United Continental Holdings Inc (UAL) Q2 Earnings Beat, But PRASM Outlook Weak

Paterniano Del Favero
Luglio 19, 2017

(NYSE UAL) opened at 79.361 on Tuesday.

According to Zacks, "Even though shares of the company have underperformed the Zacks categorized Transportation-Airline industry so far this year, mainly due to the April 9 passenger fiasco, efforts made by the company to bounce back are encouraging". The stock has a market capitalization of $24.57 billion, a P/E ratio of 12.412 and a beta of 1.04. United Continental Holdings had a return on equity of 30.61% and a net margin of 5.56%. If you are reading this piece on another domain, it was illegally copied and republished in violation of global trademark and copyright legislation. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company's stock worth $147,000 after buying an additional 976 shares during the last quarter.

Over the prior three fiscal years (12 quarters), when shares of UAL rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Finally, Mn Services Vermogensbeheer B.V. boosted its position in United Continental Holdings by 511.6% in the second quarter.

Shares of United Continental Holdings, Inc. The firm now has a $86.00 price target on the transportation company's stock. The legal version of this piece can be viewed at https://www.thestockobserver.com/2017/07/18/united-continental-holdings-inc-nyseual-stake-raised-by-palo-capital-inc.html.

Other equities research analysts have also recently issued reports about the stock. Imperial Capital upped their target price on shares of United Continental Holdings from $75.00 to $77.00 and gave the stock an "in-line" rating in a research note on Tuesday. TrimTabs Asset Management LLC raised its position in shares of United Continental Holdings by 88.9% in the first quarter. Institutional investors and hedge funds own 96.66% of the company's stock. IFP Advisors Inc now owns 2,687 shares of the transportation company's stock valued at $190,000 after buying an additional 363 shares in the last quarter. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Zacks Investment Research raised United Continental Holdings from a "hold" rating to a "buy" rating and set a $86.00 target price on the stock in a research note on Tuesday, June 20th. United Continental Holdings presently has a consensus rating of "Buy" and a consensus target price of $82.94. Also, Director Edward Shapiro bought 10,000 shares of the business's stock in a transaction that occurred on Thursday, April 27th. LS Investment Advisors LLC now owns 8,128 shares of the transportation company's stock valued at $612,000 after buying an additional 254 shares during the last quarter. The stock was acquired at an average price of $69.35 per share, for a total transaction of $693,500.00. The stock was sold at an average price of $78.86, for a total transaction of $786,313.06. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Following the completion of the purchase, the director now directly owns 10,000 shares of the company's stock, valued at $693,500. Following the sale, the executive vice president now directly owns 8,716 shares of the company's stock, valued at $687,343.76. The Company operates its businesses through two reporting segments: Mainline and Regional Affiliates.

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