Several analysts have recently updated their ratings and price targets for United Continental Holdings (NYSE: UAL):
Shares of United Continental Holdings Inc (NYSE:UAL) opened at 70.74 on Wednesday. The firm has a market capitalization of $22.26 billion, a PE ratio of 10.33 and a beta of 0.58. United Continental Holdings Inc has a 12 month low of $37.41 and a 12 month high of $76.80. The firm’s 50 day moving average is $71.85 and its 200-day moving average is $66.06.
United Continental Holdings (NYSE:UAL) last issued its quarterly earnings data on Tuesday, January 17th. The company reported $1.78 EPS for the quarter, beating the Zacks’ consensus estimate of $1.73 by $0.05. The firm had revenue of $9.05 billion for the quarter, compared to analysts’ expectations of $8.89 billion. United Continental Holdings had a net margin of 6.19% and a return on equity of 35.62%. The firm’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the company earned $2.54 EPS. On average, analysts expect that United Continental Holdings Inc will post $6.84 EPS for the current fiscal year.
In other United Continental Holdings news, CFO Andrew C. Levy acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, February 28th. The shares were purchased at an average cost of $74.81 per share, with a total value of $748,100.00. Following the purchase, the chief financial officer now owns 20,199 shares in the company, valued at $1,511,087.19. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.39% of the stock is currently owned by corporate insiders.
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.