The price-to-earnings ratio for United Airlines Holdings Inc (NASDAQ: UAL) is above average at 4.56x. The 36-month beta value for UAL is also noteworthy at 1.51. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for UAL is $58.11, which is $18.83 above than the current price. The public float for UAL is 326.50M, and at present, short sellers hold a 5.94% of that float. The average trading volume of UAL on November 17, 2023 was 7.22M shares.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

UAL) stock’s latest price update

The stock of United Airlines Holdings Inc (NASDAQ: UAL) has decreased by -1.65 when compared to last closing price of 39.94. Despite this, the company has experienced a 5.25% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-15 that Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

UAL’s Market Performance

UAL’s stock has risen by 5.25% in the past week, with a monthly rise of 8.39% and a quarterly drop of -20.00%. The volatility ratio for the week is 2.63% while the volatility levels for the last 30 days are 2.95% for United Airlines Holdings Inc The simple moving average for the past 20 days is 7.94% for UAL’s stock, with a -16.35% simple moving average for the past 200 days.

Analysts’ Opinion of UAL

Many brokerage firms have already submitted their reports for UAL stocks, with Redburn repeating the rating for UAL by listing it as a “Buy.” The predicted price for UAL in the upcoming period, according to Redburn is $80 based on the research report published on August 07, 2023 of the current year 2023.

UAL Trading at -2.32% from the 50-Day Moving Average

After a stumble in the market that brought UAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.54% of loss for the given period.

Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +9.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.62% lower at present.

During the last 5 trading sessions, UAL rose by +5.25%, which changed the moving average for the period of 200-days by -21.78% in comparison to the 20-day moving average, which settled at $36.55. In addition, United Airlines Holdings Inc saw 4.19% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at UAL starting from KENNEDY JAMES A C, who purchase 1,500 shares at the price of $36.67 back on Nov 07. After this action, KENNEDY JAMES A C now owns 29,363 shares of United Airlines Holdings Inc, valued at $55,005 using the latest closing price.

KENNEDY JAMES A C, the Director of United Airlines Holdings Inc, purchase 4,500 shares at $36.43 during a trade that took place back on Nov 06, which means that KENNEDY JAMES A C is holding 27,863 shares at $163,922 based on the most recent closing price.

Stock Fundamentals for UAL

Current profitability levels for the company are sitting at:

The net margin for United Airlines Holdings Inc stands at +1.64. The total capital return value is set at 5.49, while invested capital returns managed to touch 1.79. Equity return is now at value 41.61, with 4.03 for asset returns.

Based on United Airlines Holdings Inc (UAL), the company’s capital structure generated 540.89 points at debt to equity in total, while total debt to capital is 84.40. Total debt to assets is 49.91, with long-term debt to equity ratio resting at 488.70. Finally, the long-term debt to capital ratio is 76.25.

When we switch over and look at the enterprise to sales, we see a ratio of 0.65, with the company’s debt to enterprise value settled at 1.12. The receivables turnover for the company is 25.96 and the total asset turnover is 0.60. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.

Conclusion

In summary, United Airlines Holdings Inc (UAL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.