United Airlines Holdings Inc. [NASDAQ: UAL] stock went on an upward path that rose over 1.02% on Tuesday, amounting to a one-week price decrease of less than -4.34%. The company report on July 29, 2021 that United Awards Free Flights for a Year to Winners of “Your Shot to Fly” Sweepstakes.
Grand prize winners live in Bradenton, FL; Cleveland, OH; Goodyear, AZ; Oakland, CA and San Francisco, CA.
More than one million people uploaded vaccine documents to United’s app and website for their shot at winning a year of free travel anywhere in the world the airline flies, in any class of service.
Over the last 12 months, UAL stock rose by 46.03%. The one-year United Airlines Holdings Inc. stock forecast points to a potential upside of 24.25. The average equity rating for UAL stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $15.63 billion, with 323.60 million shares outstanding and 322.83 million shares in the current float. Compared to the average trading volume of 12.50M shares, UAL stock reached a trading volume of 12532495 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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.
Argus have made an estimate for United Airlines Holdings Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 13, 2021. The new note on the price target was released on July 12, 2021, representing the official price target for United Airlines Holdings Inc. stock.
The Average True Range (ATR) for United Airlines Holdings Inc. is set at 1.89, with the Price to Sales ratio for UAL stock in the period of the last 12 months amounting to 1.07. The Price to Book ratio for the last quarter was 3.07, with the Price to Cash per share for the same quarter was set at 62.73.
UAL Stock Performance Analysis:
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 -4.34. With this latest performance, UAL shares dropped by -11.81% in over the last four-week period, additionally plugging by 13.98% over the last 6 months – not to mention a rise of 46.03% 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 39.53, with the RSI for the last a single of trading hit 39.63, and the three-weeks RSI is set at 40.01 for United Airlines Holdings Inc. [UAL]. The present Moving Average for the last 50 days of trading for this stock 52.66, while it was recorded at 47.39 for the last single week of trading, and 48.93 for the last 200 days.
Insight into United Airlines Holdings Inc. 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 1.30 and a Current Ratio set at 1.40.
United Airlines Holdings Inc. [UAL] Insider Position Details
There are presently around $9,424 million, or 64.20% 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 $1.28 billion in UAL stocks shares; and BLACKROCK INC., currently with $793.93 million in UAL stock with ownership of nearly 9.862% of the company’s market capitalization.
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 294 institutional holders increased their position in United Airlines Holdings Inc. [NASDAQ:UAL] by around 26,574,083 shares. Additionally, 252 investors decreased positions by around 22,189,163 shares, while 111 investors held positions by with 153,729,911 shares. The mentioned changes placed institutional holdings at 202,493,157 shares, according to the latest SEC report filing. UAL stock had 102 new institutional investments in for a total of 4,542,040 shares, while 86 institutional investors sold positions of 5,643,481 shares during the same period.