United Airlines Holdings Inc (NASDAQ: UAL) is -13.25% lower on its value in year-to-date trading and has touched a low of $37.02 and a high of $116.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UAL stock was last observed hovering at around $80.35 in the last trading session, with the day’s gains setting it 3.88%.
Currently trading at $84.23, the stock is 7.09% and 16.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.83 million and changing 4.83% at the moment leaves the stock 6.08% off its SMA200. UAL registered 60.93% gain for a year compared to 6-month loss of -12.07%. The firm has a 50-day simple moving average (SMA 50) of $72.279 and a 200-day simple moving average (SMA200) of $79.3991.
The stock witnessed a 11.79% gain in the last 1 month and extending the period to 3 months gives it a 1.63%, and is 6.02% up 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 2.70% over the week and 2.93% over the month.
United Airlines Holdings Inc (UAL) has around 107300 employees, a market worth around $27.51B and $57.74B in sales. Current P/E ratio is 7.68 and Fwd P/E is 6.83. Profit margin for the company is 6.34%. Distance from 52-week low is 127.53% and -27.39% from its 52-week high. The company has generated returns on investments over the last 12 months (8.76%).
The EPS is expected to shrink by -1.88% this year.
United Airlines Holdings Inc (UAL) Top Institutional Holders
1140.0 institutions hold shares in United Airlines Holdings Inc (UAL), with institutional investors hold 89.54% of the company’s shares. The shares outstanding are 327.49M, and float is at 324.47M with Short Float at 4.53%. Institutions hold 89.06% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.21 million shares valued at $1.76 billion. The investor’s holdings represent 11.0143% of the UAL Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 23.73 million shares valued at $1.15 billion to account for 7.217 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 18.66 million shares representing 5.6737% and valued at over $907.65 million, while BLACKROCK INC. holds 5.4658 of the shares totaling 17.97 million with a market value of $874.5 million.
United Airlines Holdings Inc (UAL) Insider Activity
United Airlines Holdings Inc disclosed in a document filed with the SEC on Nov 22 ’24 that Jojo Linda P (EVP & Chief Customer Officer) sold a total of 60,000 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $95.12 per share for $5.71 million. Following the transaction, the insider now directly holds 63599.0 shares of the UAL stock.
Still, SEC filings show that on Nov 22 ’24, Jojo Linda P (Officer) Proposed Sale 60,000 shares at an average price of $93.93 for $5.64 million. The insider now directly holds shares of United Airlines Holdings Inc (UAL).
