In the last trading session, 16.4 million shares of the United Airlines Holdings Inc (NASDAQ:UAL) were traded, and its beta was 1.47. Most recently the company’s share price was $53.94, and it changed around $2.56 or 4.98% from the last close, which brings the market valuation of the company to $17.74B. UAL currently trades at a discount to its 52-week high of $58.23, offering almost -7.95% off that amount. The share price’s 52-week low was $33.68, which indicates that the current value has risen by an impressive 37.56% since then. We note from United Airlines Holdings Inc’s average daily trading volume that its 3-month average coming to 10.36 million.
United Airlines Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.64. If we narrow it down even further, the data shows that 1 out of 18 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 11 recommended UAL as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. United Airlines Holdings Inc is expected to report earnings per share of $4 for the current quarter.
United Airlines Holdings Inc (NASDAQ:UAL) trade information
Instantly UAL has showed a green trend with a performance of 4.98% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 30.73% year-to-date, but still up 31.43% over the last five days. On the other hand, United Airlines Holdings Inc (NASDAQ:UAL) is 15.68% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $58, which translates to bulls needing to increase their stock price by 7.0% from its current value. Analyst projections state that UAL is forecast to be at a low of $33 and a high of $93.
United Airlines Holdings Inc (UAL) estimates and forecasts
United Airlines Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 49.71 percent over the past six months and at a -3.58% annual growth rate that is well above the industry average of -4.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -20.50% in revenue this quarter, and will report an increase of 4.10% in the next quarter. The year-over-year growth rate is expected to be 7.40%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of $15.23 billion in revenue for the current quarter. 10 analysts expect United Airlines Holdings Inc to make $15.47 billion in revenue for the quarter ending Sep 2024. The company’s sales for the same quarters a year ago were $14.18 billion and $14.44 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.40%. Forecasts for the next quarter put sales growth at 7.20%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.56%. United Airlines Holdings Inc earnings are expected to increase by -0.99% in 2024, but the outlook is positive 29.66% per year for the next five years.
UAL Dividends
United Airlines Holdings Inc’s next quarterly earnings report is expected to be released in May.
