After finishing at $42.89 in the prior trading day, United Airlines Holdings Inc (NASDAQ: UAL) closed at $42.17, down -1.68%. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 12141262 shares were traded. UAL stock price reached its highest trading level at $42.80 during the session, while it also had its lowest trading level at $40.83.
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 0.76 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.
On February 09, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $58 to $65.
TD Cowen reiterated its Outperform rating for the stock on January 24, 2024, while the target price for the stock was revised from $55 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 13.84B and an Enterprise Value of 33.87B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.35, and their Forward P/E ratio for the next fiscal year is 3.59. 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 1.48. Its current Enterprise Value per Revenue stands at 0.63 whereas that against EBITDA is 4.32.
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 42.28, while the 200-Day Moving Average is calculated to be 45.09.
Shares Statistics:
The stock has traded on average 8.78M shares per day over the past 3-months and 7.59M 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 70.23% stake in the company. Shares short for UAL as of Feb 29, 2024 were 18.17M with a Short Ratio of 2.07, compared to 16.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.54% and a Short% of Float of 6.28%.
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
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of -$0.5 for the current quarter, with a high estimate of -$0.35 and a low estimate of -$0.65, while EPS last year was -$0.63. The consensus estimate for the next quarter is $3.94, with high estimates of $4.65 and low estimates of $3.38.
Analysts are recommending an EPS of between $10.39 and $9 for the fiscal current year, implying an average EPS of $9.52. EPS for the following year is $11.56, with 16 analysts recommending between $14.21 and $10.
Revenue Estimates
11 analysts predict $12.4B in revenue for the current quarter. It ranges from a high estimate of $12.68B 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 8.50% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $15.13B, an increase of 6.70% less than the figure of $8.50% 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 $57.25B. In the same quarter a year ago, actual revenue was $53.72B, up 6.60% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $60.29B 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 5.30% from the average revenue estimate for this year.
