200-day moving average price of $83.93. United Airlines has a 52-week low of $37.02 and a 52-week high of $116.00. The firm has a market capitalization of $23.72 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 0.67 and a beta of 1.41.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter last year, the company earned $2.00 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities research analysts forecast that United Airlines will post 12.96 EPS for the current fiscal year.

United Airlines Company Profile

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.