United Airlines (NASDAQ:UAL) Updates FY25 Earnings Guidance

United Airlines (NASDAQ:UAL) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $11.50-13.50 for the period, compared to the consensus estimate of $12.78. United Airlines also updated its Q1 guidance to $0.75-1.25 EPS.

United Airlines Stock Performance

NASDAQ UAL traded up $3.14 during trading hours on Tuesday, reaching $110.52. The company’s stock had a trading volume of 12,276,837 shares, compared to its average volume of 6,451,333. The stock has a market cap of $36.35 billion, a PE ratio of 13.33, a PEG ratio of 0.78 and a beta of 1.44. The business has a 50-day simple moving average of $98.09 and a 200 day simple moving average of $69.80. United Airlines has a 52 week low of $37.02 and a 52 week high of $110.92. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 1.95.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 21st. The transportation company reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The business had revenue of $14.70 billion during the quarter, compared to analyst estimates of $14.40 billion. United Airlines had a return on equity of 30.72% and a net margin of 4.94%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.00 EPS. Equities research analysts predict that United Airlines will post 10.34 earnings per share for the current fiscal year.

United Airlines declared that its board has approved a stock repurchase program on Tuesday, October 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the transportation company to reacquire up to 7.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

UAL has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their price objective on United Airlines from $75.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Morgan Stanley lifted their price objective on shares of United Airlines from $88.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Melius Research upgraded shares of United Airlines to a “strong-buy” rating in a research report on Monday, December 2nd. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of United Airlines in a research report on Friday, November 15th. Finally, Dbs Bank upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $106.45.

Insider Buying and Selling at United Airlines

In other news, EVP Kate Gebo sold 17,500 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $80.44, for a total transaction of $1,407,700.00. Following the completion of the sale, the executive vice president now owns 40,012 shares in the company, valued at approximately $3,218,565.28. This trade represents a 30.43 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Linda P. Jojo sold 60,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $95.12, for a total value of $5,707,200.00. Following the transaction, the executive vice president now owns 63,599 shares in the company, valued at approximately $6,049,536.88. This trade represents a 48.54 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.63% of the company’s stock.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.