United Airlines (NASDAQ:UAL – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $11.50-13.50 for the period, compared to the consensus estimate of $12.78. United Airlines also updated its FY 2025 guidance to 11.500-13.500 EPS.
Analyst Upgrades and Downgrades
UAL has been the subject of a number of research analyst reports. Sanford C. Bernstein upped their price objective on shares of United Airlines from $68.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Barclays increased their target price on United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Susquehanna boosted their target price on United Airlines from $85.00 to $120.00 and gave the stock a “positive” rating in a research report on Tuesday, January 7th. Melius Research raised United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Finally, JPMorgan Chase & Co. upped their price objective on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, United Airlines presently has a consensus rating of “Buy” and a consensus target price of $106.45.
Check Out Our Latest Stock Analysis on UAL
United Airlines Price Performance
United Airlines (NASDAQ:UAL – Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.96 by $0.30. The firm had revenue of $14.70 billion for the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 34.03%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 EPS. As a group, equities research analysts forecast that United Airlines will post 12.56 EPS for the current fiscal year.
United Airlines announced that its Board of Directors has initiated a share repurchase program on Tuesday, October 15th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the transportation company to reacquire up to 7.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.
Insider Activity at United Airlines
In other United Airlines news, EVP Kate Gebo sold 17,500 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total value of $1,407,700.00. Following the transaction, the executive vice president now directly owns 40,012 shares of the company’s stock, valued at $3,218,565.28. This trade represents a 30.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Linda P. Jojo sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the sale, the executive vice president now directly owns 63,599 shares of the company’s stock, valued at approximately $6,049,536.88. This trade represents a 48.54 % decrease in their position. The disclosure for this sale can be found here. 0.63% of the stock is owned by company insiders.
United Airlines Company Profile
United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.
Recommended Stories
- Five stocks we like better than United Airlines
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Palantir Technologies: Another Stellar Year Ahead for the Stock?
- How to Invest in Biotech Stocks
- 2 ETFs to Maximize Gains With Covered Call Strategies
- Best Stocks Under $5.00
- 3 Small-Cap Stocks Insiders and Institutions Are Buying
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.