United Airlines Holdings Inc (NASDAQ: UAL) has reported E.P.S. of $-0.38 for its first fiscal quarter (ending March 31) versus $-0.59 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $8.20 versus $5.88 for the same period a year ago.
Recent Price Action
United Airlines Holdings Inc (NASDAQ: UAL) stock increased 1.1% on 4/16/24. The shares closed at $41.50. Moreover, this advance was accompanied by exceptionally high trading volume at 211% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, UAL is expected to continue to be a major Value Builder.
United Airlines Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. United Airlines Holdings has a good Appreciation Score of 83 but a poor Power Rating of 24, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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