United Continental (UAL) Given Coverage Optimism Score of 0.13

News articles about United Continental (NYSE:UAL) have been trending somewhat positive on Monday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Continental earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.734075586018 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

Shares of NYSE:UAL opened at $81.72 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $22.56 billion, a PE ratio of 12.09, a PEG ratio of 0.50 and a beta of 0.88. United Continental has a 1 year low of $56.51 and a 1 year high of $83.66.

United Continental (NYSE:UAL) last issued its quarterly earnings results on Tuesday, July 17th. The transportation company reported $3.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.07 by $0.16. The firm had revenue of $10.78 billion for the quarter, compared to analyst estimates of $10.72 billion. United Continental had a return on equity of 24.28% and a net margin of 5.23%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.75 earnings per share. research analysts anticipate that United Continental will post 8.01 EPS for the current fiscal year.

Several research analysts recently weighed in on the company. Morgan Stanley reduced their price target on United Continental from $77.00 to $76.00 and set an “equal weight” rating for the company in a research report on Thursday, July 12th. Cowen lifted their price target on United Continental from $77.00 to $82.00 and gave the company a “market perform” rating in a research report on Thursday, July 19th. Macquarie upgraded United Continental from a “neutral” rating to an “outperform” rating and set a $64.00 price target for the company in a research report on Thursday, July 19th. Buckingham Research lifted their price target on United Continental from $96.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, July 19th. Finally, ValuEngine upgraded United Continental from a “hold” rating to a “buy” rating in a research report on Friday, July 20th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $86.63.

In other news, Director Edward Shapiro purchased 25,000 shares of the stock in a transaction dated Friday, June 8th. The shares were purchased at an average cost of $69.15 per share, with a total value of $1,728,750.00. Following the completion of the purchase, the director now directly owns 112,707 shares of the company’s stock, valued at approximately $7,793,689.05. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.32% of the company’s stock.

United Continental Company Profile

United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.

Recommended Story: Understanding Price to Earnings Ratio (PE)

Insider Buying and Selling by Quarter for United Continental (NYSE:UAL)

Receive News & Ratings for United Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply