Stocks of United Airlines Holdings Inc (NASDAQ:UAL) traded higher last session on Wall Street, up 1.94% to $105.00.
UAL stock price is now 6.83% away from the 50-day moving average and 63.60% away from the 200-day moving average. The market capitalization of the company currently stands at $34.53B.
With the price target enhanced from $142 to $165, TD Cowen maintained Buy rating for United Airlines Holdings Inc (NASDAQ: UAL). , while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Jojo Linda P, EVP & Chief Customer Officer sold 60,000 shares of the company’s stock on Nov 22 ’24. The stock was sold for $5,707,500 at an average price of $95.12. Upon completion of the transaction, the EVP & Chief Customer Officer now directly owns 63,599 shares in the company, valued at $6.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Officer Jojo Linda P bought 60,000 shares of the business’s stock. A total of $5,635,800 was incurred on buying the stock at an average price of $93.93. A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, United Airlines Holdings Inc has had a low of $37.02 and a high of $116.00. As of last week, the company has a debt-to-equity ratio of 2.65, a current ratio of 0.81, and a quick ratio of 0.74. According to the stock market information, the enterprise value for the company is $55542366208, which is based on a 11.13 price-to-earnings ratio, a 0.74 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for UAL is $98.2858 and a two-hundred day moving average price translates $64.1795 for the stock.
The latest earnings results from United Airlines Holdings Inc (NASDAQ: UAL) was released for 2024-09-30. The net profit margin was 5.52% and return on equity was 28.63% for UAL. The company reported revenue of $14.84 billion for the quarter, compared to $14.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.48 percent.
