Susquehanna Has Lowered Expectations for United Airlines (NASDAQ:UAL) Stock Price

United Airlines (NASDAQ:UAL) had its price objective decreased by analysts at Susquehanna from $130.00 to $90.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “positive” rating on the transportation company’s stock. Susquehanna’s price objective points to a potential upside of 60.28% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. boosted their price objective on United Airlines from $108.00 to $133.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Bank of America decreased their price target on United Airlines from $110.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, April 3rd. Jefferies Financial Group dropped their price objective on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. UBS Group downgraded shares of United Airlines from a “buy” rating to a “neutral” rating and decreased their target price for the company from $107.00 to $59.00 in a research note on Monday. Finally, Morgan Stanley lifted their price target on shares of United Airlines from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, United Airlines has an average rating of “Moderate Buy” and an average price target of $102.15.

United Airlines Stock Down 4.5 %

UAL opened at $56.15 on Monday. United Airlines has a 1 year low of $37.02 and a 1 year high of $116.00. The firm has a 50 day moving average price of $86.37 and a 200 day moving average price of $87.06. 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 company has a market cap of $18.38 billion, a PE ratio of 5.95, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19.

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

Institutional Trading of United Airlines

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of United Airlines in the 4th quarter valued at approximately $25,000. Hemington Wealth Management lifted its stake in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Capital A Wealth Management LLC acquired a new position in United Airlines in the fourth quarter worth $31,000. Roxbury Financial LLC bought a new stake in United Airlines during the fourth quarter valued at $32,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of United Airlines during the fourth quarter worth $32,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

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.