Five analysts in total have estimated NASDAQ: UAL stock earnings, in which its value ranges from the highest of $3.71 billion to the lowest of $3.60 billion. United Airlines issued sales totaling $10.89 billion in a similar quarter previous year. This shows a -66.5% growth rate. The company will report its next quarterly report on Tuesday,19th January.
Zacks reported that analysts expect UAL stock to show $15.90 billion in full-year sales with estimates varying between $14.57 billion – $17.60 billion. Similarly, it is expected of the firm to issue sales totaling $26.25 billion for 2021. Zack’s calculations are based on the survey of research firms(sell-side) that surround UAL.
EPS for this quarter is at $8.16 according to the transportation company, while analysts estimated it at $7.63. UAL stock had net equity returns of – 54.29% and a net margin of – 19.85%. The Quarterly revenue is worth $2.49 billion, which is down by 78.1% when compared to the similar quarter previous year.
NASDAQ:UAL Stock Ratings
Morgan Stanley issued an “underweight” rating and lowered the target price on UAL stock from $38.00 – $37.00 on 16th October. Zachs changed their ratings from “hold” to “sell” on the UAL stock on 10th September. JPMorgan Chase changed their ratings from “neutral” to “overweight” and set the price objective to $52.00 on 7th October. Barclays changed its ratings from “ overweight” to “equal weight” and $40.00 as the price objective on 12th October. Finally, Citigroup issued ratings of “buy” and a $43.00 price objective on 10th September. Three analysts issued ratings of “sell”, ten analysts issued ratings of “hold”, Seven analysts issued ratings of “buy” while one issued a rating of “strong-buy”.The average rating is “hold” and the average price objective is $51.73.
Other Companies Stake In UAL Stock
Vanguard Group has increased its stake in UAL stock by 43% in the 2nd quarter thus owning 29,010,062 shares totaling $1,004,039,000. U S Global Inc. has increased its stake by 223.4% in the second quarter and thus has 3,295,329 shares valuing $114,051,000.Mellon Corp raised its UAL stock shares by 16.3% and has 2,409,529 shares valuing $83,393,000. FMR LLC currently has 2,212,407 shares valuing $76,571,000. Lastly, FIL Ltd is a new owner of UAL stocks in the second quarter valuing $71,848,000.Institutional investors and hedge funds currently own 60.61% of UAL stocks.
Current NASDAQ:UAL Stock Value
UAL stock started at $41.32, Tuesday, having a 3.22 debt-to-equity ratio,0.98 quick ratios, and 1.04 current ratio and a 17.80$ one year low and $93.88 one year high. The company has a $12.02 billion market cap, -2.51 P/E ratio, and 1.51 beta. Further UAL stock shows a $35.15 moving average for 50 days and $33.41 moving average for 200 days.
A little Bit About NASDAQ:UAL
The company via its subsidiaries is responsible for providing air transportation in Asia, North America, Middle-East, the Pacific, Africa, Latin America, and Europe. Using its regional fleets and mainline it transports cargo and people. It is responsible for the operation of 791 aircraft on the mainline.