United Airlines Holdings Inc. [UAL] is 22.01% higher this YTD. Is it still time to buy?

United Airlines Holdings Inc. [NASDAQ: UAL] traded at a low on 07/02/21, posting a -0.58 loss after which it closed the day’ session at $52.77. The company report on June 29, 2021 that United Adds 270 Boeing and Airbus Aircraft to Fleet, Largest Order in Airline’s History and Biggest by a Single Carrier in a Decade.

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“United Next” includes addition of 200 Boeing 737 MAX and 70 Airbus A321neo as well as plans to retrofit 100% of remaining mainline, narrow-body fleet to transform the customer experience and create a new signature interior – a roughly 75% increase in premium seats per North American departure, larger overhead bins, seatback entertainment in every seat and industry’s fastest available WiFi;.

United will increase the total number of available seats across its domestic network by almost 30% per departure and replace at least 200 single-class regional jets with larger mainline aircraft;.

The results of the trading session contributed to over 9219856 shares changing hands. Over the past one week, the price volatility of United Airlines Holdings Inc. stands at 2.36% while the volatility over the past one month is 2.44%.

The market cap for UAL stock reached $17.18 billion, with 323.58 million shares outstanding and 322.70 million shares in the current float. Compared to the average trading volume of 13.08M shares, UAL reached a trading volume of 9219856 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 $61.44 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 2.50. 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.

Wolfe Research have made an estimate for United Airlines Holdings Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on June 18, 2021. While these analysts kept the previous recommendation, MKM Partners raised their target price to Neutral. The new note on the price target was released on June 10, 2021, representing the official price target for United Airlines Holdings Inc. stock. Previously, the target price had yet another raise to $66, while Argus analysts kept a Buy rating on UAL stock. On April 06, 2021, analysts increased their price target for UAL shares from 37 to 65.

The Average True Range (ATR) for United Airlines Holdings Inc. is set at 1.42, with the Price to Sales ratio for UAL stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 3.21, with the Price to Cash per share for the same quarter was set at 39.86.

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 -2.06. With this latest performance, UAL shares dropped by -8.59% in over the last four-week period, additionally plugging by 22.01% over the last 6 months – not to mention a rise of 54.57% 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 39.09, with the RSI for the last a single of trading hit 35.38, and the three-weeks RSI is set at 42.56 for United Airlines Holdings Inc. [UAL]. The present Moving Average for the last 50 days of trading for this stock 55.12, while it was recorded at 52.56 for the last single week of trading, and 47.58 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 -62.19 and a Gross Margin at -55.46. United Airlines Holdings Inc.’s Net Margin is presently recorded at -46.04.

Return on Total Capital for UAL is now -26.59, given the latest momentum, and Return on Invested Capital for the company is -21.11. Return on Equity for this stock declined to -80.83, with Return on Assets sitting at -11.52. 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 568.64. Additionally, UAL Total Debt to Total Capital is recorded at 85.04, with Total Debt to Total Assets ending up at 51.33. Long-Term Debt to Equity for the company is recorded at 523.26, with the Long-Term Debt to Total Capital now at 78.26.

Reflecting on the efficiency of the workforce at the company, United Airlines Holdings Inc. [UAL] managed to generate an average of -$95,013 per employee. Receivables Turnover for the company is 11.55 with a Total Asset Turnover recorded at a value of 0.25.United Airlines Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

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

There are presently around $10,675 million, or 64.40% of UAL stock, in the hands of institutional investors. The top three institutional holders of UAL stocks are: VANGUARD GROUP INC with ownership of 32,206,155, which is approximately 7.43% of the company’s market cap and around 0.20% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 27,419,431 shares of the stock with an approximate value of $1.45 billion in UAL stocks shares; and BLACKROCK INC., currently with $900.21 million in UAL stock with ownership of nearly 9.862% of the company’s market capitalization.

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Positions in United Airlines Holdings Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 305 institutional holders increased their position in United Airlines Holdings Inc. [NASDAQ:UAL] by around 26,476,086 shares. Additionally, 239 investors decreased positions by around 22,053,362 shares, while 109 investors held positions by with 153,762,440 shares. The mentioned changes placed institutional holdings at 202,291,888 shares, according to the latest SEC report filing. UAL stock had 112 new institutional investments in for a total of 4,399,736 shares, while 82 institutional investors sold positions of 5,509,614 shares during the same period.

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