Q2 2024 EPS Estimates for United Airlines Holdings, Inc. (NASDAQ:UAL) Increased by Analyst

United Airlines Holdings, Inc. (NASDAQ:UAL) – Analysts at Zacks Research increased their Q2 2024 earnings estimates for shares of United Airlines in a research note issued to investors on Wednesday, May 1st. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $3.93 per share for the quarter, up from their prior estimate of $3.91. The consensus estimate for United Airlines’ current full-year earnings is $9.91 per share. Zacks Research also issued estimates for United Airlines’ Q2 2025 earnings at $4.07 EPS, Q1 2026 earnings at $0.62 EPS and FY2026 earnings at $12.89 EPS.

UAL has been the topic of a number of other research reports. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. Bank of America raised their price target on United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. UBS Group assumed coverage on shares of United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price objective for the company. Susquehanna boosted their price objective on shares of United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, April 18th. Finally, Redburn Atlantic cut United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Tuesday, February 13th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, United Airlines presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.53.

United Airlines Stock Down 0.1 %

Shares of NASDAQ UAL opened at $51.65 on Friday. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. The firm has a 50-day simple moving average of $46.32 and a two-hundred day simple moving average of $42.33. United Airlines has a 1 year low of $33.68 and a 1 year high of $58.23. The company has a market cap of $16.98 billion, a P/E ratio of 6.38, a PEG ratio of 0.51 and a beta of 1.49.

Institutional Trading of United Airlines

Several institutional investors and hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC increased its holdings in shares of United Airlines by 0.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 149,580 shares of the transportation company’s stock valued at $6,327,000 after purchasing an additional 746 shares in the last quarter. Xponance Inc. lifted its holdings in United Airlines by 2.8% during the third quarter. Xponance Inc. now owns 43,363 shares of the transportation company’s stock valued at $1,834,000 after purchasing an additional 1,199 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in United Airlines by 54.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 61,228 shares of the transportation company’s stock valued at $2,590,000 after buying an additional 21,599 shares in the last quarter. 1834 Investment Advisors Co. purchased a new position in shares of United Airlines in the third quarter valued at approximately $236,000. Finally, Independent Advisor Alliance raised its stake in United Airlines by 28.7% in the 3rd quarter. Independent Advisor Alliance now owns 6,176 shares of the transportation company’s stock valued at $261,000 after purchasing an additional 1,378 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the transaction, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.63% of the company’s stock.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.