At the time of writing, United Airlines Holdings Inc [UAL] stock is trading at $104.71, down -2.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The UAL shares have gain 9.45% over the last week, with a monthly amount glided 8.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on November 19, 2024, and elevated its price target to $125. TD Cowen reiterated its Buy rating and increased its price target to $100 on October 17, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $80 on July 17, 2024. Redburn Atlantic upgraded its rating to Buy for this stock on June 06, 2024, but kept the price target unchanged to $70. In a note dated May 29, 2024, Jefferies upgraded an Buy rating on this stock and boosted its target price from $54 to $65.
For the past year, the stock price of United Airlines Holdings Inc fluctuated between $37.02 and $110.92. Currently, Wall Street analysts expect the stock to reach $89.89 within the next 12 months. United Airlines Holdings Inc [NASDAQ: UAL] shares were valued at $104.71 at the most recent close of the market. An investor can expect a potential drop of -14.15% based on the average UAL price forecast.
Analyzing the UAL fundamentals
According to United Airlines Holdings Inc [NASDAQ:UAL], the company’s sales were 55.99B for trailing twelve months, which represents an 2.48% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.27 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 102.88 points at the first support level, and at 101.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.83, and for the 2nd resistance point, it is at 106.96.
Ratios To Look Out For
It is important to note that United Airlines Holdings Inc [NASDAQ:UAL] has a current ratio of 0.79. On the other hand, the Quick Ratio is 0.72, and the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 3.01 and price to earnings (TTM) ratio is 12.62.
Transactions by insiders
Recent insider trading involved Jojo Linda P, EVP & Chief Customer Officer, that happened on Nov 22 ’24 when 60000.0 shares were sold. Officer, Jojo Linda P completed a deal on Nov 22 ’24 to buy 60000.0 shares. Meanwhile, EVP HR and Labor Relations Gebo Kate sold 17500.0 shares on Nov 01 ’24.
