The stock of United Airlines Holdings Inc (NASDAQ:UAL) last traded at $95.56, up 4.47% from the previous session.
UAL stock price is now 10.82% away from the 50-day moving average and 65.27% away from the 200-day moving average. The market capitalization of the company currently stands at $31.43B.
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On November 19, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $100 to quote $125, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Jojo Linda P, EVP & Chief Customer Officer sold 60,000 shares of the company’s stock on Nov 22 ’24. The stock was sold for $5,707,500 at an average price of $95.12. Upon completion of the transaction, the EVP & Chief Customer Officer now directly owns 63,599 shares in the company, valued at $6.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Officer Jojo Linda P bought 60,000 shares of the business’s stock. A total of $5,635,800 was incurred on buying the stock at an average price of $93.93. A total of 0.49% of the company’s stock is owned by insiders.
During the past 12 months, United Airlines Holdings Inc has had a low of $37.02 and a high of $105.09. As of last week, the company has a debt-to-equity ratio of 2.92, a current ratio of 0.79, and a quick ratio of 0.72. According to the stock market information, the enterprise value for the company is $50622382080, which is based on a 11.52 price-to-earnings ratio, a 1.29 price-to-earnings-growth ratio, and a beta of 1.45. The fifty day moving average price for UAL is $86.2316 and a two-hundred day moving average price translates $57.8215 for the stock.
The latest earnings results from United Airlines Holdings Inc (NASDAQ: UAL) was released for 2024-09-30. The net profit margin was 4.94% and return on equity was 27.24% for UAL. The company reported revenue of $14.84 billion for the quarter, compared to $14.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.48 percent.
