Daily Progress: United Airlines Holdings Inc (UAL) Drop -0.22, Closing at 55.62

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In the latest session, United Airlines Holdings Inc (NASDAQ: UAL) closed at $55.62 down -0.22% from its previous closing price of $55.74. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 6.77 million shares were traded. UAL stock price reached its highest trading level at $56.1995 during the session, while it also had its lowest trading level at $54.93.

Ratios:

For a deeper understanding of United Airlines Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 3.25 whereas as Long-Term Debt/Eq ratio is at 2.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 17, 2024, Reiterated its Buy rating but revised its target price to $80 from $65 previously.

On June 06, 2024, Redburn Atlantic Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $70.

Jefferies Upgraded its Hold to Buy on May 29, 2024, whereas the target price for the stock was revised from $54 to $65.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 18 ’24 when Gebo Kate sold 15,000 shares for $50.86 per share. The transaction valued at 762,915 led to the insider holds 57,512 shares of the business.

Gebo Kate sold 15,000 shares of UAL for $762,360 on Apr 18 ’24. The EVP HR and Labor Relations now owns 57,512 shares after completing the transaction at $50.82 per share. On Nov 06 ’23, another insider, KENNEDY JAMES A C, who serves as the Director of the company, bought 4,500 shares for $36.43 each. As a result, the insider paid 163,922 and bolstered with 27,863 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UAL now has a Market Capitalization of 18329182208 and an Enterprise Value of 37295742976. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.31, and their Forward P/E ratio for the next fiscal year is 4.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 0.67 whereas that against EBITDA is 4.897.

Stock Price History:

Over the past 52 weeks, UAL has reached a high of $60.23, while it has fallen to a 52-week low of $33.68. The 50-Day Moving Average of the stock is 19.77%, while the 200-Day Moving Average is calculated to be 19.86%.

Shares Statistics:

For the past three months, UAL has traded an average of 7.52M shares per day and 7769920 over the past ten days. A total of 328.02M shares are outstanding, with a floating share count of 327.11M. Insiders hold about 0.52% of the company’s shares, while institutions hold 78.76% stake in the company. Shares short for UAL as of 1726185600 were 15138232 with a Short Ratio of 2.01, compared to 1723680000 on 16307130. Therefore, it implies a Short% of Shares Outstanding of 15138232 and a Short% of Float of 5.2199997.

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