United Continental Holdings (UAL) Earning Somewhat Negative News Coverage, Study Finds
News articles about United Continental Holdings (NYSE:UAL) have trended somewhat negative this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Continental Holdings earned a media sentiment score of -0.04 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 76 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Investor Center: Technical Focus on United Continental Holdings Inc (UAL) – Hayden Business Journal (haydenbusinessjournal.com)
- United Continental Holdings, Inc. (UAL) stock RSI 24.98 Signals investors to buy – Voice Of Analysts (analystsbuzz.com)
- Perks? No! U.S. flyers prefer the cheap seats: Reuters/Ipsos poll (finance.yahoo.com)
- United Airlines regional carrier is dumping smaller, slower planes (finance.yahoo.com)
- United defeats lawsuit by passenger arrested at Heathrow – Reuters (reuters.com)
Several analysts have recently issued reports on the stock. ValuEngine raised shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. UBS AG reissued a “buy” rating and issued a $103.00 price target (up previously from $95.00) on shares of United Continental Holdings in a research report on Friday, June 9th. Citigroup Inc. upped their target price on shares of United Continental Holdings from $78.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, July 13th. Morgan Stanley reaffirmed an “equal weight” rating and set a $85.00 target price (up previously from $80.00) on shares of United Continental Holdings in a report on Thursday, July 13th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $86.00 target price on shares of United Continental Holdings in a report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. United Continental Holdings presently has a consensus rating of “Hold” and a consensus target price of $85.16.
Shares of United Continental Holdings (NYSE:UAL) traded up 1.11% during midday trading on Thursday, hitting $68.19. 3,751,011 shares of the stock were exchanged. United Continental Holdings has a 1-year low of $44.15 and a 1-year high of $83.04. The firm has a 50-day moving average of $75.42 and a 200-day moving average of $74.04. The company has a market capitalization of $20.75 billion, a P/E ratio of 9.52 and a beta of 1.03.
United Continental Holdings (NYSE:UAL) last announced its quarterly earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.44. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the business posted $2.61 earnings per share. United Continental Holdings’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts expect that United Continental Holdings will post $7.83 EPS for the current year.
In related news, EVP Gregory L. Hart sold 3,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $76.83, for a total value of $230,490.00. Following the sale, the executive vice president now owns 28,369 shares in the company, valued at $2,179,590.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael P. Bonds sold 9,971 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $78.86, for a total transaction of $786,313.06. Following the completion of the sale, the executive vice president now owns 8,716 shares in the company, valued at approximately $687,343.76. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.
About United Continental Holdings
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 flights 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.
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