United Airlines (NASDAQ:UAL – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $11.50-13.50 for the period, compared to the consensus EPS estimate of $12.78. United Airlines also updated its Q1 guidance to $0.75-1.25 EPS.
United Airlines Trading Up 2.9 %
UAL traded up $3.14 during mid-day trading on Tuesday, reaching $110.52. The stock had a trading volume of 12,339,013 shares, compared to its average volume of 6,451,333. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.72 and a current ratio of 0.79. United Airlines has a 52 week low of $37.02 and a 52 week high of $110.92. The stock has a market capitalization of $36.35 billion, a P/E ratio of 13.33, a P/E/G ratio of 0.78 and a beta of 1.44. The firm’s fifty day simple moving average is $98.09 and its two-hundred day simple moving average is $69.80.
United Airlines (NASDAQ:UAL – Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.96 by $0.30. United Airlines had a net margin of 4.94% and a return on equity of 30.72%. The company had revenue of $14.70 billion during the quarter, compared to analysts’ expectations of $14.40 billion. During the same quarter in the previous year, the company earned $2.00 EPS. United Airlines’s revenue was up 7.8% on a year-over-year basis. On average, equities analysts predict that United Airlines will post 10.34 EPS for the current year.
United Airlines announced that its Board of Directors has approved a stock buyback plan on Tuesday, October 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the transportation company to reacquire up to 7.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Analyst Ratings Changes
Several brokerages have recently issued reports on UAL. Morgan Stanley boosted their price target on shares of United Airlines from $88.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Melius Research upgraded United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. JPMorgan Chase & Co. lifted their price target on shares of United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of United Airlines in a research report on Friday, November 15th. Finally, TD Cowen increased their price objective on United Airlines from $100.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, United Airlines has a consensus rating of “Buy” and a consensus target price of $106.45.
Check Out Our Latest Stock Analysis on United Airlines
Insiders Place Their Bets
In other United Airlines news, EVP Linda P. Jojo sold 60,000 shares of United Airlines stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the completion of the transaction, the executive vice president now owns 63,599 shares of the company’s stock, valued at $6,049,536.88. The trade was a 48.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 17,500 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total value of $1,407,700.00. Following the completion of the sale, the executive vice president now directly owns 40,012 shares in the company, valued at approximately $3,218,565.28. The trade was a 30.43 % decrease in their position. The disclosure for this sale can be found here. 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.
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