The price of United Airlines Holdings Inc (NASDAQ:UAL) shares last traded on Wall Street fell -0.17% to $96.35.
UAL stock price is now 30.08% away from the 50-day moving average and 78.84% away from the 200-day moving average. The market capitalization of the company currently stands at $31.63B.
On November 19, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $100 to quote $125, while ‘Goldman’ 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 $6.13 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 0.51% 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 $101.60. As of last week, the company has a debt-to-equity ratio of 2.92, a current ratio of 0.79, and a quick ratio of 0.72. According to the stock market information, the enterprise value for the company is $50882191360, which is based on a 11.61 price-to-earnings ratio, a 1.54 price-to-earnings-growth ratio, and a beta of 1.44. The fifty day moving average price for UAL is $73.2032 and a two-hundred day moving average price translates $53.60145 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 4.94% and return on equity was 27.24% 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.
