United Airlines Holdings Inc (NASDAQ:UAL) currently has a daily average trading volume of 7.66M but it saw 37020776 shares traded in last market. With a market cap of 23.68B USD, the company’s current market price of $72.01 came rising about 12.44 while comparing to the previous closing price of $64.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $65.02 and as low as $33.68. In the recent trading on the day, stock has struck highest price mark of $65.195 while lowest mark touched by it was $73.65.
Taking a look at 20-day trading activity of United Airlines Holdings Inc (UAL) gives us an average price of $58.29, while its current price level is 10.76% below from 52-week high level whereas it is 113.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $49.98 while that of 200 days or SMA-200 reads an average of $47.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.18% during that period while stretching the period over a month that decreases to 3.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 87.68 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on July 17, 2024, recommending a price target of between $65 and $80 for it. Redburn Atlantic upgraded its recommendation for the stock as a “Buy” from “Neutral” on June 06, 2024 while assigning a price target of $70. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $54 and $65.
Over the week, UAL’s stock price is moving 21.18% up while it is 36.81% when we observe its performance for the past one month. Year-to-date it is 74.54% up and over the past year, the stock is showing an upside performance of 82.18%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 2 beat the consensus estimate of 1.69 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 2.89 while estimate for next year EPS is 10.3. In next quarter, company is expected to be making quarterly sales of $13.21B as analysts are expecting the sales for current fiscal year at $56.64B and seeing the company making $60.33B in sales next year. Moreover, analysts are in estimates of $14.26B for current-quarter revenue.
Currently, United Airlines Holdings Inc’s total number of outstanding shares is 328.02M. Company’s return on investment (ROI) stands at 6.76% and return on equity (ROE) at 27.24%. It has a price to earnings ratio (P/E ratio) of 8.68 while having a 6.18 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 2.25 while price to sale or P/S ratio amounts to 0.42. Its return on asset (ROA) is 3.79% on average.
