Shares of United Continental Holdings, Inc. (NYSE:UAL) have received a consensus recommendation of “Hold” from the twenty ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $87.81.
A number of research firms have issued reports on UAL. Sanford C. Bernstein reissued a “hold” rating on shares of United Continental Holdings in a research report on Monday. ValuEngine raised United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. BidaskClub downgraded United Continental Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Buckingham Research reissued a “buy” rating and issued a $97.00 target price on shares of United Continental Holdings in a research report on Saturday, July 22nd. Finally, Morgan Stanley raised their target price on United Continental Holdings from $79.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 20th.
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United Continental Holdings (UAL) traded down 1.08% on Friday, hitting $67.06. The company had a trading volume of 3,533,111 shares. The stock has a market capitalization of $20.40 billion, a PE ratio of 9.27 and a beta of 1.03. The stock has a 50 day moving average of $74.62 and a 200-day moving average of $73.92. United Continental Holdings has a one year low of $46.53 and a one year high of $83.04.
United Continental Holdings (NYSE:UAL) last released its earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.31 by $0.44. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period last year, the business posted $2.61 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts anticipate that United Continental Holdings will post $7.83 EPS for the current year.
In related news, EVP Gregory L. Hart sold 3,000 shares of United Continental Holdings stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $76.83, for a total transaction of $230,490.00. Following the completion of the sale, the executive vice president now owns 28,369 shares of the company’s stock, valued at $2,179,590.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by company insiders.
A number of large investors have recently bought and sold shares of the stock. Westwood Management Corp IL raised its stake in United Continental Holdings by 0.8% in the first quarter. Westwood Management Corp IL now owns 372,200 shares of the transportation company’s stock valued at $26,292,000 after buying an additional 2,850 shares in the last quarter. Retirement Systems of Alabama raised its stake in United Continental Holdings by 1.1% in the first quarter. Retirement Systems of Alabama now owns 138,395 shares of the transportation company’s stock valued at $9,776,000 after buying an additional 1,544 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in United Continental Holdings during the first quarter valued at about $411,000. Quantitative Systematic Strategies LLC raised its stake in United Continental Holdings by 86.5% in the first quarter. Quantitative Systematic Strategies LLC now owns 33,874 shares of the transportation company’s stock valued at $2,393,000 after buying an additional 15,715 shares in the last quarter. Finally, Palisade Capital Management LLC NJ acquired a new stake in United Continental Holdings during the first quarter valued at about $212,000. 98.51% of the stock is owned by institutional investors.
United Continental Holdings Company Profile
United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.
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