United Airlines Holdings Inc. (NASDAQ: UAL) is -4.62% lower on its value in year-to-date trading and has touched a low of $17.80 and a high of $82.72 in the current 52-week trading range. The UAL stock was last observed hovering at around $41.25 in the last trading session, with the day’s gains setting it 0.21% off its average median price target of $48.00 for the next 12 months. It is also 33.13% off the consensus price target high of $62.00 offered by 22 analysts, but current levels are -29.56% lower than the price target low of $32.00 for the same period.
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Currently trading at $41.46, the stock is -4.55% and -6.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.56 million and changing 0.51% at the moment leaves the stock 15.08% off its SMA200. UAL registered -46.86% loss for a year compared to 6-month gain of 27.24%. The firm has a 50-day simple moving average (SMA 50) of $44.51 and a 200-day simple moving average (SMA200) of $38.42.
The stock witnessed a -6.48% loss in the last 1 month and extending the period to 3 months gives it a 8.52%, and is -7.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.30% over the week and 3.30% over the month.
United Airlines Holdings Inc. (UAL) has around 87887 employees, a market worth around $13.00B and $15.36B in sales. Fwd P/E is 11.51. Profit margin for the company is -10.80%. Distance from 52-week low is 132.92% and -49.88% from its 52-week high. The company has generated returns on investments over the last 12 months (12.90%).
United Airlines Holdings Inc. (UAL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for United Airlines Holdings Inc. (UAL) is a “Hold”. 22 analysts offering their recommendations for the stock have an average rating of 2.70, where 8 rate it as a Hold and 2 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.
United Airlines Holdings Inc. is expected to release its quarterly report on 04/20/2021 and quarterly earnings per share for the current quarter are estimated at -$6.86 with sales reaching $3.27B over the same period.The EPS is expected to grow by 51.30% this year, but quarterly earnings will post 51.00% year-over-year. Quarterly sales are estimated to shrink -59.00% in year-over-year returns.
United Airlines Holdings Inc. (UAL) Top Institutional Holders
651 institutions hold shares in United Airlines Holdings Inc. (UAL), with 711.01k shares held by insiders accounting for 0.23% while institutional investors hold 62.26% of the company’s shares. The shares outstanding are 311.84M, and float is at 296.18M with Short Float at 4.64%. Institutions hold 62.12% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 29.37 million shares valued at $1.02 billion. The investor’s holdings represent 11.01% of the UAL Shares outstanding. As of Sep 29, 2020, the second largest holder is Primecap Management Company with 29.3 million shares valued at $1.02 billion to account for 10.98% of the shares outstanding. The other top investors are Blackrock Inc. which holds 16.11 million shares representing 6.04% and valued at over $559.71 million, while State Street Corporation holds 3.30% of the shares totaling 8.81 million with a market value of $306.21 million.
United Airlines Holdings Inc. (UAL) Insider Activity
A total of 9 insider transactions have happened at United Airlines Holdings Inc. (UAL) in the last six months, with sales accounting for 8 and purchases happening 1 times. The most recent transaction is an insider purchase by HOOPER MICHELE J, the company’s Director. SEC filings show that HOOPER MICHELE J bought 1,900 shares of the company’s common stock on Dec 08 at a price of $49.00 per share for a total of $93091.0. Following the purchase, the insider now owns 3042.0 shares.
United Airlines Holdings Inc. disclosed in a document filed with the SEC on Nov 25 that Gebo Kate (EVP HR and Labor Relations) sold a total of 5,870 shares of the company’s common stock. The trade occurred on Nov 25 and was made at $45.46 per share for $0.27 million. Following the transaction, the insider now directly holds 8602.0 shares of the UAL stock.
Still, SEC filings show that on Nov 20, Jojo Linda P (EVP, Tech & Chief Digital Ofcr) disposed off 20,000 shares at an average price of $40.00 for $0.8 million. The insider now directly holds 8,743 shares of United Airlines Holdings Inc. (UAL).
United Airlines Holdings Inc. (UAL): Who are the competitors?
The company’s main competitors (and peers) include Delta Air Lines Inc. (DAL) that is trading -30.81% down over the past 12 months. Southwest Airlines Co. (LUV) is -18.56% down on the 1-year trading charts. Short interest in the company’s stock has fallen -13.45% from the last report on Nov 29, 2020 to stand at a total of 15.6 million short shares sold with a short interest ratio of 0.79.