United Airlines Holdings Inc. (NASDAQ: UAL) on May 22, 2023, started off the session at the price of $47.74, plunging -0.27% from the previous trading day. During the day, the shares moved up to $48.105 and dropped to $46.62 before settling in for the closing price of $47.54. Within the past 52 weeks, UAL’s price has moved between $31.58 and $55.04.
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Annual sales at Industrials sector company grew by 3.50% over the past five years. The company achieved an average annual earnings per share of 136.60%. With a float of $325.89 million, this company’s outstanding shares have now reached $327.40 million.
Let’s look at the performance matrix of the company that is accounted for 96300 employees. In terms of profitability, gross margin is +8.92, operating margin of +5.51, and the pretax margin is +2.20.
United Airlines Holdings Inc. (UAL) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of United Airlines Holdings Inc. is 0.30%, while institutional ownership is 60.70%. The most recent insider transaction that took place on Mar 15, was worth 1,064,648. In this transaction Director of this company bought 25,000 shares at a rate of $42.59, taking the stock ownership to the 200,000 shares. Before that another transaction happened on Feb 10, when Company’s Vice President & Controller sold 16,000 for $48.94, making the entire transaction worth $783,070. This insider now owns 8,132 shares in total.
United Airlines Holdings Inc. (UAL) Performance Highlights and Predictions
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.63 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.73) by $0.1. This company achieved a net margin of +1.64 while generating a return on equity of 12.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 136.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 59.44% during the next five years compared to -19.10% drop over the previous five years of trading.
United Airlines Holdings Inc. (NASDAQ: UAL) Trading Performance Indicators
United Airlines Holdings Inc. (UAL) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 10.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.73, a number that is poised to hit 3.78 in the next quarter and is forecasted to reach 10.70 in one year’s time.
Technical Analysis of United Airlines Holdings Inc. (UAL)
United Airlines Holdings Inc. (NASDAQ: UAL) saw its 5-day average volume 7.29 million, a negative change from its year-to-date volume of 8.28 million. As of the previous 9 days, the stock’s Stochastic %D was 83.51%. Additionally, its Average True Range was 1.55.
During the past 100 days, United Airlines Holdings Inc.’s (UAL) raw stochastic average was set at 58.13%, which indicates a significant decrease from 83.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.96% in the past 14 days, which was lower than the 41.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.07, while its 200-day Moving Average is $42.78. Nevertheless, the first resistance level for the watch stands at $48.14 in the near term. At $48.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.62. If the price goes on to break the first support level at $46.65, it is likely to go to the next support level at $45.89. Assuming the price breaks the second support level, the third support level stands at $45.17.
United Airlines Holdings Inc. (NASDAQ: UAL) Key Stats
Market capitalization of the company is 15.74 billion based on 327,969K outstanding shares. Right now, sales total 44,955 M and income totals 737,000 K. The company made 11,429 M in profit during its latest quarter, and -194,000 K in sales during its previous quarter.
