Somewhat Positive Press Coverage Somewhat Unlikely to Impact United Continental Holdings (UAL) Share Price
Media headlines about United Continental Holdings (NYSE:UAL) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. 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 0.19 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 45.1769534187518 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- United Airlines Provides Latest Update on Operations and Relief Efforts with Hurricane Irma (finance.yahoo.com)
- Financial Comparison: United Continental Holdings (UAL) vs. its Rivals (americanbankingnews.com)
- United Reports August 2017 Operational Performance (finance.yahoo.com)
- Tourism, agriculture businesses brace for Irma’s impact (finance.yahoo.com)
- United Reports August 2017 Operational Performance – Markets Insider (markets.businessinsider.com)
Shares of United Continental Holdings (NYSE:UAL) traded up 3.56% during trading on Monday, hitting $60.46. 6,732,735 shares of the stock traded hands. United Continental Holdings has a 1-year low of $49.28 and a 1-year high of $83.04. The company has a 50 day moving average of $65.25 and a 200-day moving average of $72.21. The company has a market cap of $18.39 billion, a PE ratio of 8.35 and a beta of 1.06.
United Continental Holdings (NYSE:UAL) last released its earnings results on Tuesday, July 18th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $9.95 billion. During the same period in the prior year, the company posted $2.61 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. On average, equities analysts anticipate that United Continental Holdings will post $7.18 EPS for the current fiscal year.
Several analysts recently weighed in on the stock. ValuEngine upgraded shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. UBS AG reiterated a “buy” rating and issued a $103.00 price objective (up from $95.00) on shares of United Continental Holdings in a research report on Friday, June 9th. Morgan Stanley reiterated an “equal weight” rating and issued a $85.00 price objective (up from $80.00) on shares of United Continental Holdings in a research 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 company a “neutral” rating in a research note on Thursday, July 13th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $86.00 target price on shares of United Continental Holdings in a research note on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $83.62.
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In other United Continental Holdings news, EVP Gregory L. Hart sold 3,000 shares of the company’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $76.83, for a total transaction of $230,490.00. Following the transaction, the executive vice president now directly owns 28,369 shares in the company, valued at approximately $2,179,590.27. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.27% 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 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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