Somewhat Positive Press Coverage Somewhat Unlikely to Affect United Continental Holdings (UAL) Share Price
News headlines about United Continental Holdings (NYSE:UAL) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Continental Holdings earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 45.5032512433089 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- United Continental Holdings Inc (UAL) Seeing Increased Volatility in Session – Sparta Review (spartareview.com)
- Airline Stock Roundup: Wow Air Expansion, Harvey Hits Carriers, Southwest, Alaska Air in Focus (finance.yahoo.com)
- Hurricane Harvey could cost United Airlines more than $265 million (finance.yahoo.com)
- Why Most Airlines Saw Falling Capacity Utilization this Month (finance.yahoo.com)
- United Continental Holdings, Inc. (UAL) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
United Continental Holdings (UAL) opened at 62.02 on Thursday. The firm’s 50-day moving average is $69.97 and its 200 day moving average is $73.08. United Continental Holdings has a 52-week low of $46.67 and a 52-week high of $83.04. The stock has a market capitalization of $18.87 billion, a PE ratio of 8.57 and a beta of 1.03.
United Continental Holdings (NYSE:UAL) last posted its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.31 by $0.44. United Continental Holdings had a return on equity of 29.46% and a net margin of 6.09%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the business earned $2.61 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. On average, equities analysts forecast that United Continental Holdings will post $7.77 earnings per share for the current year.
A number of research firms recently commented on UAL. ValuEngine raised shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. UBS AG reissued a “buy” rating and issued a $103.00 target price (up previously from $95.00) on shares of United Continental Holdings in a report on Friday, June 9th. Morgan Stanley reissued an “equal weight” rating and issued a $85.00 target price (up previously from $80.00) on shares of United Continental Holdings in a report on Thursday, July 13th. Citigroup Inc. raised 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. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $86.00 target price on shares of United Continental Holdings in a report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $85.91.
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In related news, EVP Gregory L. Hart sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was 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 approximately $2,179,590.27. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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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