When is the right time to cash out of United Airlines Holdings Inc [UAL] stock?

In yesterday’s Wall Street session, United Airlines Holdings Inc (NASDAQ:UAL) shares traded at $37.99, up 1.80% from the previous session.

As of this writing, 22 analysts cover United Airlines Holdings Inc (NASDAQ:UAL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $98.00 and a low of $40.00, we find $57.00. Given the previous closing price of $37.32, this indicates a potential upside of 52.73 percent. UAL stock price is now -7.41% away from the 50-day moving average and -19.44% away from the 200-day moving average. The market capitalization of the company currently stands at $12.46B.

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There are 7 analysts who have given it a hold rating, whereas 11 have given it a buy rating. Brokers who have rated the stock have averaged $58.11 as their price target over the next twelve months.

With the price target maintained at $80, Redburn recently Upgraded its rating from Neutral to Buy for United Airlines Holdings Inc (NASDAQ: UAL).

In other news, KENNEDY JAMES A C, Director bought 1,500 shares of the company’s stock on Nov 07. The stock was bought for $55,005 at an average price of $36.67. Upon completion of the transaction, the Director now directly owns 29,363 shares in the company, valued at $1.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06, Director KENNEDY JAMES A C bought 4,500 shares of the business’s stock. A total of $163,922 was incurred on buying the stock at an average price of $36.43. This leaves the insider owning 27,863 shares of the company worth $1.06 million. Insiders disposed of 276,605 shares of company stock worth roughly $10.51 million over the past 1 year. A total of 0.46% of the company’s stock is owned by insiders.

Friday morning saw United Airlines Holdings Inc (NASDAQ: UAL) opened at $37.25. During the past 12 months, United Airlines Holdings Inc has had a low of $33.68 and a high of $58.23. As of last week, the company has a debt-to-equity ratio of 4.15, a current ratio of 0.89, and a quick ratio of 0.82. According to the stock market information, the enterprise value for the company is $30.39B, which is based on a 4.41 price-to-earnings ratio, a 0.07 price-to-earnings-growth ratio, and a beta of 1.49. The fifty day moving average price for UAL is $40.80 and a two-hundred day moving average price translates $47.10 for the stock.

The latest earnings results from United Airlines Holdings Inc (NASDAQ: UAL) was released for Sep, 2023. According to the Airlines Company, earnings per share came in at $3.65, beating analysts’ expectations of $3.35 by 0.3. This compares to $2.86 EPS in the same period last year. The net profit margin was 5.45% and return on equity was 41.61% for UAL. The company reported revenue of $14.48 billion for the quarter, compared to $12.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.48 percent. For the current quarter, analysts expect UAL to generate $13.58B in revenue.

United Airlines Holdings Inc(UAL) Company Profile

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, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

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