The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $48.74 in the prior trading day, United Airlines Holdings Inc (NASDAQ: UAL) closed at $51.42, up 5.50%. In other words, the price has increased by $5.50 from its previous closing price. On the day, 37.27 million shares were traded. UAL stock price reached its highest trading level at $51.88 during the session, while it also had its lowest trading level at $49.2.
Ratios:
Our goal is to gain a better understanding of UAL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 3.79 whereas as Long-Term Debt/Eq ratio is at 3.28.
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, UBS on March 20, 2024, initiated with a Neutral rating and assigned the stock a target price of $47.
On February 13, 2024, Redburn Atlantic Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $50.
Evercore ISI Upgraded its In-line to Outperform on February 09, 2024, whereas the target price for the stock was revised from $58 to $65.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’23 when KENNEDY JAMES A C bought 1,500 shares for $36.67 per share. The transaction valued at 55,005 led to the insider holds 29,363 shares of the business.
KENNEDY JAMES A C bought 4,500 shares of UAL for $163,922 on Nov 06 ’23. The Director now owns 27,863 shares after completing the transaction at $36.43 per share. On Jul 24 ’23, another insider, LADERMAN GERALD, who serves as the EVP and CFO of the company, sold 4,491 shares for $57.05 each. As a result, the insider received 256,212 and left with 133,213 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 16907049984 and an Enterprise Value of 37733187584. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.35, and their Forward P/E ratio for the next fiscal year is 4.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 0.688 whereas that against EBITDA is 4.724.
Stock Price History:
Over the past 52 weeks, UAL has reached a high of $58.23, while it has fallen to a 52-week low of $33.68. The 50-Day Moving Average of the stock is 17.01%, while the 200-Day Moving Average is calculated to be 16.26%.
Shares Statistics:
The stock has traded on average 9.81M shares per day over the past 3-months and 19005950 shares per day over the last 10 days, according to various share statistics. A total of 328.02M shares are outstanding, with a floating share count of 326.31M. Insiders hold about 0.52% of the company’s shares, while institutions hold 70.10% stake in the company. Shares short for UAL as of 1711584000 were 16794558 with a Short Ratio of 1.71, compared to 1709164800 on 18165447. Therefore, it implies a Short% of Shares Outstanding of 16794558 and a Short% of Float of 5.8000002.
Earnings Estimates
United Airlines Holdings Inc (UAL) is currently under the scrutiny of United Airlines Holdings, Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $14.02, with high estimates of $38.65 and low estimates of $47.85.
Analysts are recommending an EPS of between $Energy and $Industrials for the fiscal current year, implying an average EPS of $Industrials.
