United Continental Holdings Inc. (NYSE:UAL) – Research analysts at Imperial Capital decreased their Q1 2017 EPS estimates for shares of United Continental Holdings in a research note issued on Tuesday. Imperial Capital analyst M. Derchin now expects that the firm will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.37. Imperial Capital currently has a “In-Line” rating and a $76.00 target price on the stock. Imperial Capital also issued estimates for United Continental Holdings’ Q2 2017 earnings at $1.89 EPS, Q4 2017 earnings at $1.32 EPS and FY2017 earnings at $6.25 EPS.
Several other brokerages have also weighed in on UAL. Standpoint Research initiated coverage on United Continental Holdings in a research report on Thursday, August 25th. They issued a “buy” rating and a $70.00 price objective for the company. Vetr upgraded United Continental Holdings from a “hold” rating to a “strong-buy” rating and set a $56.33 price objective for the company in a research report on Monday, August 29th. Cowen and Company reiterated an “outperform” rating on shares of United Continental Holdings in a research report on Thursday, August 11th. Morgan Stanley reiterated a “buy” rating and issued a $57.00 price objective on shares of United Continental Holdings in a research report on Sunday, August 21st. Finally, Raymond James Financial Inc. upgraded United Continental Holdings from a “market perform” rating to an “outperform” rating and set a $65.00 price objective for the company in a research report on Tuesday, August 30th. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. United Continental Holdings presently has a consensus rating of “Buy” and a consensus price target of $64.44.
United Continental Holdings (NYSE:UAL) traded up 0.06% on Friday, hitting $69.92. The stock had a trading volume of 1,043,357 shares. The firm’s 50-day moving average is $58.18 and its 200-day moving average is $49.67. United Continental Holdings has a 52-week low of $37.41 and a 52-week high of $70.18. The company has a market cap of $22.18 billion, a P/E ratio of 8.93 and a beta of 0.63.
United Continental Holdings (NYSE:UAL) last released its quarterly earnings results on Monday, October 17th. The company reported $3.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.88 by $0.23. The firm earned $9.91 billion during the quarter, compared to analyst estimates of $9.89 billion. United Continental Holdings had a return on equity of 39.10% and a net margin of 7.36%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $4.53 EPS.
In other news, VP Chris Kenny sold 3,824 shares of United Continental Holdings stock in a transaction dated Thursday, November 17th. The stock was sold at an average price of $67.39, for a total transaction of $257,699.36. Following the sale, the vice president now owns 10,179 shares in the company, valued at $685,962.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew C. Levy bought 15,000 shares of the business’s stock in a transaction dated Friday, September 2nd. The shares were purchased at an average price of $50.96 per share, for a total transaction of $764,400.00. Following the transaction, the chief financial officer now directly owns 20,791 shares of the company’s stock, valued at approximately $1,059,509.36. The disclosure for this purchase can be found here. 0.39% of the stock is owned by company insiders.
Several hedge funds have recently bought and sold shares of UAL. IFP Advisors Inc boosted its stake in United Continental Holdings by 19.6% in the second quarter. IFP Advisors Inc now owns 2,551 shares of the company’s stock worth $105,000 after buying an additional 418 shares during the period. Point72 Asia Hong Kong Ltd bought a new position in United Continental Holdings during the second quarter worth about $107,000. Itau Unibanco Holding S.A. bought a new position in United Continental Holdings during the third quarter worth about $113,000. Global X Management Co. LLC raised its position in United Continental Holdings by 134.3% in the third quarter. Global X Management Co. LLC now owns 2,631 shares of the company’s stock worth $138,000 after buying an additional 1,508 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in United Continental Holdings by 92.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,546 shares of the company’s stock worth $145,000 after buying an additional 1,700 shares in the last quarter. Institutional investors and hedge funds own 94.26% of the company’s stock.
About United Continental Holdings