Today, Research Analysts Offer Predictions for United Continental Holdings Inc.’s Q1 2017 Earnings (UAL)

Today, Research Analysts Offer Predictions for United Continental Holdings Inc.’s Q1 2017 Earnings (UAL)
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.

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