United Continental Holdings Inc. (NYSE:UAL) – Research analysts at Imperial Capital boosted their Q3 2016 earnings per share estimates for United Continental Holdings in a research report issued on Tuesday. Imperial Capital analyst M. Derchin now anticipates that the firm will earn $3.08 per share for the quarter, up from their prior estimate of $2.91. Imperial Capital currently has a “Outperform” rating and a $63.00 target price on the stock. Imperial Capital also issued estimates for United Continental Holdings’ Q4 2016 earnings at $1.40 EPS, FY2016 earnings at $8.27 EPS, Q1 2017 earnings at $0.42 EPS, Q2 2017 earnings at $1.93 EPS, Q3 2017 earnings at $3.18 EPS, Q4 2017 earnings at $1.55 EPS, FY2017 earnings at $7.00 EPS and FY2018 earnings at $8.24 EPS.

United Continental Holdings (NYSE:UAL) last posted its earnings results on Tuesday, July 19th. The company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.44 by $0.17. United Continental Holdings had a net margin of 17.71% and a return on equity of 47.48%. The firm earned $9.40 billion during the quarter, compared to analysts’ expectations of $9.36 billion. During the same quarter in the prior year, the firm earned $3.31 EPS.

Earnings History and Estimates for United Continental Holdings (NYSE:UAL)

Other analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of United Continental Holdings from a “hold” rating to a “strong sell” rating in a report on Thursday, June 16th. Cowen and Company reaffirmed an “outperform” rating on shares of United Continental Holdings in a report on Thursday, August 11th. Deutsche Bank AG raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a report on Tuesday, July 12th. Sanford C. Bernstein initiated coverage on shares of United Continental Holdings in a report on Monday. They issued a “market perform” rating and a $55.00 price target for the company. Finally, JPMorgan Chase & Co. reduced their price target on shares of United Continental Holdings from $72.00 to $61.50 and set an “overweight” rating for the company in a report on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. United Continental Holdings presently has a consensus rating of “Buy” and a consensus target price of $63.05.

United Continental Holdings (NYSE:UAL) opened at 53.69 on Wednesday. United Continental Holdings has a 52-week low of $37.41 and a 52-week high of $61.87. The company has a market cap of $17.31 billion, a PE ratio of 2.93 and a beta of 0.53. The firm has a 50-day moving average of $51.56 and a 200 day moving average of $48.41.

In other news, CFO Andrew C. Levy bought 15,000 shares of the company’s stock in a transaction that occurred on Friday, September 2nd. The stock was acquired at an average price of $50.96 per share, for a total transaction of $764,400.00. Following the transaction, the chief financial officer now directly owns 20,791 shares of the company’s stock, valued at approximately $1,059,509.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.39% of the company’s stock.

Several large investors have recently made changes to their positions in UAL. UBS Asset Management Americas Inc. boosted its stake in shares of United Continental Holdings by 252.8% in the first quarter. UBS Asset Management Americas Inc. now owns 1,389,487 shares of the company’s stock worth $83,175,000 after buying an additional 995,632 shares during the period. Primecap Management Co. CA boosted its stake in shares of United Continental Holdings by 0.3% in the first quarter. Primecap Management Co. CA now owns 19,534,025 shares of the company’s stock worth $1,169,307,000 after buying an additional 68,025 shares during the period. Scotia Capital Inc. boosted its stake in shares of United Continental Holdings by 149.9% in the first quarter. Scotia Capital Inc. now owns 9,156 shares of the company’s stock worth $548,000 after buying an additional 27,499 shares during the period. BB&T Securities LLC purchased a new stake in shares of United Continental Holdings during the first quarter worth about $482,000. Finally, Canada Pension Plan Investment Board boosted its stake in shares of United Continental Holdings by 50.2% in the first quarter. Canada Pension Plan Investment Board now owns 388,932 shares of the company’s stock worth $23,281,000 after buying an additional 129,957 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

United Continental Holdings Company Profile

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of approximately 5,000 flights a day to over 340 airports across six continents from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

5 Day Chart for NYSE:UAL

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