United Airlines (NASDAQ:UAL) Price Target Lowered to $90.00 at Susquehanna

United Airlines (NASDAQ:UAL) had its price objective decreased by Susquehanna from $130.00 to $90.00 in a research report released on Monday,Benzinga reports. Susquehanna currently has a positive rating on the transportation company’s stock.

A number of other equities research analysts have also recently issued reports on the company. UBS Group cut United Airlines from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $107.00 to $59.00 in a research note on Monday. Morgan Stanley upped their price target on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Jefferies Financial Group reduced their price objective on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. TD Cowen increased their target price on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Raymond James cut United Airlines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Airlines presently has an average rating of “Moderate Buy” and a consensus target price of $102.15.

United Airlines Stock Up 26.1 %

United Airlines stock opened at $70.83 on Monday. The firm has a 50 day moving average price of $84.90 and a 200-day moving average price of $87.08. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99. United Airlines has a twelve month low of $37.02 and a twelve month high of $116.00. The company has a market capitalization of $23.19 billion, a P/E ratio of 7.51, a P/E/G ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating the consensus estimate of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. United Airlines’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.00 earnings per share. As a group, equities analysts predict that United Airlines will post 12.96 EPS for the current year.

Institutional Investors Weigh In On United Airlines

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Moody National Bank Trust Division grew its stake in United Airlines by 2.1% in the 4th quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after buying an additional 98 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in shares of United Airlines by 2.2% during the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after acquiring an additional 101 shares during the last quarter. Wahed Invest LLC grew its position in United Airlines by 5.4% in the fourth quarter. Wahed Invest LLC now owns 2,106 shares of the transportation company’s stock worth $204,000 after acquiring an additional 108 shares in the last quarter. Metis Global Partners LLC raised its position in United Airlines by 2.0% during the fourth quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock valued at $631,000 after purchasing an additional 129 shares in the last quarter. Finally, Hemington Wealth Management raised its position in United Airlines by 70.8% during the fourth quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

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.