United Airlines Holdings Inc [NASDAQ: UAL] price plunged by -4.57 percent to reach at -$2.38.
The one-year UAL stock forecast points to a potential upside of 29.54. The average equity rating for UAL stock is currently 1.39, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 $70.52 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 1.39. 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.
Redburn Atlantic have made an estimate for United Airlines Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price from $54 to $65. The new note on the price target was released on May 29, 2024, representing the official price target for United Airlines Holdings Inc stock. Previously, the target price had yet another raise to $76, while Wolfe Research analysts kept a Outperform rating on UAL stock.
The Average True Range (ATR) for United Airlines Holdings Inc is set at 1.79, with the Price to Sales ratio for UAL stock in the period of the last 12 months amounting to 0.30. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 42.68.
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 -6.25. With this latest performance, UAL shares dropped by -9.59% in over the last four-week period, additionally plugging by 19.50% over the last 6 months – not to mention a drop of -6.86% 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 38.87, with the RSI for the last a single of trading hit 31.34, and the three-weeks RSI is set at 44.21 for United Airlines Holdings Inc [UAL]. The present Moving Average for the last 50 days of trading for this stock 51.01, while it was recorded at 51.95 for the last single week of trading, and 44.15 for the last 200 days.
Insight into United Airlines Holdings Inc Fundamentals:
United Airlines Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 0.75.
UAL Stock EPS
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 29.66%.
United Airlines Holdings Inc [UAL] Institutonal Ownership Details
The top three institutional holders of UAL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in UAL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in UAL stock with ownership which is approximately 5.8386%.
