United Continental Holdings, Inc. (NYSE:UAL) – Equities research analysts at Imperial Capital reduced their Q4 2017 EPS estimates for shares of United Continental Holdings in a research report issued on Wednesday. Imperial Capital analyst M. Derchin now anticipates that the transportation company will post earnings of $1.23 per share for the quarter, down from their prior estimate of $1.42. Imperial Capital has a “In-Line” rating and a $77.00 price objective on the stock. Imperial Capital also issued estimates for United Continental Holdings’ Q3 2018 earnings at $2.72 EPS and Q4 2018 earnings at $1.47 EPS.
A number of other equities analysts have also recently commented on UAL. Bank of America Corporation dropped their price target on shares of United Continental Holdings from $105.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, June 30th. BidaskClub cut shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Cowen and Company lifted their price target on shares of United Continental Holdings from $75.00 to $82.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 12th. UBS AG lifted their price target on shares of United Continental Holdings from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Finally, Citigroup Inc. lifted their price target on shares of United Continental Holdings from $78.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. United Continental Holdings presently has an average rating of “Hold” and a consensus target price of $80.61.
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Shares of United Continental Holdings (NYSE UAL) traded down 5.84% during trading on Thursday, hitting $64.02. 5,029,317 shares of the stock traded hands. United Continental Holdings has a 12 month low of $52.21 and a 12 month high of $83.04. The firm’s 50-day moving average price is $62.21 and its 200-day moving average price is $70.57. The stock has a market cap of $19.48 billion, a PE ratio of 8.85 and a beta of 1.05.
United Continental Holdings (NYSE:UAL) last issued its quarterly earnings data on Wednesday, October 18th. The transportation company reported $2.22 EPS for the quarter, beating the consensus estimate of $2.12 by $0.10. The firm had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.87 billion. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.11 earnings per share.
In other United Continental Holdings news, Director Edward Shapiro acquired 15,000 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were acquired at an average cost of $59.87 per share, with a total value of $898,050.00. Following the acquisition, the director now directly owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.27% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. MCF Advisors LLC boosted its holdings in shares of United Continental Holdings by 0.9% in the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after acquiring an additional 13 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of United Continental Holdings in the 1st quarter valued at $122,000. FNY Partners Fund LP boosted its holdings in shares of United Continental Holdings by 2,073.9% in the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after acquiring an additional 1,908 shares during the last quarter. Sun Life Financial INC boosted its holdings in shares of United Continental Holdings by 18,645.5% in the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock valued at $155,000 after acquiring an additional 2,051 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of United Continental Holdings in the 2nd quarter valued at $181,000. 97.62% of the stock is currently owned by institutional investors and hedge funds.
United Continental Holdings Company Profile
United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.
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