What Can We Learn From United Airlines Holdings Inc. (UAL)’s Valuation Ratios?

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United Airlines Holdings Inc. (NASDAQ:UAL) finished Thursday with a subtraction of -$1.67 to close at $34.45, a downside of -4.62 percent. An average of 11,029,480 shares of common stock have been traded in the last five days. There was a fall of -$4.45 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 8,984,940 shares traded, while the 50-day average volume stands at 9,286,826.

UAL stock has decreased by -6.66% in the last month. The company shares reached their 1-month lowest point of $33.74 on 09/01/22. With the stock rallying to its 52-week high on 04/22/22, shares of the company touched a low of $30.54 and a high of $54.52 in 52 weeks. It has reached a new high 13 times so far this year and lost -21.31% or -$9.33 in price. In spite of this, the price is down -36.81% from the 52-week high.


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Insider Transactions

101 days have passed since United Airlines Holdings Inc. (UAL) last reported insider trading activity. Roitman Jonathan, who is EVP & COO, most recently acquired $13,939 shares at $36.85 per share on Jun 14. In this transaction, the insider spent $513,667. Vice President & Controller, KENNY CHRIS, disposed of 9,700 shares at a price of $47.88 on May 31. The insider now owns more than $464,436 worth of shares. Prior to that, EVP & Chief Customer Officer Enqvist Torbjorn J went on to Sale 8,900 shares at $51.33 each on Apr 22. An amount of $456,837 was transacted.

Valuation Metrics

United Airlines Holdings Inc. (UAL) stock’s beta is 1.26. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.33, the price-to-book (PB) ratio at 2.84, and the price-to-cash flow ratio at 8.60.

Financial Health

The quick ratio of United Airlines Holdings Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 7.41 and a total debt to equity ratio of 8.19 for the quarter ending June 29. Its gross profit as reported stood at $15.42 billion compared to revenue of $24.63 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, United Airlines Holdings Inc.’s return on assets was -1.80%.

Earnings Surprise

For the three-month period that ended June 29, United Airlines Holdings Inc. had $3.19 billion in cash and short-term investments compared to $29.18 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $329.0 million in the quarter, while revenues of -$1.38 billion were grew 231.91%. The analyst consensus anticipated United Airlines Holdings Inc.’s latest quarter earnings to come in at $1.95 per share, but it turned out to be $1.43, a -26.70% surprise. For the quarter, EBITDA amounted to $878.0 million. Shareholders own equity worth $326.75 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at United Airlines Holdings Inc. (UAL) price momentum. RSI 9-day as of the close on 22 September was 32.11%, suggesting the stock is Neutral, with historical volatility in this time frame at 45.20%.

As of today, UAL’s price is $36.98 -11.44% or -$4.45 from its 5-day moving average. UAL is currently trading -7.86% lower than its 20-day SMA and -31.78% lower than its 100-day SMA. However, the stock’s current price level is -9.13% below the SMA50 and -21.69% below the SMA200.

The stochastic %K and %D were 37.16% and 54.82%, respectively, and the average true range (ATR) was 1.68. With the 14-day stochastic at 7.04% and the average true range at 1.61, the RSI (14) stands at 37.52%. The stock has reached -1.45 on the 9-day MACD Oscillator while the 14-day reading was at -1.46.

Analyst Ratings

Susquehanna downgraded United Airlines Holdings Inc. (NASDAQ: UAL) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Positive. The consensus rating for United Airlines Holdings Inc. (UAL) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell UAL, while 8 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 7 others rate it as a “buy”.

What is UAL’s price target for the next 12 months?

Analysts predict a range of price targets between $31.00 and $81.00, with a median target of $47.50. Taking a look at these predictions, the average price target given by analysts for United Airlines Holdings Inc. (UAL) stock is $52.14.

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