United Airlines (NASDAQ:UAL) Issues Q1 Earnings Guidance

United Airlines (NASDAQ:UAL) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.75-1.25 for the period, compared to the consensus EPS estimate of $0.53. United Airlines also updated its FY 2025 guidance to 11.500-13.500 EPS.

United Airlines Stock Up 2.9 %

NASDAQ UAL opened at $110.52 on Wednesday. The company has a market capitalization of $36.35 billion, a P/E ratio of 13.33, a PEG ratio of 0.78 and a beta of 1.44. United Airlines has a 12 month low of $37.02 and a 12 month high of $110.92. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.79 and a quick ratio of 0.72. The company’s 50 day simple moving average is $98.09 and its 200 day simple moving average is $69.80.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to analysts’ expectations of $14.40 billion. United Airlines had a net margin of 4.94% and a return on equity of 30.72%. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company posted $2.00 earnings per share. Equities research analysts expect that United Airlines will post 10.34 earnings per share for the current fiscal year.

United Airlines announced that its Board of Directors has initiated a stock repurchase program on Tuesday, October 15th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the transportation company to purchase up to 7.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on United Airlines from $108.00 to $133.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. TD Cowen boosted their price objective on shares of United Airlines from $100.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 target price on shares of United Airlines in a research note on Friday, November 15th. Melius Research raised United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. Finally, UBS Group boosted their target price on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Airlines presently has an average rating of “Buy” and an average target price of $106.45.

Insider Activity

In related news, EVP Linda P. Jojo sold 60,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $95.12, for a total transaction of $5,707,200.00. Following the transaction, the executive vice president now owns 63,599 shares in the company, valued at $6,049,536.88. This represents a 48.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kate Gebo sold 17,500 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the transaction, the executive vice president now owns 40,012 shares in the company, valued at $3,218,565.28. The trade was a 30.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.63% of the stock is owned by company insiders.

United Airlines Company Profile

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, flight academy, and maintenance services for third parties.