Streetbeat News

UAL

United Airlines Holdings, Inc.

https://www.united.com

Industry

Airlines, Airports & Air Services

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Open

86.00

Mkt cap

29B

Volume

4.3M

High

87.87

P/E Ratio

10.43

52-wk high

87.87

Low

85.60

Div yield

N/A

52-wk low

37.02

Mesa Air Group, Inc. (NASDAQ:MESA) shares surged 26.4% after reporting first-quarter FY24 results. Despite a 19.3% drop in operating revenues and missing earnings expectations, the company highlighted progress in debt reduction, improved pilot attrition, and a positive outlook for the second fiscal quarter of 2024. Agreements with United Airlines Holdings, Inc. (NASDAQ:UAL) were also noted.

Portfolio Pulse from Lekha Gupta

May 20, 2024 | 4:56 pm

Analysts have provided mixed ratings for United Airlines Holdings (NASDAQ:UAL) over the past three months, with a recent average 12-month price target of $65.9. The ratings include 2 bullish, 5 somewhat bullish, and 1 indifferent. Recent analyst actions include several upgrades and one downgrade, reflecting evolving market conditions and company performance.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 6:00 pm

Top Wall Street analysts have upgraded their ratings for several companies, including Littelfuse, Robinhood Markets, Darden Restaurants, United Airlines Holdings, and Aspen Technology. These upgrades come with increased price targets, despite recent declines in share prices.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 12:55 pm

Wolfe Research has upgraded United Airlines Holdings (NASDAQ:UAL) from Peer Perform to Outperform, with a new price target of $76.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 11:39 am

Major airline stocks, including Boeing, United Airlines, Ryanair, and Delta, traded lower pre-market as President Biden signed the FAA Reauthorization Act into law. The Act aims to improve airline passenger experience and safety standards. Southwest Airlines and Alaska Air Group saw slight gains.

Portfolio Pulse from Pooja Rajkumari

May 17, 2024 | 10:35 am

United Airlines Holdings Inc. (NASDAQ:UAL) is set to expand its fleet and routes after the FAA lifted certain safety restrictions. This follows a series of safety incidents that had led to increased oversight. The FAA's decision allows United to resume certification activities, and the airline is implementing further safety enhancements. The FAA's review had previously delayed the launch of new routes and the addition of Boeing 737 Max 9 jets to United's fleet. United's stock has gained over 21% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 16, 2024 | 4:28 pm

Boeing shares are trading higher following the FAA's decision to lift the operational freeze on United Airlines, allowing the airline to take deliveries of new planes and add routes. This decision comes after a series of safety incidents and an ongoing investigation. Boeing also announced advancements in its ecoDemonstrator program aimed at improving operational efficiency and sustainability.

Portfolio Pulse from Adam Eckert

May 16, 2024 | 3:54 pm

United Airlines announced that the FAA has lifted the freeze on its operations following a safety review. United Airlines communicated this update to its workers, addressing the FAA's review process.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:50 pm

The U.S. House of Representatives has approved a comprehensive aviation safety and consumer reform bill, which will now be sent to President Biden for approval. This legislation aims to enhance aviation safety standards and improve consumer protections.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:24 pm

Major airlines, including Delta, American, United, JetBlue, Hawaiian, and Alaska Airlines, have sued the Biden administration over a new rule requiring upfront disclosure of additional fees. Transportation Secretary Pete Buttigieg expressed astonishment at the lawsuit, emphasizing the rule's intent to protect consumers from hidden fees.

Portfolio Pulse from Benzinga Neuro

May 15, 2024 | 1:09 am

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