United Continental (NASDAQ:UAL) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.13. United Continental also updated its FY 2020 guidance to $11.00-13.00 EPS.
Several analysts recently commented on the company. BidaskClub lowered United Continental from a buy rating to a hold rating in a report on Tuesday, March 12th. ValuEngine lowered United Continental from a buy rating to a hold rating in a report on Tuesday, March 5th. JPMorgan Chase & Co. raised United Continental from a neutral rating to an overweight rating and set a $95.00 price target for the company in a report on Thursday, January 10th. Imperial Capital reissued an underperform rating and set a $78.00 price target (up previously from $73.00) on shares of United Continental in a report on Thursday, January 17th. Finally, Zacks Investment Research lowered United Continental from a buy rating to a hold rating in a report on Friday, March 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $100.88.
Shares of NASDAQ UAL traded up $0.65 during mid-day trading on Tuesday, reaching $85.17. The company’s stock had a trading volume of 3,728,663 shares, compared to its average volume of 3,401,173. The firm has a market cap of $22.51 billion, a price-to-earnings ratio of 9.33, a price-to-earnings-growth ratio of 0.40 and a beta of 0.96. The company has a quick ratio of 0.47, a current ratio of 0.54 and a debt-to-equity ratio of 1.34. United Continental has a 52 week low of $65.45 and a 52 week high of $97.85.
TRADEMARK VIOLATION WARNING: “United Continental (UAL) Updates FY 2019 Earnings Guidance” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2019/04/16/united-continental-ual-updates-fy-2019-earnings-guidance.html.
United Continental Company Profile
United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.
Featured Story: What type of investment options does a Roth IRA provide?
Receive News & Ratings for United Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental and related companies with MarketBeat.com's FREE daily email newsletter.