United Airlines Holdings Inc. [UAL] Stock trading around $39.66 per share: What’s Next?

United Airlines Holdings Inc. [NASDAQ: UAL] traded at a high on 06/12/20, posting a 19.03 gain after which it closed the day’ session at $39.66. The results of the trading session contributed to over 96350406 shares changing hands. Over the past one week, the price volatility of United Airlines Holdings Inc. stands at 10.92% while the volatility over the past one month is 10.25%.

The market cap for UAL stock reached $9.68 billion, with 290.43 million shares outstanding and 289.24 million shares in the current float. Compared to the average trading volume of 50.41M shares, UAL reached a trading volume of 96350406 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about United Airlines Holdings Inc. [UAL]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UAL shares is $38.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UAL stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for United Airlines Holdings Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 12, 2020. The new note on the price target was released on June 10, 2020, representing the official price target for United Airlines Holdings Inc. stock. Previously, the target price had yet another drop from $37 to $30, while Cowen kept a Market Perform rating on UAL stock.

The Average True Range (ATR) for United Airlines Holdings Inc. is set at 4.37, with the Price to Sales ratio for UAL stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 21.40. Price to Free Cash Flow for UAL in the course of the last twelve months was 54.06 with Quick ratio for the last quarter at 0.40.

How has UAL stock performed recently?

United Airlines Holdings Inc. [UAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.47. With this latest performance, UAL shares gained by 91.50% in over the last four-week period, additionally sinking by -54.42% over the last 6 months – not to mention a drop of -54.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UAL stock in for the last two-week period is set at 58.05, with the RSI for the last a single of trading hit 57.83, and the three-weeks RSI is set at 56.40 for United Airlines Holdings Inc. [UAL]. The present Moving Average for the last 50 days of trading for this stock 28.51, while it was recorded at 41.21 for the last single week of trading, and 66.54 for the last 200 days.

United Airlines Holdings Inc. [UAL]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and United Airlines Holdings Inc. [UAL] shares currently have an operating margin of +10.47 and a Gross Margin at +14.33. United Airlines Holdings Inc.’s Net Margin is presently recorded at +6.96.

Return on Total Capital for UAL is now 15.98, given the latest momentum, and Return on Invested Capital for the company is 11.32. Return on Equity for this stock inclined to 27.96, with Return on Assets sitting at 5.77. When it comes to the capital structure of this company, United Airlines Holdings Inc. [UAL] has a Total Debt to Total Equity ratio set at 177.35. Additionally, UAL Total Debt to Total Capital is recorded at 63.94, with Total Debt to Total Assets ending up at 36.09. Long-Term Debt to Equity for the company is recorded at 158.80, with the Long-Term Debt to Total Capital now at 57.26.

Reflecting on the efficiency of the workforce at the company, United Airlines Holdings Inc. [UAL] managed to generate an average of $31,344 per employee. Receivables Turnover for the company is 31.93 with a Total Asset Turnover recorded at a value of 0.83.United Airlines Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.50.

Earnings analysis for United Airlines Holdings Inc. [UAL]

With the latest financial reports released by the company, United Airlines Holdings Inc. posted 4.21/share EPS, while the average EPS was predicted by analysts to be reported at 4.09/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for United Airlines Holdings Inc. go to -8.54%.

Insider trade positions for United Airlines Holdings Inc. [UAL]

There are presently around $8,457 million, or 74.90% of UAL stock, in the hands of institutional investors. The top three institutional holders of UAL stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 34,362,700, which is approximately -7.539% of the company’s market cap and around 0.30% of the total institutional ownership; BERKSHIRE HATHAWAY INC, holding 22,157,608 shares of the stock with an approximate value of $878.77 million in UAL stocks shares; and VANGUARD GROUP INC, currently with $804.46 million in UAL stock with ownership of nearly 0.156% of the company’s market capitalization.

273 institutional holders increased their position in United Airlines Holdings Inc. [NASDAQ:UAL] by around 13,770,430 shares. Additionally, 392 investors decreased positions by around 46,906,624 shares, while 46 investors held positions by with 152,551,575 shares. The mentioned changes placed institutional holdings at 213,228,629 shares, according to the latest SEC report filing. UAL stock had 106 new institutional investments in for a total of 3,222,141 shares, while 170 institutional investors sold positions of 7,569,837 shares during the same period.

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