United Continental (NASDAQ:UAL) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $10-12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.10. United Continental also updated its FY 2019 guidance to $10.00-12.00 EPS.
A number of equities analysts have weighed in on the stock. Standpoint Research lowered shares of United Continental from a buy rating to a hold rating in a research report on Friday, February 22nd. Vertical Research assumed coverage on shares of United Continental in a research report on Monday, February 4th. They issued a buy rating and a $103.00 price target for the company. Zacks Investment Research lowered shares of United Continental from a buy rating to a hold rating in a research report on Tuesday, December 18th. Imperial Capital reiterated an underperform rating and issued a $78.00 price target (up from $73.00) on shares of United Continental in a research report on Thursday, January 17th. Finally, Cowen reiterated a market perform rating and issued a $99.00 price target (up from $94.00) on shares of United Continental in a research report on Thursday, January 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company. United Continental currently has a consensus rating of Buy and an average price target of $100.88.
Shares of UAL stock traded up $0.65 during mid-day trading on Tuesday, hitting $85.17. The company had a trading volume of 3,115,600 shares, compared to its average volume of 3,401,311. United Continental has a 52-week low of $65.45 and a 52-week high of $97.85. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.47 and a current ratio of 0.54. The company has a market capitalization of $22.51 billion, a PE ratio of 9.33, a price-to-earnings-growth ratio of 0.40 and a beta of 0.96.
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United Continental Company Profile
United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.
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