United Airlines Holdings Inc (NASDAQ: UAL) on Monday, soared 2.80% from the previous trading day, before settling in for the closing price of $61.80. Within the past 52 weeks, UAL’s price has moved between $33.68 and $61.92.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 20.53%. The company achieved an average annual earnings per share of -2.21%. With a float of $327.11 million, this company’s outstanding shares have now reached $328.02 million.
Let’s determine the extent of company efficiency that accounts for 103300 employees. In terms of profitability, gross margin is 16.61%, operating margin of 8.74%, and the pretax margin is 6.89%.
United Airlines Holdings Inc (UAL) Insider Activity
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of United Airlines Holdings Inc is 0.52%, while institutional ownership is 78.78%. The most recent insider transaction that took place on Apr 18 ’24, was worth 762,915. In this transaction EVP HR and Labor Relations of this company sold 15,000 shares at a rate of $50.86, taking the stock ownership to the 57,512 shares. Before that another transaction happened on Apr 18 ’24, when Company’s EVP HR and Labor Relations sold 15,000 for $50.82, making the entire transaction worth $762,360. This insider now owns 57,512 shares in total.
United Airlines Holdings Inc (UAL) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.65 earnings per share (EPS) for the period topping the consensus outlook (set at 3.35) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.07% during the next five years compared to 0.56% growth 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 0.71 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 0.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.82, a number that is poised to hit 3.17 in the next quarter and is forecasted to reach 11.47 in one year’s time.
Technical Analysis of United Airlines Holdings Inc (UAL)
Looking closely at United Airlines Holdings Inc (NASDAQ: UAL), its last 5-days average volume was 6.86 million, which is a drop from its year-to-date volume of 8.48 million. As of the previous 9 days, the stock’s Stochastic %D was 91.92%. Additionally, its Average True Range was 2.03.
During the past 100 days, United Airlines Holdings Inc’s (UAL) raw stochastic average was set at 98.95%, which indicates a significant increase from 97.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.24% in the past 14 days, which was higher than the 40.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.79, while its 200-day Moving Average is $47.11. However, in the short run, United Airlines Holdings Inc’s stock first resistance to watch stands at $64.21. Second resistance stands at $64.88. The third major resistance level sits at $65.96. If the price goes on to break the first support level at $62.46, it is likely to go to the next support level at $61.38. Should the price break the second support level, the third support level stands at $60.71.
United Airlines Holdings Inc (NASDAQ: UAL) Key Stats
Market capitalization of the company is 20.89 billion based on 328,803K outstanding shares. Right now, sales total 53,717 M and income totals 2,618 M. The company made 14,986 M in profit during its latest quarter, and 1,323 M in sales during its previous quarter.
