TD Cowen Issues Pessimistic Forecast for United Airlines (NASDAQ:UAL) Stock Price

United Airlines (NASDAQ:UAL) had its price target cut by research analysts at TD Cowen from $205.00 to $192.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. TD Cowen’s price target would indicate a potential upside of 69.10% from the company’s current price.

UAL has been the subject of a number of other reports. JPMorgan Chase & Co. upped their price target on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Bank of America raised their price objective on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. BMO Capital Markets boosted their price objective on shares of United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Jefferies Financial Group restated a “buy” rating and issued a $155.00 target price on shares of United Airlines in a report on Sunday, July 19th. Finally, Wells Fargo & Company increased their target price on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, United Airlines presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.74.

United Airlines Stock Up 0.3%

NASDAQ UAL traded up $0.37 during trading on Monday, reaching $113.54. 677,756 shares of the company’s stock were exchanged, compared to its average volume of 6,073,365. The stock has a market cap of $36.85 billion, a P/E ratio of 10.63, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The company has a 50 day moving average price of $124.00 and a two-hundred day moving average price of $108.55. United Airlines has a 1 year low of $84.64 and a 1 year high of $138.77.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same period in the prior year, the firm posted $3.87 EPS. The business’s quarterly revenue was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts anticipate that United Airlines will post 10.38 EPS for the current fiscal year.

Insider Activity at United Airlines

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the sale, the executive vice president owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J Scott Kirby sold 159,321 shares of the stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares of the company’s stock, valued at $94,186,310.55. This trade represents a 16.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 306,010 shares of company stock worth $35,949,843 in the last three months. Company insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On United Airlines

Large investors have recently modified their holdings of the stock. Root Financial Partners LLC grew its holdings in United Airlines by 5.3% in the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after buying an additional 93 shares during the last quarter. AXA S.A. lifted its holdings in shares of United Airlines by 0.8% during the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after buying an additional 121 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in shares of United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 125 shares during the period. Fielder Capital Group LLC boosted its position in shares of United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock valued at $276,000 after acquiring an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in shares of United Airlines by 3.7% in the first quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock worth $360,000 after acquiring an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Company Profile

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.