United Airlines Holdings Inc (NASDAQ: UAL) closed the day trading at $43.31 up 0.28% from the previous closing price of $43.19. On the day, 7561899 shares were traded.
Ratios:
For a better understanding of UAL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 3.94 whereas as Long-Term Debt/Eq ratio is at 3.42.
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 14.21B and an Enterprise Value of 34.24B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.49, and their Forward P/E ratio for the next fiscal year is 3.70. 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 0.26 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 4.37.
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 43.72, while the 200-Day Moving Average is calculated to be 44.62.
Shares Statistics:
Over the past 3-months, UAL traded about 9.05M shares per day on average, while over the past 10 days, UAL traded about 9.07M shares per day. 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 70.23% stake in the company. Shares short for UAL as of Mar 15, 2024 were 17.84M with a Short Ratio of 1.97, compared to 15.83M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.44% and a Short% of Float of 6.17%.
Dividends & Splits
The current Payout Ratio is 0.00% for UAL, which recently paid a dividend on Jan 23, 2008 with an ex-dividend date of Jan 07, 2008. Stock splits for the company last occurred on May 21, 1996 when the company split stock in a 4:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 14 analysts. On average, analysts expect EPS of -$0.56 for the current quarter, with a high estimate of -$0.35 and a low estimate of -$0.75, while EPS last year was -$0.63. The consensus estimate for the next quarter is $3.88, with high estimates of $4.5 and low estimates of $3.41.
Analysts are recommending an EPS of between $10.39 and $9.05 for the fiscal current year, implying an average EPS of $9.47. EPS for the following year is $11.45, with 16 analysts recommending between $14.21 and $10.
Revenue Estimates
11 analysts predict $12.43B in revenue for the current quarter. It ranges from a high estimate of $12.74B to a low estimate of $12.09B. As of the current estimate, United Airlines Holdings Inc’s year-ago sales were $11.43B, an estimated increase of 8.80% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $15.15B, an increase of 6.90% less than the figure of $8.80% in the same quarter last year. There is a high estimate of $15.69B for the next quarter, whereas the lowest estimate is $14.45B.
A total of 17 analysts have provided revenue estimates for UAL’s current fiscal year. The highest revenue estimate was $58.6B, while the lowest revenue estimate was $55.68B, resulting in an average revenue estimate of $57.31B. In the same quarter a year ago, actual revenue was $53.72B, up 6.70% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $60.14B in the next fiscal year. The high estimate is $62.5B and the low estimate is $53.73B. The average revenue growth estimate for next year is up 4.90% from the average revenue estimate for this year.
