For its third fiscal quarter (ending September 30), United Airlines Holdings Inc (NASDAQ: UAL) has reported a -16% decline in E.P.S. from $3.47 a year ago to $2.90 in the current quarter. This performance was $-0.24 short of the consensus estimate of $3.14. E.P.S. were $8.32 for the latest four quarters through September 30 versus $8.74 for the same period a year ago — a decline of -5%.
Recent Price Action
On 10/15/24, United Airlines Holdings Inc (NASDAQ: UAL) stock rose modestly by 0.8%, closing at $64.05. Moreover, unusually high trading volume at 182% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 8.2% 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 B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. United Airlines Holdings has a slightly positive Appreciation Score of 69 and a good Power Rating of 71, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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