United Airlines Holdings Inc (NASDAQ: UAL) has reported E.P.S. of $3.96 for its second fiscal quarter (ending June 30) versus $3.28 for the same period a year ago — an increase of 21%. Relative to the consensus estimate of $3.99, this was a shortfall of $-0.03. For the latest four quarters through June 30, E.P.S. were $8.90 versus $8.15 for the same period a year ago — an increase of 9%.
Recent Price Action
United Airlines Holdings Inc (NASDAQ: UAL) stock declined slightly by -0.3% on 7/17/24. The stock closed at $46.94. Moreover, trading volume in this decline was exceptionally high at 214% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -0.6% during the last week.
Current PriceTarget Research Rating
UAL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
United Airlines Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. United Airlines Holdings has a good Power Rating of 83 and a good Appreciation Score of 83, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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