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

Oil prices plunged over 5% as Israel assured the U.S. it would not target Iranian oil facilities, easing Middle East tensions. This led to a drop in energy stocks and a rally in airlines and cruise lines due to lower fuel costs.

Portfolio Pulse from Piero Cingari

October 15, 2024 | 2:50 pm

United Airlines Holdings Inc (NASDAQ:UAL) is set to report its Q3 earnings, with expectations of $3.13 EPS and $14.78 billion in revenue. The stock has gained 56% YTD and shows bullish momentum, trading above key moving averages. Analysts maintain a 'Buy' rating with a price target of $71.37.

Portfolio Pulse from Surbhi Jain

October 15, 2024 | 12:10 pm

Wall Street is cautious as the Nasdaq nears a record high amid a slew of upcoming earnings reports. Energy stocks are under pressure due to falling oil prices, while tech stocks show mixed performance. Key companies like Nvidia and Wolfspeed are in focus, with Nvidia reaching a record high and Wolfspeed securing significant funding. Financials and industrials may benefit from a favorable economic backdrop.

Portfolio Pulse from Shanthi Rexaline

October 15, 2024 | 10:43 am

Jim Cramer suggests that the earnings season could continue to drive the market's record highs, but warns that rising bond yields could pose a risk. Several major companies, including JPMorgan, Wells Fargo, and others, are reporting earnings, which could influence market movements.

Portfolio Pulse from Shanthi Rexaline

October 15, 2024 | 8:08 am

United Airlines is set to report its Q3 earnings, with analysts expecting revenue of $14.78 billion and EPS of $3.13. The company has a strong track record of beating estimates. Key factors include the impact of recent hurricanes and international expansion plans. United's performance could influence the U.S. Global Jets ETF, where it holds the largest weighting.

Portfolio Pulse from Chris Katje

October 14, 2024 | 8:41 pm

United Airlines Holdings (NASDAQ:UAL) is set to announce its quarterly earnings on October 15, 2024. Analysts estimate an EPS of $3.07. The company's past performance shows mixed reactions to earnings beats, with a recent 1.17% drop despite beating estimates. Analysts rate UAL as a 'Buy' with a price target of $75, indicating a potential 21.36% upside. UAL shows strong revenue growth and financial health compared to peers.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 2:00 pm

United Airlines Aircraft Maintenance Technicians, represented by the Teamsters, held a nationwide rally demanding better wages, safety standards, and healthcare. They warn of technician shortages as negotiations with United Airlines continue.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:45 pm

United Airlines Holdings, Inc. (NASDAQ:UAL) announced its largest international expansion, adding service to eight new cities, including Bilbao, Nuuk, and Palermo. The expansion includes new nonstop flights from Newark and Washington D.C., and an increase in transatlantic flights. UAL shares rose 1.48% following the announcement.

Portfolio Pulse from Lekha Gupta

October 10, 2024 | 4:07 pm

Hurricane Milton has caused significant disruptions in Florida, closing multiple airports and leading to over 3,000 flight cancellations. Major airlines like Southwest, Spirit, Delta, JetBlue, Frontier, American, and United are expected to be heavily impacted. The U.S. Global Jets ETF may also experience volatility due to the situation.

Portfolio Pulse from Chris Katje

October 10, 2024 | 4:02 pm

Susquehanna analyst Christopher Stathoulopoulos maintains a Positive rating on United Airlines Holdings and raises the price target from $60 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 2:36 pm

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