United Airlines (NASDAQ:UAL) Shares Up 9.6% – Should You Buy?

United Airlines Holdings Inc (NASDAQ:UALGet Free Report) shares rose 9.6% during mid-day trading on Wednesday . The stock traded as high as $97.19 and last traded at $97.7190. Approximately 3,453,200 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 6,923,469 shares. The stock had previously closed at $89.12.

Key Stories Impacting United Airlines

Here are the key news stories impacting United Airlines this week:

Analyst Upgrades and Downgrades

UAL has been the subject of several recent analyst reports. Susquehanna set a $135.00 price target on United Airlines in a research report on Thursday, April 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a research report on Monday, April 20th. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. BMO Capital Markets lifted their price target on United Airlines from $110.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group decreased their target price on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.18.

Check Out Our Latest Stock Analysis on United Airlines

United Airlines Trading Up 10.1%

The stock has a 50-day simple moving average of $93.33 and a two-hundred day simple moving average of $101.89. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70. The firm has a market cap of $31.84 billion, a PE ratio of 8.77, a price-to-earnings-growth ratio of 0.78 and a beta of 1.20.

United Airlines (NASDAQ:UALGet Free Report) last issued its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The business had revenue of $14.61 billion during the quarter, compared to analyst estimates of $14.19 billion. During the same quarter in the previous year, the firm earned $0.91 EPS. United Airlines’s revenue was up 10.5% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. As a group, sell-side analysts anticipate that United Airlines Holdings Inc will post 9.43 EPS for the current year.

Insiders Place Their Bets

In other United Airlines news, EVP Andrew P. Nocella sold 7,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the sale, the executive vice president directly owned 215,345 shares in the company, valued at $19,421,965.55. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On United Airlines

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sanders Capital LLC increased its position in shares of United Airlines by 1.8% during the 3rd quarter. Sanders Capital LLC now owns 14,773,585 shares of the transportation company’s stock valued at $1,425,651,000 after purchasing an additional 258,670 shares during the last quarter. State Street Corp increased its position in shares of United Airlines by 0.5% during the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock valued at $1,287,071,000 after purchasing an additional 52,962 shares during the last quarter. Geode Capital Management LLC increased its position in shares of United Airlines by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock valued at $1,015,218,000 after purchasing an additional 68,565 shares during the last quarter. Capital World Investors increased its position in shares of United Airlines by 0.3% during the 4th quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after purchasing an additional 22,464 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of United Airlines by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock valued at $521,330,000 after purchasing an additional 190,017 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Company Profile

(Get Free Report)

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.

Further Reading

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