Traders bought shares of United Continental Holdings Inc (NYSE:UAL) on weakness during trading hours on Wednesday. $59.62 million flowed into the stock on the tick-up and $33.02 million flowed out of the stock on the tick-down, for a money net flow of $26.60 million into the stock. Of all companies tracked, United Continental had the 25th highest net in-flow for the day. United Continental traded down ($1.32) for the day and closed at $87.80

A number of research analysts recently weighed in on the company. Macquarie raised United Continental from a “neutral” rating to an “outperform” rating and set a $64.00 price objective on the stock in a report on Thursday, July 19th. Cowen upped their price objective on United Continental from $77.00 to $82.00 and gave the stock a “market perform” rating in a report on Thursday, July 19th. Morgan Stanley dropped their price objective on United Continental from $77.00 to $76.00 and set an “equal weight” rating on the stock in a report on Thursday, July 12th. Buckingham Research upped their price objective on United Continental from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, June 13th. Finally, ValuEngine raised United Continental from a “hold” rating to a “buy” rating in a report on Friday, July 20th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $86.20.

The firm has a market capitalization of $23.75 billion, a P/E ratio of 13.25, a PEG ratio of 0.51 and a beta of 0.75. The company has a quick ratio of 0.56, a current ratio of 0.63 and a debt-to-equity ratio of 1.56.

United Continental (NYSE:UAL) last released its quarterly earnings data on Tuesday, July 17th. The transportation company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.07 by $0.16. The company had revenue of $10.78 billion for the quarter, compared to the consensus estimate of $10.72 billion. United Continental had a return on equity of 24.28% and a net margin of 5.23%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $2.75 EPS. analysts forecast that United Continental Holdings Inc will post 8.13 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. BlueMountain Capital Management LLC acquired a new stake in shares of United Continental in the second quarter valued at about $102,000. Adviser Investments LLC acquired a new stake in shares of United Continental in the second quarter valued at about $112,000. Gables Capital Management Inc. acquired a new stake in shares of United Continental in the first quarter valued at about $139,000. Summit Trail Advisors LLC grew its stake in shares of United Continental by 9,454.7% in the first quarter. Summit Trail Advisors LLC now owns 139,785 shares of the transportation company’s stock valued at $140,000 after buying an additional 138,322 shares in the last quarter. Finally, Advisors Preferred LLC grew its stake in shares of United Continental by 521.1% in the second quarter. Advisors Preferred LLC now owns 2,472 shares of the transportation company’s stock valued at $172,000 after buying an additional 2,074 shares in the last quarter. Institutional investors and hedge funds own 95.21% of the company’s stock.

United Continental Company Profile (NYSE:UAL)

United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.

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