The stock of United Airlines Holdings Inc (UAL) has seen a 5.01% increase in the past week, with a 14.05% gain in the past month, and a -19.04% decrease in the past quarter. The volatility ratio for the week is 2.35%, and the volatility levels for the past 30 days are at 2.81% for UAL. The simple moving average for the last 20 days is 8.79% for UAL’s stock, with a simple moving average of -14.56% for the last 200 days.
Is It Worth Investing in United Airlines Holdings Inc (NASDAQ: UAL) Right Now?
United Airlines Holdings Inc (NASDAQ: UAL) has a higher price-to-earnings ratio of 4.64x compared to its average ratio,, and the 36-month beta value for UAL is at 1.50. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price suggested by analysts for UAL is $58.11, which is $18.09 above the current market price. The public float for UAL is 326.45M, and currently, shorts hold a 5.94% of that float. The average trading volume for UAL on November 21, 2023 was 7.24M shares.
UAL) stock’s latest price update
United Airlines Holdings Inc (NASDAQ: UAL)’s stock price has soared by 0.65 in relation to previous closing price of 39.76. Nevertheless, the company has seen a gain of 5.01% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-20 that As Thanksgiving approaches, airlines are well-prepared to accommodate record passenger numbers, enhancing the travel experience while keeping costs manageable.
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 0.32% 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 -31.27% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 2.35%, as shares surge +13.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.08% lower at present.
During the last 5 trading sessions, UAL rose by +5.01%, which changed the moving average for the period of 200-days by -21.71% in comparison to the 20-day moving average, which settled at $37.02. In addition, United Airlines Holdings Inc saw 6.15% in overturn over a single year, with a tendency to cut further gains.
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:
- +5.51 for the present operating margin
- +8.92 for the gross margin
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.
In conclusion, United Airlines Holdings Inc (UAL) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.