United Airlines Holdings Inc [UAL] stock Reiterated by TD Cowen analyst, price target now $80

United Airlines Holdings Inc [NASDAQ: UAL] closed the trading session at $44.04.

The stocks have a year to date performance of 6.74 percent and weekly performance of 1.66 percent. The stock has been moved at -1.78 percent over the last six months. The stock has performed 3.92 percent around the most recent 30 days and changed -16.89 percent over the most recent 3-months.

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If compared to the average trading volume of 7.11M shares, UAL reached to a volume of 6618479 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $71.75 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 1.35. 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.

TD Cowen have made an estimate for United Airlines Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 17, 2024. The new note on the price target was released on June 06, 2024, representing the official price target for United Airlines Holdings Inc stock. Previously, the target price had yet another raise from $54 to $65, while Jefferies kept a Buy rating on UAL stock.

The Average True Range (ATR) for United Airlines Holdings Inc is set at 1.50, with the Price to Sales ratio for UAL stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 1.38, with the Price to Cash per share for the same quarter was set at 46.46.

UAL stock trade performance evaluation

United Airlines Holdings Inc [UAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.66. With this latest performance, UAL shares gained by 3.92% in over the last four-week period, additionally sinking by -1.78% over the last 6 months – not to mention a drop of -12.10% 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 54.26, with the RSI for the last a single of trading hit 60.10, and the three-weeks RSI is set at 50.78 for United Airlines Holdings Inc [UAL]. The present Moving Average for the last 50 days of trading for this stock 44.66, while it was recorded at 42.59 for the last single week of trading, and 45.17 for the last 200 days.

United Airlines Holdings Inc [UAL]: An insightful look at the core fundamentals

United Airlines Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.71 and a Current Ratio set at 0.77.

Earnings per share (EPS) analysis for United Airlines Holdings Inc [UAL] stock

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 26.52%.

United Airlines Holdings Inc [UAL]: Institutional Ownership

There are presently around $79.26%, or 79.64%% of UAL stock, in the hands of institutional investors. The top three institutional holders of UAL stocks are: VANGUARD GROUP INC with ownership of 36.21 million shares, which is approximately 11.031%. PRIMECAP MANAGEMENT CO/CA/, holding 23.73 million shares of the stock with an approximate value of $$1.15 billion in UAL stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $$907.65 million in UAL stock with ownership which is approximately 5.6824%.

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