Thursday, October 17, 2024
HomeFinancial ReportsBuybackUnited Airlines plans $1.5B share buyback

United Airlines plans $1.5B share buyback

United Airlines Stock Overview

United Airlines (UAL) shares opened at $64.05. The company has a market cap of $21.06 billion and a P/E ratio of 7.92. It has a debt-to-equity ratio of 2.07, with a one-year low of $33.68 and a high of $65.02.

Recent Earnings Report

On July 17, United Airlines reported earnings of $4.14 per share, exceeding estimates of $3.97. Their revenue was $14.99 billion, up 5.7% from last year, but slightly below the expected $15.04 billion. Analysts project an EPS of 9.88 for the current year.

Analyst Ratings

Brokerages have raised price targets for UAL: Susquehanna from $60.00 to $70.00, TD Cowen from $65.00 to $80.00, and Jefferies from $69.00 to $75.00. The average rating for UAL is “Moderate Buy” with a target price of $74.32.

Company Profile

United Airlines Holdings, Inc. provides air transport services globally, including passenger and cargo transport, catering, and maintenance services.

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